Insight Blog

Putting Bonds to Work in Our Client Portfolios

Flexible bond funds and floating-rate loan funds continue to make up over half of our clients’ fixed-income exposure. We anticipate their returns will far exceed those of core bonds, and recent portfolio performance has borne this out.

Hope and Luck Are Not Successful Investment Approaches

When markets are turbulent, particularly when stocks fall unexpectedly, resisting the urge to start looking for reasons to bail out of the market can be a tall order. If you have a sound investment process though, these are the times when you really need to stick with it.

Europe Is An Improving Story

Here are three reasons to stop discounting European stocks: green shoots, growing bottom lines, and good value.

First Quarter 2017 Market Review

The buoyant mood that pushed stocks higher through year-end 2016 continued into the first quarter as signs of an improving global economy continued to mount. Stock indexes were up across the board. Emerging-market stocks were the star performers.

First Quarter 2017 Investment Commentary

As we discuss in this quarter’s commentary, a quick survey of the economic landscape suggests the environment should remain supportive of stocks and other risk assets, at least over the next six to 12 months or so.

Private Equity Real Estate Update

We are always comparing investment opportunities. While we believe prospective returns in specific private real estate investments are lower than in the past, we also believe they continue to stand out compared to what we expect from stocks and bonds over our investment decision horizon.