Outlook for global equities: what could surprise markets in 2026
About this episode
The episode discusses potential market surprises for 2026, focusing on investment strategies and sector opportunities following a volatile start to 2025.
What could derail markets or fuel the next rally - after 3 years of gains? In this conversation, Portfolio Managers Alan Pullen and Casey McLean join Investment Director and Analyst, Elisa Di Marco to reflect on the volatile start to 2025 and the powerful AI-driven rally that followed, before looking ahead to what 2026 may bring. The trio discuss expectations for more modest returns and a rotation toward quality and AI execution. They also highlight the sectors and companies they believe are best positioned to benefit as markets evolve. They explore potential upside surprises and key wildcards, from private credit risks to AI-led productivity gains. Above all, they emphasise the importance of investment discipline, fundamentals and long-term thinking in today’s volatile environment.
People in this episode
Host: Elisa Di Marco
Guests: Alan Pullen, Casey McLean
Topics covered
- global equities
- market outlook
- AI-driven rally
- investment discipline
- sector analysis
Keywords
- global equities
Mentioned in this episode
Organizations: Magellan Asset Management
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