On an annual basis, BNY Mellon Investment Management develops capital market return assumptions for approximately 50 asset classes around the world. The assumptions are based on a 10-year investment time horizon and are intended to guide investors in developing their long-term strategic asset allocations. The capital market assumption team consists of more than 30 investment professionals, including investment strategists, economists, financial advisors, manager research specialists and portfolio managers.

To read our 2019 capital market assumptions, please download the PDF.