Welcome to MA Financial Group’s 2025 Investment Outlook.
Our investment professionals share their views and insights into the year that was and the year ahead across key asset classes including private credit, real estate, equities, private equity and venture capital.
Key themes
Asset class insights
Looking ahead, the global economic outlook is cautiously optimistic. Inflationary pressures have eased globally, and central banks have room to lower rates further to support growth.
Private credit continues its rapid growth, marching towards a US$2.8 trillion global asset class. We continue to have strong conviction in asset backed lending and believe alignment and workouts capabilities matter most.
Elevated construction costs will constrain supply and result in scarcity of options for quality core and alternative real estate assets as demand recovers. The ability to acquire assets at meaningful discounts to replacement value offer a once-in-a-cycle buying opportunity.
Major equity market indices in Australia and the US reached new highs in 2024, and regardless of economic conditions we see opportunities to deploy capital in attractive businesses at reasonable prices in 2025.
We expect merger and acquisition activity in the growth-tech sector to remain buoyant in 2025 driven by the benefits of consolidation and scale on growth and margins.
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