Weathering the Latest US Government Shutdown
Historically, shutdowns have been short-lived and have had negligible economic and market impact. As such, well-diversified investors need not take specific portfolio action in response.
Investment Planning
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.
Have Markets Moved Beyond Peak Tariff Uncertainty?
Yes, the period of greatest tariff uncertainty for global equity investors is likely behind us.
VantagePoint: What to Do About the US Dollar?
In this edition of VantagePoint, we examine the historical context of the dollar, outline why we believe the recent decline is likely part of a multi-year bear market, and discuss strategies investors can use to reduce their dollar exposure.
Navigating the AI Revolution
The first paper in the series introduces the current state of AI as a technology, compares its evolution to prior technological shifts, and briefly outlines future potential trajectories. Part 2 explores how AI may reshape productivity, and the market’s reaction in investment terms. Part 3 addresses the extensive implications for asset allocation and provides guidance on how investors can position themselves for the various disruptive forces that may be unleashed.
Navigating the AI Revolution: State of the Technology Today and Potential Future Trajectories
This first paper in the series introduces the current state of AI as a technology, compares its evolution to prior technological shifts, and briefly outlines future potential trajectories.
Navigating the AI Revolution: Unlocking Productivity with AI Investment
As the second piece in a three-part series, we examine how AI may support productivity growth and how capital is being deployed to realize its potential.
Navigating the AI Revolution: AI’s Far Reach in Shaping Asset Allocation Opportunities
In this piece, we explore AI’s transformative potential for asset allocation opportunities and risks, as well as key implementation considerations and challenges.
ODD in Focus: Valuation
Robust valuation practices are essential in operational due diligence to protect against financial, regulatory, and reputational risks and to mitigate conflicts of interest. As such, it is crucial to assess the strength of a manager’s valuation processes, policies, oversight, and governance, ensuring these are tailored to the fund’s strategy and align with industry best practices.
Market Response to US-Iran Escalation Limited So Far
Given the fluidity of the situation in the Middle East and the uncertainty surrounding how events may unfold, we believe most investors should not make changes to portfolios in response to this event.