Globally there is a vast pool of cash savings – an estimated $51.7 trillion – but too few people put these savings to work in the financial markets. Our research outlines eight policy recommendations to encourage individuals to invest.

While market concentration has proved a headwind for active equity managers, we consider how some have navigated it better than others.

Vanguard’s global chief economist, Joe Davis, offers his view on market events, the economic outlook and the enduring power of diversification.

Download the full report for our views on the macro environment and the outlook for bond and equity markets.