Rohit Sipahimalani

Global Macro Outlook: Converging from Divergence | Global Conference 2024

David Westin, Andrew Junkin, Karen Karniol-Tambour, Rohit Sipahimalani, Max Stone

Global investors are pivoting toward a structural era defined by geopolitical fragmentation, structurally higher inflation, and diverging monetary policies that challenge traditional asset correlations. In response to US concentration risks and "China Plus One" strategies, institutional players like Temasek are rebalancing allocations toward domestic-facing sectors in Asia while prioritizing currency hedging and private credit to mitigate opacity and inflationary volatility. This macroeconomic shift necessitates rigorous scenario planning for political and industrial policy risks, as demographics, energy transitions, and artificial intelligence now dictate long-term capital allocation and valuation frameworks.