In this quarter’s commentary, we:

  • Provide updates about the transition that took place with our strategies in the quarter, including our approach to solving the challenges we believe are presented by modern market dynamics.
  • Share some of the practical realities of portfolio management, including strategy evolutions (what to do when factors get crowded).
  • Pull back the curtain on what’s next up on our research agenda, and how that may impact portfolios.
  • Highlight some research that’s influencing our thinking (the reflexive impacts of access trends).
  • Review a brief market outlook (positioning and liquidity imbalances).

You can read the commentary here.