August finished as a relatively quiet month in the capital markets compared to June. Maintaining a disciplined approach and staying diversified can help investors if volatility returns to the markets this fall.
Imagine if you could offer your clients a “sure bet portfolio.” Would it ensure perfect investor behavior?
Volatility subsided in July as the markets shrugged off near-tem concerns regarding the economic impact of Brexit.
A tax code change made in 2010 has the potential to materially impact after-tax returns in coming years. Non-U.S. equity funds may feel the pinch the hardest.
After some challenging periods, portfolio “diversifiers” like commodities, global infrastructure and global high yield seem to be making a comeback. That’s good news for investors who stuck by global, multi-asset investing.
Following a volatile end to the second quarter, most global capital markets bounced back with strong performance in July turning all asset classes positive for the year-to-date.
A small group of U.S. companies have performed extremely well over the past 12 months (ending May 2016) and made the valuation of the overall U.S. equity market (Russell 1000® Index) more expensive. We believe that this creates stock-picking opportunities for skilled active managers.