Review of Market Performance: Calendar Year 2018
Myriad rising risks weighed on performance in 2018, leaving investors few places to hide among the sea of red.
Real Assets
US Manager Universe Statistics: Third Quarter 2018
This chart book presents representative long-only and hedge fund manager performance for third quarter 2018.
Should Investors Fear $100 Oil?
Although crude oil prices above $100 a barrel will pinch consumer pockets, investor anxiety on this topic is both premature and exaggerated.
Real Asset Dynamics: Agribusiness
Agribusiness private equity can be easy to overlook, but institutional investors would be remiss to disregard the sector. In this edition of Real Asset Dynamics, we examine the sector’s defining characteristics, recent industry trends, and their implications. Investors are cautious about agriculture investments. Farmland managers, which dominate the global private equity agriculture landscape, tend to…
Infrastructure Debt: Understanding the Opportunity
With underlying assets that provide essential services, infrastructure debt can play a key role in institutional investor portfolios. In this research note, we review how infrastructure debt has evolved, discuss its investment qualities, and highlight a few thoughts for those considering an allocation.
US Manager Universe Statistics: Second Quarter 2018
This chart book presents representative long-only and hedge fund manager performance for second quarter 2018. The median US Small-Cap Growth manager posted the highest median return for both second quarter 2018 (8.7%) and the one-year period ending June 30, 2018 (25.4%). The median Emerging and Frontier Markets Equity manager posted the lowest median return for second quarter 2018, returning -8.6%, and the median Emerging Markets Debt manager suffered the worst performance for the one-year period ending June 30, 2018 (-1.6%).
Review of Market Performance: Fiscal Year 2018
Equity markets and commodity-related assets outperformed other asset classes, while monetary policy expectations continued to negatively impact bond markets during the fiscal year ending June 30, 2018. This brief chart book looks at returns and other market metrics for fiscal year 2018.
Portfolio Benchmarking: Best Practices for Private Investments
When assessing performance at the aggregate private portfolio and sub-component level, investors should take the long view. In this publication, we review how long funds take to settle into their ultimate quartile ranking and highlight our framework for benchmarking a portfolio of private investments.
US Manager Universe Statistics: First Quarter 2018
This chart book presents representative long-only and hedge fund manager performance for first quarter 2018. The median Global ex US Bonds manager posted the highest median return for first quarter 2018, returning 3.5%. Global ex US Small-Cap Equity managers posted the best returns for the one-year period ending March 31, 2018, with a median return of 26.4%. The median US REITs manager posted the lowest median return for both first quarter 2018 (-6.5%) and for the one-year period ending March 31, 2018 (-1.1%).
Should Investors Reposition their Portfolios in Response to Recent Tariffs and the Rising Threat of Trade Wars?
Investors with thoughtfully diversified portfolios, which incorporate sufficient liquidity, should stay the course amid today’s trade tensions.