2026 Global Outlook: The Great Rotation by Zwelakhe Mnguni

“Benguela 2026 Global Investment Outlook – The Great Rotation”  by Zwelakhe Mnguni, Chief Investment Officer

In this thought piece, Zwelakhe explores the growing disconnect between the real economy and financial markets, outlining why 2026 represents a structural shift in global asset allocation. The report brings together geopolitical risk, global macro trends, valuation signals, commodity dynamics and the evolving role of AI to provide a clear framework for portfolio positioning in the year ahead.

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