Macquarie Asset Management "Digital Infrastructure Assets to Have a Dynamic Year Next Year"

2025 Economic and Investment Outlook Report
Focus on Political Challenges and Geopolitical Tensions Next Year
Digital Infrastructure Among Assets to Have a Dynamic Year

Macquarie Asset Management Group announced its economic and investment outlook for 2025, presenting on the 12th the key themes that will influence the performance of major asset classes and the investment environment next year.

The report's theme is "Plan for Growth, Prepare for Volatility." It emphasizes the resilience of global growth based on the recovery of advanced economies' consumer markets.

The year 2024 is regarded as a year that delivered excellent returns to investors. The traditional 60/40 portfolio recorded a 13.3% return in 2023 and achieved an 18.2% return in 2024. Key factors behind this performance include changes in inflation and the normalization of monetary policies by central banks.

Ben Wei, Global Head of Macquarie Asset Management Group, stated, “We expect financial conditions to continue normalizing in 2025,” adding, “Policymakers who have successfully navigated post-COVID inflation and recovering financial markets have brought about positive outcomes.” However, political challenges and geopolitical tensions are still expected to significantly impact the global economy in 2025.

Real estate is expected to benefit from falling interest rates and is anticipated to show solid growth due to its strong correlation with economic growth. Infrastructure is expected to achieve high returns by balancing defensiveness and growth, supported by declining interest rates and GDP growth. In particular, the digital infrastructure sector is expected to have a particularly dynamic year. The stock market is also expected to be positively influenced, though detailed market assessments will be required.