Global Asset Allocation Team Market Update – March 2025

March 7, 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

Risk appetite deteriorated and financial markets were mainly in risk-off mode in February, with mounting risks of a trade war injecting some volatility into the marketplace and weighing on investor sentiment. Meanwhile, recent data have shown some worrisome signs of stagnating growth and stubborn inflation in the United States – stoking fears the world’s largest economy could be heading towards a period of stagflation.

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Global Asset Allocation Team Market Update – March 2025

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