This paper considers the role an enhanced allocation to real assets can play in portfolios during various stages of the pension life cycle.
It was another rollercoaster ride for equity markets but this time ending on a high note, with the S&P 500 Index delivering a thrilling 13.6% return in the first quarter, the best start to a year since 1998.
From a business standpoint, 2018 was a good year for our team, with solid investment performance and flows which surpassed our expectations.
An Opportune Time to Build Your Strategic Allocation
Michael went on a search for Democratic Socialism in the real world, and ended up halfway around the globe from where he began.
The Fed halted tightening and propelled equities to their fastest recovery ever following a bear market. This decision was made despite the lowest unemployment rate in 40 years. Does that make sense? Also, a possible deal with China.
Michael discusses how short covering, rather than real money, has driven the fastest recovery on record following a bear market, and looks ahead at slowing earnings growth.
A brief note on the latest price action in equity markets, how business cycles end, and how markets are being left to fend for themselves without central bank intervention for the first time in 20 years.
Michael takes a close look at the question of rising committed and unspent capital in private equity, and implications for investors.
For the first time in 20 years, markets will have to survive without support from central banks.