Last Week at a Glance
Global equities fell as concerns about AI spending, higher oil prices, and French political uncertainty rattled markets.
Recent Publications
US Midterm Results Modestly Shift Policy Risks, but Fundamentals Still Guide Portfolios
Democrats have regained control of both chambers of Congress by a wider margin than expected and secured key governorships. For long-term investors, an unexpected election outcome alone does not warrant changing portfolio positioning.
Last Month at a Glance
Renewed concerns about AI spending and rising oil prices weighed on global equities.
Secondaries in Private Investment Portfolios: A Framework for Strategic Allocation
The evolution of the secondary market has expanded what institutional investors can do within private investment portfolios.
Is the Euro Area Heading for Another Sovereign Debt Crisis?
No. France’s fiscal and political problems do not appear to signal another euro area sovereign debt crisis.
Last Week at a Glance
Global equities fell as concerns about AI spending, higher oil prices, and French political uncertainty rattled markets.
Will the Recovery in European Earnings Continue?
Yes. Europe’s sector mix is better positioned for today’s environment than it was during the low-growth, low-rate, underinvestment regime of the prior decade.
Last Quarter at a Glance
Q3 ended on a weak note as rising bond yields weighed on asset class returns in September.
The Wealth That Outlasts the Founders
The question for any family of wealth is not whether conflict and complexity will arrive. They will. The question is whether the structure exists to absorb them and whether the family has built that structure before it needs it.
Should Investors Act on the US Midterm Elections?
No. The November US midterm elections could affect regulatory, fiscal, foreign, and AI policy, but uncertain outcomes and market implications make election-driven trades a poor basis for investment decisions. In our view, investors are better served by maintaining resilient, diversified portfolios than by positioning for an anticipated election outcome.
2025 Hedge Fund Discretionary Expense Summary
This report provides a comparative overview of management fees and discretionary expenses across four hedge fund strategies in Cambridge Associates’ manager universe—long/short equity, credit opportunities, multi-strategy, and global macro—for the years 2022 through 2025.
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 →
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
VantagePoint: The Iran War Fuels the Case for Portfolio Resilience
CA’s house view and advice, written by our Chief Investment Strategist, Celia Dallas
Endowments Quarterly: Second Quarter 2026
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 2026
Presents quarterly representative long-only and hedge fund manager performance.
Benchmark Commentary
Analysis of the performance shown in our private investment benchmarks