
Ninety One flags shift from US dominance to broader opportunity sets
John Stopford says future market returns may be shaped by different forces than those of the past decade, with implications for South African assets.

John Stopford says future market returns may be shaped by different forces than those of the past decade, with implications for South African assets.

As optimism rises and valuations stretch, there is a shift from broad exposure to disciplined, valuation-driven analysis.

Morningstar’s Investment Outlook for 2026 highlights trends in the US and domestic equity markets that it believes advisers and investors should watch.