Big Funds, Small Gains: Rethinking the Endowment Playbook
uttu Despite posting a 9.6% return in fiscal 2024, large US college and university endowments once again fell short…
Investment
Rebalancing’s Hidden Cost: How Predictable Trades Cost Pension Funds Billions
Rebalancing is a fundamental strategy for maintaining portfolio diversification, but it comes with a hidden cost that can…
How Tariffs and Geopolitics Are Shaping the 2025 Global Economic Outlook
As the second quarter of 2025 approaches, the global economy advances with a mixture of resilience and unease.…
Book Review: Quantitative Risk and Portfolio Management: Theory and Practice
Quantitative Risk and Portfolio Management: Theory and Practice. 2024. Kenneth J. Winston. Cambridge University Press. The field of…
Europe Rearms: What Defense Spending Means for Markets
Europe is rearming at an unprecedented pace — and the investment implications are just beginning to unfold. After…
Social Norms Shape Investment Behavior. What Can Advisors Do About It?
As clients navigate complex markets and increasing uncertainty, financial advisors are rethinking how they guide investment behavior. Traditional…
Investing Through Uncertainty: 5 Lessons in Emotional Discipline
In times of geopolitical tension, market volatility, and economic uncertainty, emotions can become a hidden liability for investors.…
Can Generative AI Disrupt Post-Earnings Announcement Drift (PEAD)?
One of the most persistent market anomalies is the post-earnings announcement drift (PEAD) — the tendency of stock…
Small Caps vs. Large Caps: The Cycle That’s About to Turn
Despite their recent struggles, small caps aren’t dead — they’re just misunderstood. After eight consecutive years of underperformance…
Resilience Is the New Alpha: Rethinking Risk in a Fragile World
ESG investing was built for a world that mostly behaved. The idea was simple: channel capital to climate-conscious…