Capital Market Projections

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

View our Capital Market Projections detailed white paper and illustrative charticle.

Callan's 10-Year Projections by Asset Class

Explore our 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. Our complete set of projections is also available in this “charticle,” which includes our reasoning for the projections for each asset class; risk and returns for all the asset mixes we tested; correlation expectations; and how historical returns have compared to our historical projections. Go even deeper into our analysis in our white paper.

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.

History of Our Projections

Look back over the last two decades to see how our projections have changed. Hover over any point on the time line to view projections for any year over the last 20.

Questions? Contact our Capital Markets Research Group at 415.274.3020