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</html><thumbnail_url>https://www.cambridgeassociates.com/wp-content/uploads/2026/08/has-quality-lost-its-edge.jpg</thumbnail_url><thumbnail_width>1200</thumbnail_width><thumbnail_height>628</thumbnail_height><description>No. The medium-term case for holding quality remains sound, backed by healthy fundamentals, reasonable relative valuations, and quality&#x2019;s diversifying properties, even if the current cyclical environment is not yet fully supportive. Investors should maintain exposure to the quality factor within equities, and those that saw their allocations fall due to recent underperformance should consider rebuilding. [&hellip;]</description></oembed>
