Research



Capital Markets Review

Current Issue: November 2025
Clocking in at 43 days, the longest Federal Government shutdown in U.S. history ended mid-month, resulting in widespread delays and lapses in economic data, including GDP, employment, and inflation figures....
Click Here to Access Full Library

Insights

Current Issue: The Low-Quality Stock Rally in Q3 2025

The third quarter of 2025 was characterized by unusually sharp underperformance by active management across multiple equity asset classes. The chart below includes the net excess returns across equity regions, as reported to eVestment, for Q3 and the trailing 20-year period...
Click Here to Access Full Library