Research and Commentary

FIS Group Archive | A Clear Perspective

About Global Market Outlook Reports

About Global Market Outlook Reports

Our CIO, Tina Byles Williams, publishes our market outlook on a quarterly basis, based on research that examines market conditions over a three- to six-month period. These quarterly analyses serve as key inputs to our fund construction process, which incorporates strategic tilts to the market segments we believe will outperform over a six- to 12-month time frame. For global equity portfolios, these tilts incorporate regional, sector, and capitalization strata as well as investment process and style factors. For U.S. equity portfolios, tilts include sector, capitalization strata, investment process, and/or style factors.

Our objective is to construct a portfolio of “best in class” investments with weightings consistent with our overall investment strategy.

FIS Group Global Market Outlook Reports


Xponance Diverse & Emerging Manager CEO Roundtable

Xponance Diverse & Emerging Manager CEO Roundtable

In December 2023 Tina Byles Williams, Founder, CEO and CIO of Xponance, hosted 24 CEOs from among the firm’s currently funded sub-advisors to participate in a roundtable discussion on the most pertinent challenges to emerging and diverse investment management companies.

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Market Insights Alert

Papers: FIS Group Proprietary Research


The Sweet Spot in the US Equity Markets – Part 3

The Sweet Spot in the US Equity Markets – Part 3

In the last post in this series, we update and expand on our analysis to explore the impact of rising and falling interest rates on the performance of various capitalization tranches. Finally, we now look at the performance of the “Sweet Spot” in different interest rate regimes.

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Microbes, Markets, and the Dragon

Microbes, Markets, and the Dragon

The coronavirus outbreak in China, named COVID-19 by WHO, is understandably dominating news coverage and depressing Chinese risk plays. Since 12/9/2019 when the first coronavirus case was announced from the City of Wuhan, confirmed cases have risen rapidly to over 40,000 as of this report.

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The Sweet Spot in the US Equity Markets – Part 2

The Sweet Spot in the US Equity Markets – Part 2

In our previous post, we sought to identify and quantify the investment opportunity or edge within various market capitalization segments.  We found that the top 1000 names in the Russell 2500 benchmark constitute a sweet spot across the entire Russell 3000. 

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Impacts of a Rejuvenating Workforce

Impacts of a Rejuvenating Workforce

As the secular bull market in long term treasury bonds approaches its 40th year, the consensus around falling interest rates has morphed from a shared opinion to an accepted reality.  Reputations and fortunes have been made and lost by adherents and skeptics respectively. 

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Videos And Webinars

Market Outlook and Research Webinars


Video | Reality “Trumps” the Reflation Trade

Video and Webinar | Outlook Our Q2 Market Outlook evaluates the recent retreat in risk assets, trends in global equities, the impact of a strong U.S. dollar, and continued political uncertainty under the Trump Administration. Key points include: Policy expectations...

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Video | Big Winners in the Neglected Frontier Universe

Video And Webinar | Outlook Our 2017 outlook for frontier markets, "Big Winners in the Neglected Frontier Universe", concludes that frontier markets remain attractively priced, with much lower valuations, relative to developed markets. "We remain bullish on Argentina,...

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