The title of our 2024 outlook summarizes the recent pivot in the Federal Reserve’s (Fed’s) stance toward monetary policy. It has huge implications for the economy going forward, as the Fed’s reaction function has shifted from one aimed at quelling outsized inflation...

By Aegon Asset Management We believe a clearer view on the fed-funds rate should bring more property transactions back to the market and expect transaction volume to pick up toward the latter half of 2024. Cap rates have risen across property types, but spreads have...

All investments contain risk and may lose value. The above overview is intended to illustrate major themes for the identified period. No representation is being made that any particular account, product, or strategy will engage in any or all of the themes...