Interesting Times
“May you live in interesting times” is an English expression often attributed to be an old Chinese curse. Though no Chinese saying to this effect has ever been traced, whatever its origin, the words are certainly apropos today.
News and Research
Recent research and quarterly newsletters
Demystifying & Decomposing Global Stock Price Movements in the 2010s
Understanding the Difference in U.S. and non-U.S. Equity Performance Since the 2008 Financial Crisis
Fourth Quarter 2019 Newsletter
In the fourth quarter, markets successfully navigated events including a U.S.-China trade deal and a clearer Brexit outcome. A broad-based rally contributed to the MSCI World Net Index delivering its highest annual return within the past decade.
Global Equity Research: Which Investment Strategy Would You Choose?
When using the same monthly return series, the choice of ending month for presenting 12-month return data can make a big difference in the impression that the data makes.
Global Equity Research: Decomposing Volatility
Read our global equity research report on decomposing volatility and the relationship between cross-sectional volatiltiy and active managment