Global Investment Guide Amid AI and Structural Shifts

The global economy is undergoing a once-in-a-generation structural transformation. The rapid rise of artificial intelligence, the realignment of global supply chains, overlapping policy uncertainties, and ongoing geopolitical competition are redefining asset pricing logic and portfolio construction.

In this environment, investors can no longer rely on traditional macro anchors such as persistently low inflation or steady growth. Instead, they must adopt multi-scenario planning and dynamic portfolio adjustments to navigate an era of rapid economic change.

At Galexor Capital, we see this moment as both a high-risk crossroads and a golden window for strategic investors.

1. Artificial Intelligence — The Core Engine of the Next Five Years

AI is no longer just a tech sector story — it is deeply integrated into manufacturing, energy, healthcare, finance, and beyond, driving a leap in productivity.

Our outlook:

• Short term: AI themes will continue to support earnings for U.S. large-cap tech, sustaining resilience in the Nasdaq and related sector indices.

• Medium to long term: Structural productivity gains will raise potential GDP growth rates and unlock new opportunities in both developed and emerging markets.

Galexor's positioning: Anchor allocations in U.S. AI leaders while selectively targeting AI-related beneficiaries in emerging markets — such as India's digital infrastructure and smart manufacturing.

2. Multi-Scenario Thinking Over Single-Path Dependency

Over the next five years, the global economy could follow very different paths:

• Bullish scenario: AI boosts productivity, inflation eases, growth accelerates, and equity markets enter a sustained bull cycle.

• Bearish scenario: Escalating tariff wars, supply disruptions, and global credit instability put pressure on risk assets.

Strategic investing is no longer about betting on one outcome — it’s about preparing for multiple futures. Our approach: maintain flexibility in core holdings and diversify with private markets, short-duration bonds, and non-USD developed market sovereign debt to build portfolios that can both defend and advance across scenarios.

3. Structural Opportunities in Fixed Income

While U.S. Treasuries remain the world's ultimate safe-haven asset, narrowing yield spreads and inflation pressures are elevating the appeal of:

• Non-U.S. developed market government bonds.

• Short-term inflation-linked bonds.

• Private credit — filling the financing gap left by tightening bank lending, offering attractive yields while aligning with major themes like infrastructure upgrades and the green energy transition.

4. Emerging Markets: Entering a Golden Decade

Emerging markets are benefiting from overlapping structural drivers:

• Demographic dividends.

• Digital adoption.

• Supply chain relocation.

• Capital market internationalization.

India stands out with its long-term growth momentum and market reforms, attracting strong global inflows. Our view: moderately increase EM exposure but focus on selective, high-conviction plays rather than passive broad allocation.

5. Private Markets as a Core Allocation

In a high-uncertainty world, private markets offer the agility and trend-capture capabilities that make them a core, not peripheral, allocation:

• Infrastructure private equity: benefiting from energy transition and digital infrastructure build-out.

• Private credit: capturing yield while funding areas underserved by traditional banks.

• Growth equity: tapping into AI, green tech, and other emerging industries.

6. From Reactive to Proactive Positioning

In the past, investors often waited for trends to fully emerge before acting. In the future, trends may be priced in by AI and quant capital before they are visible to the broader market.

Proactive positioning — before trends are obvious — will be key to long-term outperformance. At Galexor Capital, our global research network and tech-driven analytics engine track policy moves, capital flows, and sentiment shifts in real time, enabling portfolio adjustments ahead of market accelerations.

Disruptive trends are now permanent anchors in global investing. They can fuel growth or trigger volatility — but for strategic investors, the real risk lies not in change itself, but in being unprepared for it.

Galexor Capital is more than an asset manager — we are trend decoders and frontline observers. We help investors identify structural opportunities amid uncertainty, build resilient capital positions across multiple scenarios, and maintain a competitive edge over the next five years and beyond.

Galexor Capital | Insight into Trends · Building the Future · Mastering Uncertainty