ISA 2021 - Investment Strategy Annual - LaSalle's flagship research report

ISA 2021


The macroeconomic, political, and social outlook that sets the
stage for investment plans and strong performance are the focus
of the Investment Strategy Annual. The pandemic and the ensuing
global recession raise the importance and difficulty of these
tasks. Even as vaccine distribution gets underway, it will be
many months before inoculations are readily available to the
general public and economies are restored to their prior
strength. During this COVID-19 end game, our advice to investors
is to focus on these five themes:


1. Expect the dispersion of returns to continue


2. Invest in the rise of alternatives


3. Anticipate changing mobility and density preferences


4. Differentiate and separate permanent changes from temporary
shifts


5. Balance three styles: growth, income, and dislocation





Jacques Gordon
Global Strategist LaSalle Investment Management