Skip Links Content Area Main Navigation Header Meta Navigation UBS logins Search Title Main Navigation Wealth Management Monaco Site Navigation Main Navigation A Year of Discovery Year Ahead 2022 Social Sharing. Foreword Welcome to the Year Ahead 2022. After two years marked by disruption, loss, lockdown, and reopening, we’re on the cusp of a Year of Discovery. We expect a year of two halves. Elevated growth and inflation in the first half will create opportunities in cyclical markets, including the Eurozone. But with lower growth and inflation to come in the second half, we also see healthcare, a relatively defensive sector, as well-positioned. Meanwhile, continued low rates, yields, and spreads mean investors will need to think differently to find yield. Looking further ahead, the net-zero carbon transition and surging technological disruption are proving to be the biggest investment trends of the decade. This brings opportunity in greentech and sustainable solutions, and in enabling technologies like AI, big data, and cybersecurity. We hope that this Year Ahead 2022 brings you the context, perspective, and ideas you need to navigate our changing world. We look forward to helping you move ahead with confidence. Iqbal Khan Co-President, UBS Global Wealth Management, and President, UBS EMEA Tom Naratil Co-President, UBS Global Wealth Management, and President, UBS Americas Mark Haefele Chief Investment Officer, UBS Global Wealth Management Key topics What do you want to learn about? Is inflation here to stay? Key trends in the Decade Ahead What are the downside risks to growth? How should I build my asset allocation? Is technological disruption set to continue? What will economic policymakers do? What will drive growth in 2022? Asset class forecasts 2021 in review Our outlook Explore the Year Ahead 2022 Chapter 1: 2022 will be a Year of Discovery Chapter 2: Key questions Chapter 3: Investment ideas for the Year Ahead Chapter 4: The Decade Ahead Chapter 5: Investment ideas for the Decade Ahead Chapter 6: 2021 in review Ready to start a conversation? Get in touch with UBS Back to top Footer Navigation You are here: Monaco Wealth Management A Year of Discovery A Year of Discovery Information on UBS Terms of use Privacy statement Report fraudulent mail Additional legal information Privacy Settings Legal Information The products, services, information and/or materials contained within these web pages may not be available for residents of certain jurisdictions. Please consult the sales restrictions relating to the products or services in question for further information. Copying, editing, modifying, distributing, sharing, linking or any other use (whether for commercial purposes or otherwise) of this material, other than personal viewing, without UBS's prior written permission is strictly prohibited. © UBS 1998 - 2021. All rights reserved. Privacy Settings Cookies. We all have our preferences, so you're free to choose which ones are turned on. Here is the link to our privacy statement. You can change your settings any time. Click 'Privacy Settings' at the bottom of any page. Agree to all NO Statistics NO User preference NO Marketing Save preferences