The domestic equity markets posted a 25 percent return, while the bond markets, despite a pull-back in December, maintained a positive return of 1.25 percent as we closed out the year. As we look forward to the New Year we are mindful that evolving monetary and fiscal conditions, along with geopolitical challenges around the world, make the path ahead uncertain.
Our 2025 outlook provides our views on the markets and the key themes driving investment portfolios going forward. Read our year-end update and 2025 investment outlook.