Small caps have enjoyed a structural size premium (Chart 1 and Chart 2). Moreover, we have long maintained that high active share strategies are best deployed in less efficient market segments such as…
Widespread social distancing has been akin to emergency sedation of global economic activity while the extensive fiscal and monetary stimulus has provided life support.
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, …