Capital Markets Review
Inflation in the United States finished December at 7.0%, according to the year-over-year change in the Consumer Price Index-a level not seen since 1982. The combination of supportive monetary policy, which kept long-term interest rates low, and an unprecedented $5 trillion-plus in fiscal stimulus related to pandemic relief buoyed...
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Investment Perspectives
Objectively measuring a diversified investment portfolio's performance seems like a straightforward endeavor, but it has become increasingly complicated over the years. The purpose of this paper is to assist asset owners and fiduciaries in the selection and interpretation of benchmarks used to measure total...
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