マクロ経済環境の構造変化に伴って株と債券など資産間の相関が不安定化しており、アセットクラス毎の配分をベースとした従来のポートフォリオ理論は充分に機能していません。
本セミナーでは、こうした弱点を補う新たな手法として、マクロ経済調査会社である当社が独自の経済分析・予測に基づいて提供するトータル・ポートフォリオ・アプローチ（OE TPA）をご紹介します。
OE TPAでは、各種アセットクラスに影響を与える共通因子である12のリスクプレミアムファクターを識別したうえで、変化するマクロ経済レジームに応じて統合的なポートフォリオの最適化を目指します。
米国を中心としたAI投資ブームはトランプ関税ショックを受けた世界経済の救世主となりましたが、その持続性を巡る懸念は高まっています。今後のAI普及ペースに加え、それが経済全体の生産性をどの程度高めるかについても大きな不確実性があります。
また、AIによる労働代替は雇用を脅かしているのではないのか、次期FRB議長に指名されたウォーシュ氏が重視するAIのディスインフレ効果は利下げを正当化するのかなど、AIとマクロ経済を巡る議論は盛り上がる一方です。米国を中心としたAI投資ブームはトランプ関税ショックを受けた世界経済の救世主となりましたが、その持続性を巡る懸念は高まっています。今後のAI普及ペースに加え、それが経済全体の生産性をどの程度高めるかについても大きな不確実性があります。
Event Australian Economic Outlook Conference 2026 Navigating the crosscurrents of economic policy 24 February 2026 Sydney in this page: Momentum is building in Australia’s economy, but the path ahead is anything but smooth. Inflation is rearing its head again, leaving the RBA in a difficult predicament just as households and businesses are seeking clearer signals. … Read more
Event Australian Construction Outlook Conference 2026 Navigating the crosscurrents of economic policy 24 February 2026 Sydney in this page: The construction sector is entering a defining decade as growth in activity shifts towards non-traditional asset classes. Increasing construction costs, labour market capacity, and ongoing geopolitical uncertainty will all limit the extent to which construction activity … Read more
EMs will face lower-than-usual risks and positive sentiment towards EMs’ will continue
China’s boost to manufacturing will be EM-positive. The impact of lower global prices and on those in China’s supply chains will outweigh the impact of competition on some EMs
Fiscal risks: The riskier EMs will die another day; in 2026 investors will get rewarded and the medium-term unsustainability can will be kicked again.
Asset managers! Enjoy carry trades but we will need to discuss global and country-specific banana skins! On the latter, Senegal and Ukraine are best avoided
Despite heightened policy uncertainty global economic activity has remained resilient in 2025 and we expect that to continue in 2026 after a soft start to the year.
Event Investment Strategy Conference Navigating the crosscurrents of economic policy 25 November 2025 Paris in this page: Join leading investors, asset managers, and real estate professionals at our new Oxford Economics and Alpine Macro Investment Strategy Conference, where we explore the evolving landscape of global markets. As the boost from early trade fades and tariff … Read more
Event Investment Strategy Conference Navigating the crosscurrents of economic policy 26 November 2025 Frankfurt am Main in this page: Join leading investors, asset managers, and real estate professionals at our new, Oxford Economics & Alpine Macro – Investment Strategy Conference, where we explore the evolving landscape of global markets. The event’s focus: identifying key risks … Read more
As we approach Q4 and many investors begin to refresh their capital markets assumptions, Oxford Economics invites you to an exclusive 45-minute virtual event where we’ll unveil our newly developed Capital Markets Assumptions (CMA) Tool — a powerful, flexible solution designed to help financial institutions navigate long-term asset return forecasting with greater confidence and clarity.
Event Commercio globale, Debito USA, Fed e tassi Convegno di Oxford Economics in partnership con Intesa Sanpaolo 30 Ottobre 2025 Westin, Piazza della Repubblica, Milano Oxford Economics, in collaborazione con Intesa Sanpaolo, è lieta di invitarla al convegno che si terrà il 30 ottobre a Milano, presso l’Hotel Westin Palace, in Piazza della Repubblica 20. … Read more
Conference Markets in the Crossfire: Implications of Fiscal Profligacy and Anti-Globalism 24 September 2025 RAC, Pall Mall, London Oxford Economics would like to formally invite you to our 3rd Annual Asset Management Conference on 24 September at the RAC in Pall Mall, London. The global economy is at a turning point. The boost to activity from the … Read more
Oxford Economics and Alpine Macro are proud to co-host a joint Investment Conference in New York City, where we’ll tackle critical investment issues and explore the macro and market outlook heading into 2026.
Event Australian Construction Outlook Conference 2025 Unpacking key trends that will define outperformance in construction to 2030 17, 24, 30 September 2025 Sydney, Melbourne & Online Australia’s construction sector is entering a defining decade, driven by transformative trends across tech, government investment, electrification, and demographics. At Oxford Economics Australia, we forecast the engineering construction boom, … Read more
Event Australian Economic Outlook Conference 2025 A new era of challenges: The risk pendulum swings from fighting inflation to navigating trade tensions and kickstarting productivity growth. 17, 24, 29 September 2025 Sydney, Melbourne & Online With inflation easing, new challenges are coming to the forefront-fractured global trade, declining productivity, and a softening global economy. For … Read more
Event 世界経済見通しとリスク：トランプ2.0が迫る経済パラダイムの転換 5th June 2025 – 3:30pm to 5:00pm 東京都千代田区大手町1-4-1 （株式会社国際協力銀行 9F講堂） 世界経済見通しとリスク：トランプ2.0が迫る経済パラダイムの転換 Global Outlook and Risks – How Trump 2.0 is changing the economic paradigm 今次セミナーでは、最初に当社CEOのAdrian Cooperから関税政策を中心にトランプ2.0が世界の貿易活動や投資、成長、基軸通貨ドルの役割へ与える影響について短期と長期の双方の観点からご説明します（同時通訳付き）。 そうした中で金融政策がどう対応していくか、予想される財政政策の変化と政府債務見通しへ与える影響なども議論します。当社モデルを用いた上振れ・下振れシナリオも紹介する予定です。 セミナー後半では、在日代表の長井滋人よりトランプ2.0が日本経済へ与える影響について日銀の金融政策を中心に議論します。関税による景気・物価下振れで金利正常化がどうなるかに止まらず、防衛費拡大による財政悪化や海外発インフレ・ショックの頻発、ドル安誘導圧力が金融政策へ影響するリスクもカバーする予定です。 本セミナーは、どなた様もご参加いただけます。 ◆こんな方におすすめ： In this seminar, our CEO, Adrian Cooper, will discuss the implications of the policy agenda of Trump 2.0 and, in particular, his tariff policies. … Read more
Oxford Economics ed EY sono lieti di invitarti al convegno che si terrà il 21 maggio 2025, a partire dalle ore 10:30, presso l’EY wavespace di Roma (Via Lombardia 31).
Analizaremos las perspectivas económicas para la economía global, europea y española en un momento en el que la política proteccionista en EEUU y el cambio de rumbo en la política fiscal alemana y de defensa europea están alterando el orden establecido desde hace décadas.
Event Global Economic Outlook Conference 2026 Navigating the crosscurrents of economic policy 28 January 2026 London in this page: The global economic outlook is being shaped by three powerful forces – evolving trade policy, the ongoing AI boom and fiscal activism. This complex system of shocks is set keep volatility in inflation and economic activity … Read more
Olivier Blanchard, Senior Fellow at the Peterson Institute for International Economics and former chief economist at the International Monetary Fund, spoke at our annual conference in New York alongside CEO Adrian Cooper and Chief US Economist Gregory Daco.
