Market Matters: January 2021
Global equity markets declined in aggregate in January, but individual markets varied as emerging markets advanced and developed equivalents fell.
Real Assets
Review of Market Performance: Calendar Year 2020
The onset of the COVID-19 pandemic caused steep declines in risk markets in first quarter 2020. Safe-haven assets, such as core sovereign bonds and gold, performed strongly during this period and have held on to much of their gains. Large-scale intervention by both monetary and fiscal authorities eventually put a floor under risk markets, driving rapid recoveries and pushing equity markets to new highs.
Market Matters: December 2020
The risk rally continued in fourth quarter, bolstered by COVID-19 vaccine progress and multiple new stimulus measures.
Market Matters: November 2020
Global equities ascended to new all-time highs in November, delivering their best monthly return since 1975.
Market Matters: October 2020
Risk assets generally sold off in October, but investors found little respite in traditional safe-haven assets.
US Manager Universe Statistics: Third Quarter 2020
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.
Is Distressed Real Estate Actionable Today?
Yes, but the opportunity set is currently limited.
Market Matters: September 2020
Risk assets rallied again in third quarter, notwithstanding declines in September.
Market Matters: August 2020
Global equities surged higher in August.
Should Investors Trim Gold Exposure, Given the Rally in Prices?
Yes, investors who have made tactical bets in gold should consider scaling back their positions and locking in some gains.