Last Week at a Glance
Global equities posted positive returns, boosted by a rally on Friday as the US Supreme Court struck down a significant part of the Trump administration’s tariff policy.
Real Assets
Will the Trump Administration’s Affordability Policies Jump-Start the US Residential Real Estate Sector?
No. The proposed policies are unlikely to swiftly resolve the challenges facing US residential real estate.
Review of Market Performance: Calendar Year 2025
Global economic growth hovered near trend in 2025. The dollar weakened sharply, while global equities and commodities posted strong gains. Bond returns improved as rates and credit spreads eased.
Last Month at a Glance
Global risk assets rose in January amid intensifying geopolitical headlines.
2026 Outlook: Diversifier Views
In 2026, a disciplined, diversified approach across hedge funds, real assets, and California Carbon Allowances can help investors navigate market uncertainty and capture emerging growth.
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.
VantagePoint: Electrifying Returns in the AI Era
In this edition of VantagePoint, we examine how the rise of AI is reshaping the global energy landscape and highlight the most compelling opportunities and risks for investors.
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.
Should Investors Increase Core Real Estate Allocations Now That the Fed Has Resumed Easing?
No. Despite last week’s rate cut, we do not recommend that most investors increase their core real estate exposure.
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.