Last Month at a Glance
Global risk assets rose in January amid intensifying geopolitical headlines.
Credit/Fixed Income
Last Week at a Glance
Global equities closed slightly lower as geopolitical developments drove market sentiment.
Will the Fed Remain Independent?
Yes, we expect economic data to remain the primary driver of Federal Reserve policy decisions.
2026 Outlook: Fixed Income Views
A disciplined, quality-focused approach across fixed income and private credit can help position portfolios for balanced risk-adjusted returns in a challenging environment in 2026.
US Manager Universe Statistics: Third Quarter 2025
This publication presents manager performance for 37 asset classes and substrategies, showing the median, mean, and key percentiles of return. Relevant indexes for each asset class are also included to provide market context.
Do the Recent Bankruptcies of First Brands and Tricolor Suggest Trouble Ahead in Private Credit?
No, the recent bankruptcies of First Brands Group and Tricolor do not signal systemic problems in private credit.
Long Bond Performance Does Not Signify an Impending Debt Crisis
Long-dated government bonds have come under pressure in recent months, but markets are not beginning to price in a fiscal crisis in our view. Drawing on market data and institutional trends, we believe they will continue to behave defensively during deflationary shocks.
2024 Hedge Fund Discretionary Expense Summary
This report provides a comparative overview of management fees and discretionary expenses across five hedge fund strategies in Cambridge Associates’ manager universe—long/short equity, credit opportunities, multi-strategy, global macro, and fund of hedge funds—for the years 2022 through 2024.
Market Matters: September 30, 2025
Global equities advanced in Q3 as investors looked past peak tariff uncertainty, focusing on resilient economic activity and earnings growth, ongoing artificial intelligence developments, and a resumption of Federal Reserve rate cuts.
US Manager Universe Statistics: Second Quarter 2025
This publication presents manager performance for 37 asset classes and substrategies, showing the median, mean, and key percentiles of return. Relevant indexes for each asset class are also included to provide market context.