Practical analysis for investment professionals

Performance Measurement & Evaluation


Climate Transition Risk in European Equity Markets

How can investors assess climate transition risk in their portfolios?

Times Change: The Era of the Private Equity Denominator Effect

How can investors address the denominator effect in private equities?

Decoupling Correlations: Global Markets since COVID-19

An examination of global stock market indices since 2015 reveals one clear takeaway: Every single index's average correlation with all other indices has fallen.

The 60/40 Portfolio Needs an Alts Infusion

How can investors supplement the traditional 60/40 stock/bond portfolio with allocations to alternatives?

How Do Performance Metrics Correlate? Might Fund Managers Cherry-Pick?

With various performance metrics to choose among, might fund managers be tempted to cherry-pick those that reflect most favorably on their performance?

When Hindsight Becomes Foresight: Replicating Investment Performance

Most investment products simply provide exposure to the stock market in complicated wrappers.

Do Sentiment Metrics Matter to the Markets?

How much correlation is there between consumer and business sentiment metrics and market returns?

Rethinking Retirement Planning Outcome Metrics

Retirement, like life, is fundamentally uncertain. That's why we need to provide clients with more context about what missing their retirement-income goals might look like.

Equity and Bond Correlations: Higher Than Assumed?

What correlations should we trust? Those based on daily or monthly return data?

Valuing Digital Assets with TradFi Tools: Three Methods

Not all traditional investment management techniques are applicable to digital assets, but sector breakdowns, DCF models, and risk factor modeling are solid starting points.