Navigating today’s fast-moving markets
Below you will find some of the best thought leadership we read in June. This diverse selection touches on everything, from ETFs, U.S. equities, and private markets, to the Chinese economy, global aging, and the changing energy sector landscape.
Private Markets Outlook: Driving Success in Volatile Environments (State Street)
Private markets are evolving quickly. This report explores the developments underpinning this transformation.
Opportunities to Finance Reduced Emissions in EMs (Morningstar Indexes)
Financing decarbonization efforts in EMs is a meaningful way to achieve real impact because these economies are anticipated to be the largest source of emissions growth.
Small- and Mid-Size Nonprofits’ Big Investment Challenges (Fidelity Investments)
For compliance reasons, this paper is only accessible in the United States
The ability of investment performance to support spending policies is critical to endowment and foundations successfully meeting their goals.
ETF Industry Trends: Balancing Risk and Opportunity (Vanguard)
For compliance reasons, this paper is only accessible in the United States
The question of whether client portfolios are overallocated to high-flying growth stocks continues to loom large, even with the recent pullback in equities.
ETFs in Insurance General Accounts 2025 (S&P Dow Jones Indices)
As of year-end 2024, U.S. insurers invested $39.3 billion in ETFs, an increase of $4.9 billion from 2023.
A View from China on the U.S. Trade Competition (PGIM Fixed Income)
China’s significant trade surplus with the U.S. and its outsized role in global manufacturing value chains has placed it at the center of U.S. tariff initiatives.
The Path to 2075 — The Positive Story of Global Aging (Goldman Sachs)
The global population is aging, driven by a combination of increased longevity and declining fertility. However, the future is not all gloom and doom.
The Risks of Passive Investing Dominance (Research Affiliates)
Passive capitalization-weighted index funds now surpass active management in aggregate investor allocations. What does this mean for the financial sector?
Ten Challenges Facing China’s Economy (Bruegel)
According to Chinese policymakers, the economic outlook is positive, despite the trade war ignited by President Donald Trump, and China’s growth target has been kept at 5%.
June Monthly: A Blockbuster Plot Worth Following (ING)
The shift in OPEC+ policy suggests that oil prices will come under pressure towards the end of the year.
Lazard’s 2025 LCOE+ (Lazard AM)
Lazard’s Levelized Cost of Energy+ is a widely cited, annual analysis that provides insights into the cost competitiveness of various energy generation technologies.
Hedge Fund Monitor Shows Repo Reversal (OFR)
Repo borrowing is a key source of leverage for hedge funds. In these secured borrowing transactions, hedge funds borrow cash by posting securities.