Our most recent quarterly comments
First Quarter 2019
Most asset classes were off to the races during the first quarter as they partially recovered from a difficult end to 2018.
Fourth Quarter 2018
Various asset prices fell throughout the world during the quarter and year due to a variety of factors. As a result, more opportunities are surfacing and we have the dry powder to capitalize on them.
Third Quarter 2018
U.S. economic growth and stock markets performed well during the quarter, but non-U.S. economies and stock markets experienced more turbulence. We maintain a defensive positioning in a current environment characterized by less attractive asset prices.