PHILADELPHIA, PA – FIS Group and its wholly owned subsidiary, Piedmont Investment Advisors, announced today that, effective April 1, 2020, they are rebranding into a newly formed combined corporate entity, Xponance. The company has $9.5 billion* in assets under management, remains 100% employee owned, and maintains the existing ownership structure…
We are in strange and scary times. We are at war with a virus which is all the more deadly in that it cannot be easily discerned but it is metastasizing geometrically. Moreover, COVID-19 and the measures required to contain…
While the U.S. continued its decade-long run, surging ahead another +31% in 2019 to lead all major developed markets (except Switzerland, +32.5%), three emerging markets did even better last year. Taiwan gained +36% as investors reevaluated the “moat” of its market champion, …
During the second half of 2019, the late cycle bull market for financial risk assets sprinted to the finish line despite lackluster global growth. Global markets ended the year on a bullish note, with the U.S. S&P 500 climbing to another record close.