Schroders Crystal Ball 2024 Investment Outlook: Megatrends are forcing investors to change their view of the world

Nils Rode

The megatrends of decarbonisation, demographics and deglobalisation - ‘the 3Ds’ - will continue to have a seismic impact on investors’ outlook and investment approach during 2024, the media were told at the Schroders Crystal Ball 2024 Investment Outlook Conference. 

Schroders investment leaders, Johanna Kyrklund, Co-Head of Investment and Group Chief Investment Officer (CIO), Alex Tedder, Head of Global and Thematic Equities, and Nils Rode, Chief Investment Officer, Private Assets for Schroders Capital, discussed these significant 3D trends and what they will mean for investors.

Johanna Kyrklund, Co-Head of Investment and Group CIO, said:

“The 3Ds of decarbonisation, demographics and deglobalisation are forcing investors to recalibrate their view of the world.  Interest rates and inflation may be stabilising but we need to get used to new ranges.  

“The stakes have been raised; investors need to work harder to outpace inflation and to compete against a return on cash in the bank.”

Alex Tedder, Head of Global and Thematic Equities, said:

“In 2024 uncertainties will persist and equity markets are likely to remain volatile. As always, however, the old adage that ‘there is always a bull market somewhere’ may prove accurate. In fact, we think there are a number of areas that may prove highly profitable for global equity investors next year.

“For equity investors a change in mindset is needed. This involves more diversification across regions (including a return to unloved markets such as Japan and the UK), more focus on the implications of structural change, and renewed attention to valuation, quality, and risk.”

Nils Rode, Chief Investment Officer, Private Assets for Schroders Capital, said:

“Investors should not automatically continue with what has worked in the past. Instead, strategies and investments should be evaluated for their suitability for the new world we are entering. In conclusion, this is a time to be forward-looking and thoughtful.

“The 3D Reset, the AI revolution, and the private markets slowdown and higher global interest rates mark a new era for private assets investment. By focusing on long-term trends, diversifying portfolios, and rethinking past strategies, investors can navigate this new era successfully.”

To read Schroders’ Outlook 2024 for public markets please click here and for private markets here.


For further information, please contact:

Andy Pearce, Head of Media Relations




Chaneigh Bernard, Prosek



Note to Editors

To view the latest press releases from Schroders visit: Newsroom - Media Relations - Schroders

Schroders plc

Schroders is a global investment management firm with £726.1 billion (€846.1 billion; $923.1 billion) assets under management, as at 30 June 2023. Schroders continues to deliver strong financial results in ever challenging market conditions, with a market capitalisation of circa £7 billion and over 6,100 employees across 38 locations. Established in 1804, the founding family remains a core shareholder, holding approximately 44% of Schroders’ shares.

Schroders has benefited from a diverse business model by geography, asset class and client type. It offers innovative products and solutions across four core growing business areas; asset management, solutions, Schroders Capital (private assets) and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, high net worth individuals and foundations. Schroders also manages assets for end clients as part of its relationships with distributors, financial advisers and online platforms.  

Schroders aims to provide excellent investment performance to clients through active management. It also channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we will deliver for our shareholders and other stakeholders.Issued by Schroder Investment Management Limited. Registration No 1893220 England. Authorised and regulated by the Financial Conduct Authority.  For regular updates by e-mail please register online at for our alerting service.

Important Information: This communication is marketing material. The views and opinions contained herein are those of the author(s) on this page, and may not necessarily represent views expressed or reflected in other Schroders communications, strategies or funds. This material is intended to be for information purposes only and is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. It is not intended to provide and should not be relied on for accounting, legal or tax advice, or investment recommendations. Reliance should not be placed on the views and information in this document when taking individual investment and/or strategic decisions. Past performance is not a reliable indicator of future results. The value of an investment can go down as well as up and is not guaranteed. All investments involve risks including the risk of possible loss of principal. Information herein is believed to be reliable but Schroders does not warrant its completeness or accuracy. Some information quoted was obtained from external sources we consider to be reliable. No responsibility can be accepted for errors of fact obtained from third parties, and this data may change with market conditions. This does not exclude any duty or liability that Schroders has to its customers under any regulatory system. Regions/ sectors shown for illustrative purposes only and should not be viewed as a recommendation to buy/sell. The opinions in this material include some forecasted views. We believe we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know. However, there is no guarantee than any forecasts or opinions will be realised. These views and opinions may change. The content is issued by Schroder Investment Management Limited, 1 London Wall Place, London EC2Y 5AU. Registered No. 1893220 England. Authorised and regulated by the Financial Conduct Authority.

Follow us
Follow us
Follow us

To facilitate legibility, the language forms male, female and diverse (m/f/d) are not used simultaneously in this text. All references to persons apply equally to all genders.

Schroder Investment Management (Switzerland) AG (herein after called "SIMSAG") webpages are aimed exclusively at qualified investors with their registered office or residence in Switzerland. The SIMSAG webpage also contains information about collective investment schemes which are not approved for distribution to non-qualified investors in Switzerland.

For illustrative purposes only and does not constitute a recommendation to invest in the above-mentioned security / sector / country.