Market Matters: June 30, 2024
Global equities advanced, with performance led by tech-heavy markets, including the United States and emerging Asia.
Credit/Fixed Income
European Central Bank Cuts Interest Rates by 0.25%
On June 6, the European Central Bank (ECB) cut its main interest rates by 0.25%, becoming the first major developed markets (DM) central bank to cut rates.
Market Matters: May 31, 2024
Most asset classes rallied in May.
US Manager Universe Statistics: First Quarter 2024
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.
The Private Credit Playbook: Understanding Opportunities for Family Investors
In today’s environment, we believe private investors and wealth families can benefit from private credit, positioning their portfolios for strong returns supported by protected assets and faster capital deployment than other growth assets.
Private Credit Strategies: An Introduction
This paper describes why we believe private credit can be attractive in any market, outlines the various sub-asset classes, and discusses the construction of a private credit portfolio and its implementation into a portfolio.
Market Matters: April 30, 2024
Global equities and bonds declined in tandem in April, driven by diminished prospects for Federal Reserve rate cuts.
Private Credit Markets Are Growing in Size and Opportunity
This paper provides an update on recent developments in private credit and highlights several opportunities that investors should explore for the remainder of 2024.
Market Matters: March 31, 2024
Equity markets posted strong returns in Q1.
Decades of Data: United States 1900–2023
The 2023 US edition of our annual report on the history of financial markets provides context for the range of returns investors can expect from equities, bonds, and cash; reveals the importance of various components of equity returns; examines the evidence for equity mean reversion; and reviews the relationship between initial valuations and subsequent returns for equities and bonds.