• Weekly Research Briefing: So Close

    June 29, 2020

    Miami beaches, Texas taverns and the LA bar scene all shuddered for the long holiday weekend. We almost made it to a wider opening for the Fourth of July. But science doesn’t sleep and it never takes holidays. We knew that the reopenings could lead to COVID spikes and business disruptions and this one sure did at a terrible time. Is there a silver lining in this new surge of case growth? Yes.

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  • The New Core Allocation:
    Long/Short Equity

    Core Allocation Long Short Equity

    With uncertain equity markets, the potential for subdued-to-negative economic growth looming, and a bleak outlook for fixed income, advisors are challenged to rethink foundational portfolio elements of investor portfolios—which means seeking out strategies that bolster the core going forward.

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  • Defining Alpha...It's Skill Not Excess Return

    Alpha vs Excess Return

    Alpha may be a common investment term, but it remains commonly misunderstood. Market observers often define alpha simply as a fund’s outperformance relative to a benchmark. This misconception is not only incorrect, but ignores what alpha truly identifies: manager skill.

     

     

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