Which will be the best performing asset class over the next five years?

Study by Robeco

Emerging market equities are expected to be the top performing asset class over the next five years, according to a study by Robeco, as it warns the investment landscape could "change dramatically" during the period.

The annual Robeco Expected Returns (2019-2023) report projects average annual returns, in euro terms, for major asset classes over the next five years.  It expected equities would be the best performing asset class, particularly those in emerging markets, which it forecast would return 4.5%. On the bond side, local currency emerging market debt was expected to be the best performing, with a return of 3.75%.  EM crises cause investor sentiment to fall to lowest level since 2016 However, Robeco said, while emerging markets would be the best performing overall asset class, the figu...