November 18, 2015
Turning the calendar from one month to the next should not have any bearing on equity market performance. In reality, however, it seems that market sentiment does actually change once we move into a new month, quarter, etc.
November 05, 2015
The U.S. dollar has strengthened against most developed and emerging market currencies over the last few years and appears poised to continue on this path.
October 09, 2015
If inflation is an “always and everywhere a monetary phenomenon,” where is it today?
September 24, 2015
As asset allocators with long-term investment perspectives, our duty to investors is to constantly analyze market conditions and seek investment opportunities that have the potential to generate returns in excess of global indices
August 27, 2015
If Edge was forced to put its equity philosophy in a bucket, we would have to choose value.
December 03, 2014
Dramatic swings in the price of a high-profile, globally-traded commodity such as oil have had significant short-term impact on the prices of our favored investments in MLPs and the broad energy value chain.
August 14, 2014
Money market funds (MMFs) remain under fire as they try to maintain their role in the liquidity markets.
July 29, 2014
We thought it timely to revisit our thoughtful white paper – Hard Times, Easy Money, & Sleeping Well – that we published exactly two years ago to summarize our forward looking views and provide for additional summer reading.
March 07, 2014
As emerging markets continue to develop their capital markets, foreign capital available for investment and economic growth has significantly increased.
September 07, 2011
There is a lot going on today and below are some thoughts we have on global macroeconomics and financial markets generally. Our focus will be on expressing our opinions in the discussion but will touch on some high level datapoints. We will avoid recounting the litany of data that has come out in recent months and weeks.
July 05, 2011
Europe’s structural challenges mean the region faces a prolonged period of poor economic growth. Despite the generally unfavorable outlook, however, we must be mindful that there are niche opportunities to generate attractive returns.
June 01, 2011
Challenges create financial market opportunities and our responsibility as investment advisors is to determine if the opportunities can be monetized and if so, how.
October 05, 2010
Last month our Research Team traveled to London, New York, Boston, Dallas, Los Angeles, and San Francisco to visit current and prospective investment managers. These managers invest in fixed income, equities and real assets in both long-short and long-only strategies. During our meetings we discussed the outlook for these asset classes in light of the economy, public policy, and financial regulation.
June 01, 2010
Over the last two years our Research Team has visited Brazil, Russia and China in order to gain a better understanding of the opportunities and risks these markets offer our clients. These economies, which together with India form the “BRIC” group of emerging markets, are increasingly important to global economic growth.
March 01, 2010
As investors have sought assets capable of generating both yield and growth, Master Limited Partnership (MLPs) have attracted significant investor interest recently.
October 13, 2008
The oldest and most sophisticated investors feel the current bear market most resembles the 1973-1974 Bear Market. What are the implications?
August 01, 2008
We further illustrate our process in using knowledge and experience to manage portfolios for our clients. The points are an addendum to the views we explained more fully in the Yale Endowment White Paper (July 2007).
July 01, 2007
The Yale Endowment is arguably the most successful investment institution with a 17.2% annualized return from 1986 – 2006. Should wealthy taxable investors replicate their endowment investment approach?