AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure. Whilst this is ongoing, we will continue to operate two separate websites both branded BNPP AM. Learn more

Investment Institute
Annual Outlook

Outlook 2022: Inflation – 'mostly' transitory


The coming year is likely to see inflation remain a concern, while interest rates will start to rise in many major markets as central banks tighten monetary policy.

Watch the video with Chris Iggo, Core Chief Investment Officer, AXA IM, to find out more.

Video filmed on November 19th, 2021
Read the full Outlook 2022 article
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    Risk warning

    The value of investments, and the income from them, can fall as well as rise and investors may not get back the amount originally invested. 

    AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure

    AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.