In this 106-page document, Robeco presents its forecasts for the 5-year Expected Returns for all major asset classes.

5%Return on equities
-2.5%Return on euro GOV bonds
1.25%Inflation outlook still subdued
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Longer-term Expected Returns
The long-term returns for a wide range of asset classes
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Heading for disintegration?
Special feature - Eurozone
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Passive is far from perfect
Special feature - Passification
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Beware the tail risks
Special feature - Volatility
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Is this recoveryjust a blip?
Special feature - Secular stagnation
It’s all about macro factors
Special feature - Origin of returns
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COMING OF AGE
5-YEAR EXPECTED RETURNS