Research

CA Answers: Are “Reflation Trades” Reversing or Just Pausing?

Answers to our clients’ questions about market action and the market environment in a few paragraphs every two weeks. Some of the reflation trades that received a boost from the US election (such as the stronger US dollar and higher US bond yields) look to be merely taking a breather as investors square positions; however, […]

Mission-Related Investing: Current Practices and Views of Non-Profit Investors

Investor approaches to mission-related investing (MRI) are as varied as the social and environmental outcomes they seek to achieve. This survey report explores trends in the structure and implementation of MRI programs, investor motivations and perceived challenges, and expectations for future growth in MRI investment activity, based on responses from 159 non-profit clients, 50 of which are actively making mission-related investments.

CA Answers: Is Now the Time to Invest in Real Assets?

Answers to our clients’ questions about market action and the market environment in a few paragraphs every two weeks. In a word, yes, albeit slowly and selectively. Since the US presidential election, the market appears to be pricing in renewed expectations of growth and inflation, both of which have the potential to positively impact real […]

VantagePoint: First Quarter 2017

The start of the year is always a good time to focus on personal improvements with resolutions. In this edition of VantagePoint, we share in the spirit of a new year by providing investment resolutions.

CA Answers: Why Shouldn’t Investors Simplify to a 70/30 Portfolio?

Answers to our clients’ questions about market action and the market environment in a few paragraphs every two weeks. Simple is not so sweet in the current environment. In a world of global uncertainty, investors should place a premium on diversification. The siren song of the simple portfolio may be difficult to resist, but its […]

CA Answers: Are Private Equity Returns Doomed?

Answers to our clients’ questions about market action and the market environment in a few paragraphs every two weeks. No. You just need to know where to look. Given the low return environment, many investors are exploring private equity investing for the first time, attracted by data points such as the 10.7% ten-year return for […]

Outlook 2017: A Break in the Clouds

In our 2017 outlook, we review the prospects for several asset classes—developed and emerging markets equities, credit, real assets, sovereign bonds, and currencies—and share the advice of our chief investment strategist.

403(b) Plan Fiduciary Oversight

In an increasingly complex landscape, the fiduciary management of robust 403(b) plans has become more challenging than ever.