Insights
InsightsA CIO’s guide to Q3
What’s next for the dollar, private markets, and global portfolios? Aberdeen’s experts share their insights.
Author
Peter Branner
Chief Investment Officer
Part of the series: 1
The Investment Outlook
Duration: 1 min
Date: Jul 15, 2025
Welcome to our Investment Outlook, where various teams at Aberdeen provide insights into the latest developments within their respective fields of expertise.
My hope is that these quarterly updates will clearly communicate where we think the world is heading and provide a link to potential investment ideas.
I was in France last month to discuss financial markets with colleagues from our industry. It was reassuring to see how investment management continues to evolve and adapt to markets and investor needs. The trend toward greater use of private markets in broader portfolios is clear. And a high level of uncertainty, driven by the tariff debate and geopolitical conflicts, is undoubtedly at the front of many investors’ agendas.
At Aberdeen, our structured House View process has led us to a well-diversified position with limited overall risk exposure. We are modestly positive on most sub-asset classes, with the notable exception of the US dollar, which we believe is in structural decline – a view with important implications that you can read more about below.
In the latest Investment Outlook this quarter:
- Amid dollar weakness and European defense spending, Aberdeen’s latest House View highlights where investors may still find opportunities.
- Rory Stewart, Professor of Grand Strategy at Yale University and a keynote speaker at our recent Aberdeen Gather event, details why investors must place geopolitics at the heart of strategy to navigate today’s volatile world.
- Professor Sotirios Sabanis, who leads a team of artificial intelligence (AI) researchers at the University of Edinburgh that’s been collaborating with us at the Centre for Investing Innovation, responds to ChatGPT’s predictions on how AI could reshape fund management, offering expert insight into its potential and limitations.
- And finally, Alexandre Popa writes about why indirect climate risks in supply chains deserve more investor attention – and action.
As always, I hope you enjoy these articles.
Important information
Projections are offered as opinion and are not reflective of potential performance. Projections are not guaranteed and actual events or results may differ materially.
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