The BCG Investor Perspectives Series is intended to bring the voice of the investor to business leaders and board members. While we feature the most recent research here, you can explore earlier editions below.
Our most recent survey, conducted March 18–22, 2022, finds investors more pessimistic on the economy, with 65%, up from 54% in January, expecting a recession in 2022 or 2023. The combination of inflation and interest rates remains the top macro concern, but the ranking of other risks has shifted. Since January, geopolitical and macroeconomic risks have grown—and COVID-19 has receded—in importance. A substantial majority want companies to disclose their exposure to Russia—and only 49% are satisfied with the disclosures they have received to date.
The respondents represent investment firms with more than $5 trillion in combined assets under management. They cover a broad spectrum of investing types and styles, and about 85% are portfolio managers and senior analysts directly responsible for making buy, sell, and hold decisions. The series began in March 2020 as the COVID-19 Investor Pulse Check.