Capital Markets Review
As expected, the FOMC cut its Fed Funds Rate by 0.25% for the third consecutive meeting, while also releasing updated economic projections. The Fed’s 2026 outlook for GDP growth increased, inflation decreased....
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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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