As demand surges, primarily due to electrification and data centre expansion, the need for low-emission energy sources becomes critical. This transition necessitates significant investments in grid expansion and modernisation to integrate renewable energy sources while maintaining system stability and resilience.

China unveiled several stimulus measures on May 7 and it was confirmed that the U.S. and China would hold official tariff negotiations this week. In this PERSPECTIVES Special, we look at the impact of these events on Chinese equities.

The first 100 days of the President Trump’s second presidency has clearly pointed to an ‘America First’ agenda. We take a closer look at portfolio impact and what this means for investors globally in this PERSPECTIVES Special.

In this CIO Special, we look at four possible investment areas and consider their merits.

This is an updated version of our quarterly PERSPECTIVES Economic and asset class outlook following our ad hoc CIO Day.

U.S. trade and tariff policies and their lack of predictability have caused significant price fluctuations in all areas of the financial markets. Browse this page for more details.

Long term Capital Market Assumptions (LTCMA) form a vital component of systematic long-term asset allocation approaches. This report highlights significant developments to our 10-year (i.e. 2025-2034) asset class return assumptions since the last review, and the impact of macroeconomic and monetary policy developments, amongst other factors. It presents LTCMA for selected sub-asset class indices within equities, fixed income and commodities.

The latest quarterly update of our views includes 2025 and 2026 forecasts for GDP growth and inflation, along with 12-month targets for key policy rates and markets.

These changes should accelerate Europe’s path to decarbonization, reinforcing the EU’s leadership in climate policy. Industries will need to adapt to tighter regulations, while investors navigate an evolving carbon market with new risks and opportunities. The coming years could shape the balance between economic growth and environmental responsibility, potentially setting a precedent for future carbon pricing mechanisms worldwide.

In this PERSPECTIVES Special, we investigate the structural drivers of healthcare along with the recent developments and main opportunities in the sector. We also provide a market outlook focused on earnings prospects, valuation, and potential cyclical tailwinds.

In this PERSPECTIVES Special we look at both the prospects for tariffs implementation and their possible impact on U.S. and European equities.

In this PERSPECTIVES Special we will look for how any potential end to Russia’s invasion of Ukraine might impact financial markets.

In this PERSPECTIVES Special we examine the reasons behind the UK assets’ bumpy start to the year. Issues covered include the re-pricing of global interest rate expectations, vulnerabilities from the UK’s “twin deficit”, the fiscal outlook, Bank of England policy options and the outlook for sterling, UK bonds and UK equities.

In PERSPECTIVES, the Deutsche Bank investment magazine, we review the landscape for the year ahead to identify the broader issues affecting investors over both short- and long-term horizons.

This is the latest edition of our PERSPECTIVES: Economic and asset class outlook. It provides a summary update of our economic and asset class views following our quarterly CIO Day.

In this CIO Special report, we discuss details of the fiscal package announced by the National People’s Congress’ Standing Committee meeting and provide an update on the macroeconomic performance of the Chinese economy.

Our Global Chief Investment Officer, Christian Nolting, provides an initial assessment of the U.S. election results and their market implications.

As we inch closer to the U.S. presidential election, our new CIO Special explores the current state of the political landscape, key issues and policies that continue to shape the narrative for the race and its potential impact on a range of sectors for equity investors.

In the third issue of our quarterly publication PERSPECTIVES, we provide an update on our economic and investment outlook for the remainder of 2024 and beyond.

Portfolio decarbonization will become an increasingly important topic. Investors need to understand the key issues involved.

In this CIO Special report we examine what’s driving Earth Overshoot Day and where innovation is offering hope for our planet's future.

Carbon markets are likely to play a major role in promoting sustainability and innovation, offering new opportunities for investors and policymakers alike.