Just three months ago, it was unclear whether markets were on the brink of a deeper bear market or simply going through a typical correction. The first half of 2025 has been marked by extreme volatility, yet both year-to-date equity and fixed income returns have ended...
Given the recent market volatility, we wanted to share our quarterly investor letter earlier than usual, even as we continue to monitor and assess the evolving and unpredictable global trade policies. We understand the current volatility is unsettling, but it also...
Global markets delivered mixed results in the final quarter, but 2024 overall was a strong year, particularly in the U.S., where the S&P 500 achieved its best two-year performance since the 1990s, driven by robust economic growth and declining inflation. Although...
As we welcome the fall season, we are pleased to report that global markets continued their upward momentum in the third quarter. While there are always uncertainties—especially with the upcoming U.S. election—we remain focused on strategies built to weather the ups...
The height of summer has arrived in Princeton, and we are grateful for functioning air conditioning and the cooling economic data that has positively impacted our client portfolios, as detailed in the attached investor letter. In our letter, we discuss: • Moderating...
