Global Asset Allocation Team Market Update – April 2025

April 9, 2025 | Market Commentary, Public Markets

Jean-Guy Desjardins

Founder of Fiera Capital and Executive Chair of the Board

Candice Bangsund

Vice President and Portfolio Manager, Global Asset Allocation and Private Markets Solutions

The first quarter ended on a softer note, with President Trump’s disruptive trade proposals and mounting stagflation fears driving investors out of risky assets. Risk appetite deteriorated markedly in March as investor fears intensified that a trade war will reignite inflation and dampen growth.

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Global Asset Allocation Team Market Update – April 2025

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