The real test of the government's pandemic response lies in its next grand effort to drive growth to higher sustainable levels.
Impact investing may seem ready for prime time, but large institutional investors' limited participation remains an obstacle.
Investors should diversify their portfolios in three key dimensions: risk factors, market regimes and time horizons.
COVID-19 has impacted economies and populations globally, but it's also presented selective investment opportunities in real estate debt.
Ultra-low rates have pushed institutional allocators into real estate and levered loans. The better option may be high-yield bonds.
The 2021 investment landscape provides an opportunity to reach target returns outside of the traditional 60/40 portfolio allocation.
We may be at the end of a long U.S. dollar bull run, which could benefit emerging markets.
The pandemic has highlighted the diversification benefit of social and affordable housing, whose underlying revenues have proven robust.
As investors, we expect greater transparency from companies regarding their rationale supporting climate-related lobbying activities.
Revamping pension policy by consolidating regulatory and congressional governance is a good starting point for the U.S. retirement system.
Lower rates of return on financial assets mean that Americans saving for retirement will have to save more — a highly unlikely scenario.
It is increasingly apparent that a return to normalcy and in-person site visits could take much longer than anticipated.
Under a new president, Congress should build on its prior work and make 401(k) and other defined contribution plans more like real pensions.
Private equity firms that understand withdrawal liability and how to mitigate associated risks face less competition in the marketplace.
The most effective tail-risk strategies provide a highly convex payoff profile with respect to the downside equity exposure of the fund.
Implementing a well-diversified portfolio to weatherproof against market shocks is more difficult than widely assumed.
Real manager diversity will only occur when allocators employ more defensible criteria and demand the same from their consultants.
Reducing costs is a primary goal for all managers, and technology can help with evolving regulations that make it harder to achieve.
Sector demand fundamentals and silver linings resulting from COVID-19 provide a compelling case for investing in senior housing.
Unprecedented stimulus has prompted a debate about whether the COVID-19 crisis will lead to deflation or spark inflation.
With continued low interest rates, investors' allocations to private credit will continue to increase at the expense of public markets.
A key opportunity for investors to combat the effects of the coronavirus pandemic exists through investing in social infrastructure.
Even with consumer consumption habits changing amid global lockdown measures around the world, farmland returns are not expected to alter significantly.
Despite differences between the current situation and circumstances that influenced previous downturns, lessons can be drawn from history.