Robeco – 5-Year Expected Returns: The Stale Renaissance, 2026-2030

This report focuses on expected returns over the next five years (2026-2030) across various asset classes including government bonds, corporate bonds, emerging market debt, equities, real estate, and commodities.

It discusses valuation, climate risks, regulatory developments, macroeconomic drivers, and expected returns. The report highlights a renaissance driven by productivity gains from artificial intelligence, changing work and investment landscapes. It also covers uncertainty in the global economic environment and special topics such as AI in stock selection, safe havens, alternatives to private equity, and sustainable investing, presenting both bull and bear case scenarios.