All Insights

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.

Our Chief Market Strategist dives into the impact of tariffs and why investors are paying attention to RICs.

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.

As the CRE market reverts toward a more normalized environment, income-centric strategies could return to favor.

Private middle market companies offer attractive growth at cheaper valuations than either large/mega-cap private firms or public equities.

Expectations for a higher-for-longer rate environment have challenged equity and core fixed income markets, as this week’s chart highlights.

We anticipate the commercial real estate market entering recovery mode in 2025, fueled by strengthening fundamentals, growing investor confidence and stabilizing interest rates.