World’s top money managers see global stocks recovering in 2023

Pia Haak, chief investment officer at Swedbank Robur, says there's better visibility going into 2023. (Image: Swedbank)

Tue, 13 Dec 2022

By Sagarika Jaisinghani, Jan-Patrick Barnert and Jeanny Yu Some of the world's biggest investors predict that stocks will see low double-digit gains next year, which would bring relief after global equities suffered their worst loss since 2008.Amid recent optimism that inflation has peaked – and that the Federal Reserve could soon start to change its tone – 71% of respondents in a Bloomberg News survey expect equities to rise, versus 19% forecasting declines. For those seeing gains, the average response was a 10% return.The...

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