Building resilience in multi-asset portfolios

January 27, 2026

Time to Read: 4:10 mins

Diversification, disciplined risk management and a forward-looking approach to selecting investments is necessary for multi-asset portfolios in 2026, says BNY Investments Newton FutureLegacy portfolio manager, Bhavin Shah.

Key points:

Global growth is set to moderate in 2026, but trade shifts and inflation pressures keep challenges on the horizon.
Stock markets remain highly concentrated, with US dominance heightening correlation and downside risk.
Selective exposure to emerging markets, especially India and China, could add growth and diversification to portfolios.
AI spending is expected to surge, with agentic AI and biotech breakthroughs boosting productivity, drug discovery, and new business models.
Diversification and discipline are important to manage volatility amid geopolitical risks, policy shifts and stretched tech valuations.

3009300 Exp: 30 April 2026

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