Capital Market Projections

Our long-term expectations for return, volatility, and correlation for broad asset classes

Callan's 10-Year Projections by Asset Class

We develop a long-term outlook for return and risk for all of the major asset classes. In this chart, you can view those projections by asset class type, such as equities and fixed income. For more detail on our high-level thinking about the projections and the capital markets, read our blog post “Q&A on Our Capital Market Projections.”

What's Behind our Capital Market Projections

Jay Kloepfer, director of capital markets research, describes the collaborative approach we use when crafting these projections (1:38 min).

Read Transcript  >

How does asset allocation affect risk and return? Select different mixes below to see.

10-Year History of Our Projections

Look back over the last decade to see how our projections have changed. Hover over any point on the time line to view projections for any year over the last 10.

Questions? Contact our Capital Markets Research Group at 415.974.5060