Taking Stock: NEPC Asset Allocation Roundtable, the 2025 Edition

Asset allocation is integral to the success of any investment portfolio, and it is among the most important decisions an investor will make. In this discussion, NEPC Asset Allocation Team pulls back the curtain to offer behind-the-scenes glimpse of the issues and themes at the forefront of their investment meetings.

From this roundtable, the NEPC Team shares their views on the biggest surprises and threats in the market, how the U.S. dollar is impacting asset allocation decisions, the concerns around the Fed and monetary policy, the performance of emerging markets, and the biggest market drivers of 2026. The Team also gives their most important recommendations to investors.