Capital Markets Review
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....
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Insights
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...
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