Projected medium term returns across asset classes

The chart below comes from Shane Oliver from AMP Capital. His latest article (VIEW LINK) focuses on what investors can realistically expect in terms of medium term returns from a wide range of asset classes. He makes the following point: "Low starting point yields and constrained GDP growth indicate it’s not reasonable to expect year after year of double digit returns. In fact, the decline in the rolling 10 year moving average of superannuation fund returns (chart) indicates we have been in a lower return world for some time now." Oliver goes into far more detail in the article, however, his points on relative returns and expectations are well illustrated in the chart/table below.