An investment strategist at a $939 billion firm shares the 4 asset classes investors should buy for big gains as the market shifts to a new normal — and why last market’s losers will become the biggest winners

• US large-cap stocks dominated global markets in the prior economic regime.
• But as a new era dawns, investors should buy last cycle’s losers for outperformance going forward.
• Schroder’s Bob Armstrong shared four asset classes he predicts will be the next market leaders.

As the economy hurtles towards an impending downturn, many of the characteristics that defined markets in recent years have flown out the window.