Five Views That Matter for the Next Five Years | Presentation

At the London stop of Cambridge Associates’ Investment Leaders Exchange roadshow, chief investment officers, portfolio managers, and other investment leaders gathered to discuss the questions likely to shape portfolios over the next five years, from diversification and currency shifts to hedge funds, artificial intelligence, and the outlook for global equities.

In this presentation from the Investment Leaders Exchange, Kevin Rosenbaum, Head of Global Capital Markets Research & Investment Communications at Cambridge Associates, outlines five forward-looking views that may have important implications for long-term portfolio construction. Kevin examines why diversification may matter more in a world of higher geopolitical risk and lower expected equity returns, why the U.S. dollar may weaken from here, and why ex-U.S. equities could outperform U.S. markets over the next cycle.

The presentation also highlights the opportunity for hedge funds to add more value in a more dispersed market environment and explores how AI may create both investment opportunity and misallocation risk across public and private markets. Together, these views frame a broader shift in how investors may think about return sources, regional allocations, active strategies, and technology exposure in the years ahead.

Access the presentation here.