Outlook 2023: Institutions ponder stagflation investing

Inflation. Recession. Stagflation. All these topics will be top of mind for institutional investors as the world heads into 2023. Investor sentiment seems cautious for the first half of the year, with growing expectations the developed world may be close to an interest rate cycle peak or at least a slowing in the pace of rate hikes. Yet inflation – the big story of 2022 – is likely to persist in 2023 and will prompt some asset owners to diversify into real assets to secure ret…