All Insights

Our Chief Market Strategist looks at what trade policy may mean for public equities and how investors can respond.

98% of lower middle market loans issued in 2024 included a covenant compared to just 10% for syndicated loans.

Outward metrics show resilience; inward sentiment tells a different story. Market volatility is likely to persist until the understanding of government policy impact is better refined.

The announced tariffs were much larger than expected. Where can investors find a respite from trade disruption?

The private U.S. middle market may represent a compelling opportunity as companies in this sector face less disruption from global supply chains.

In this research note, we address four essential questions on tariffs for investors, representing our latest insights into the situation. We run through the stated goals of tariff policy, possible economic effects and the investment impact for various asset classes.

Our Investment Research team compiled their best charts and latest market analysis across macroeconomics, public markets and private market strategies to help our clients map today’s markets.

Andrew Beckman, Portfolio Manager and Head of Global Credit, joins The Takeaway for a deep dive on what differentiates his approach to credit.

Private credit has traditionally offered a yield premium over public credit markets. It has widened meaningfully today. Spreads tell a similar story.

Individual and professional investors have grown notably more bearish in February. The U.S. middle market may represent a reason to be bullish.

While higher interest rates have challenged the private equity exit environment, middle market investors have experienced much less disruption.

After scaling a wall of worry, public markets now appear priced for perfection. But lofty valuations and policy uncertainty pose risks.