Research Note - September 2016

August 29, 2016 | Market Commentary

Once again equity markets have demonstrated their ability to bounce back from a flare up in volatility. The market shock from the unexpected victory for the “Leave” camp in the United Kingdom’s referendum on membership in the European Union has faded, and the VIX is once again near multi-year lows.

Focusing on Long-Term Return Objectives in a Low Return World

January 22, 2016 | Active Management

Assumptions about future returns are made every day by a wide variety of investors. Defined benefit pension plans rely on return assumptions to calculate funding status and necessary contributions while individual investors use them as a guide to determine if they are properly saving for retirement.

The Impact of QE on European Financial Markets

March 30, 2015 | International Markets

On March 9, the European Central Bank began a long-awaited Quantitative Easing program whose principal mission is to reverse the very sharp drop in measures of actual inflation as well as future inflation expectations in the Eurozone member economies.