Modestly but steadily lower returns
How to enhance portfolio returns while limiting investment costs
When fundraising gets easier, investing is more challenging. In this late stage of a historically long recovery, private equity investors have three choices.
China’s economic revolution continues to be one of the defining stories of the 21st century.
Long-term Capital Market Assumptions 2017 Theme-Credit cycles
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
While tariffs remain a concern, the key issue is the degree—which we deem moderate—of U.S. recession risk. The current global backdrop makes the U.S. dollar unlikely to strengthen. Earnings growth expectations are modest, valuations are undemanding