US Manager Universe Statistics: Third Quarter 2016
This chart book presents representative long-only and hedge fund manager performance for third quarter 2016.
Emerging/Frontier
The Value of ESG Data: Early Evidence for Emerging Markets Equities
Our examination of incorporation of environmental, social, and governance factors into the stock selection process for two major MSCI indexes finds evidence that ESG factors added value in emerging markets equities but not developed markets equities.
The Private Path to Latin America’s Most Dynamic Sectors
For investors seeking regional diversification and differentiated exposure to emerging markets, Latin American private equity and venture capital warrants serious consideration.
US Manager Universe Statistics: Second Quarter 2016
This chart book presents representative marketable and hedge fund manager performance for second quarter 2016.
Scandal, Recession, and Impeachment, Yet Brazilian Stocks Are Flying
Brazil’s equity valuations, though by no means rich, are out of sync with its political uncertainty and economic distress.
What’s Behind the Recent Rally in Emerging Markets and Does it Have Further to Run?
In this edition of CA Answers, two members of our Global Investment Research team discuss the recent sharp rally in emerging markets. Aaron Costello addresses the factors behind the rally and their sustainability, while Sean McLaughlin reviews the valuation case and return potential for emerging markets equities. Aaron Costello: In my view, the rebounds in…
US Manager Universe Statistics: First Quarter 2016
This chart book presents representative marketable and hedge fund manager performance for first quarter 2016.
RMB Risks
While a currency crisis in China can be avoided, much depends on investor psychology and how China manages the capital account.
US Manager Universe Statistics: Fourth Quarter and Calendar Year 2015
This chart book presents representative marketable and hedge fund manager performance for fourth quarter 2015. The median US REIT manager again posted the highest median quarterly return, 7.7% for fourth quarter 2015. The lowest median returns for the quarter (-1.4%) were posted by the median High-Yield Bonds manager and the median Credit Opportunities manager.
Is Emerging Markets Debt Attractive Today?
Despite seemingly high yields, today is not a particularly attractive time to buy emerging markets debt, whether hard currency or local currency.