Grantham: Expect 12% Annual Return from Quality U.S. Equities, Actively Managed

In the latest 7-Year Asset Class Forecast from Jeremy Grantham and GMO (published October 31 - before the latest leg down in the market), the firm anticipates a 12.2% annual return from U.S. 'high quality' equities with active management, and approximately 11% from international developed markets. Click to enlarge: