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Special Report

2025 GAA Capital Market Assumptions: Revamped

by Lucas Laskey, Strategist   Xiaoli Tang, Associate Strategist   Chen Xu, Research Analyst    Juan Correa, Chief Strategist  

We revamp several of our methodologies in this edition of our return assumptions. We estimate that a US 60/40 portfolio will return 6.1% over the next 10 years. This is slightly below the return assumptions for US pension funds. Investors can obtain better returns by diversifying internationally and to alternative assets.

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BCA Research | Global Asset Allocation

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