Recent Publications

India: In the Geopolitical Crosshairs

Once perceived as a US ally, India has recently been thrust into geopolitical crosshairs. Given the increased macro uncertainty, we would not overweight India at this time, particularly as equity valuations remain elevated despite the recent underperformance. Trade policies remain in flux, and there are measures that India can take to counter the near-term impact of tariffs. However, investors should monitor negotiations around India’s Russian oil imports, as these could have wider implications for the economy and market, especially the rupee.

Is the Outperformance of DM ex US Small Caps a Lasting Trend?

Yes. In our view, developed markets ex US small-cap stocks are well positioned to continue outpacing their larger-cap counterparts due to three key factors: reduced sensitivity to global tariff changes, attractive relative valuations, and improving international economic fundamentals.

Heightened Inflation Risks Favor Building More Resilient Portfolios

Description: In today’s environment, building resilient portfolios is essential. Inflation risks are elevated and macroeconomic uncertainty is high. Allocating capital to hedge macro risks may reduce returns, so investors should carefully consider risk tolerance, objectives, and spending needs when assessing their allocations.

Monthly Publications

Tactical CA House Views

Highlights our latest portfolio advice and reviews notable data for over 50 asset classes/sub-strategies, with key charts and views from our asset class specialists. Read a short introduction →

View Individual Asset Class/Substrategy Views

Market Matters: September 30, 2025

Monthly review of market action with the key charts for the month and a snapshot of index performance in major currencies

Quarterly Publications

CA’s house view and advice, written by our Chief Investment Strategist, Celia Dallas

Summarizes asset allocation and total investment performance for over 400 of Cambridge Associates’ endowment and foundation clients

Hedge Fund Update: Fourth Quarter 2022

Insights from the leaders of our hedge fund research on what drove performance in the quarter

US Manager Universe Statistics: Second Quarter 2025

Presents quarterly representative long-only and hedge fund manager performance.

Benchmark Commentary

Analysis of the performance shown in our private investment benchmarks