Capital Market Line: 3Q15

The PineBridge Capital Market Line (CML) has normalized after the scare over a “hard landing” in China. In equities, it continues to favor Japan, Europe, Mexico and India. 

In fixed income, high yield has become attractive along with emerging market debt and bank loans. And in alternatives, timber and private credit continue to shine. While it may seem like global quantitative easing (QE) will never end, supporting high overall returns for growth assets, we expect markets to shift to lower returns and rising volatility in the next year or two.

Read the full white paper at the link beneath Related Files

Supporting documents

Click link to download and view these files