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Equity markets have been telling the wrong story

Falling yields, a perfect storm of policy uncertainty and the looming economic slowdown mean investors should prepare for higher volatility.

Equity markets and the global reflation trade

What reflation is, how it has historically been manifested, and what it means for today’s equity markets.

The calm before the (next) storm?

Options markets suggest investors shouldn’t forget about defensive investments.

Equity market returns: What got us here won’t get us there

What will returns from a diversified portfolio of stocks look like going forward?

Equities sail into late-cycle headwinds

The end of 2018 may not have been a temporary rough patch for traditional equity investments, but the beginning of what could be a more extended period of challenged profits and heightened volatility.

Enrico Gaglioti

Enrico Gaglioti serves as Co-President of FS Investments where he leads the firm’s global distribution teams and shares oversight of firm strategy and capital markets. FS Investments manages $80+ billion of AUM in alternative assets and private markets. Mr. Gaglioti has over 30 years of experience in the financial services industry, including product and business...

Energy market commentary: September 2021

The global energy supply crunch could portend future energy market volatility.

Energy market commentary: September 2020

Broad equity and credit markets pulled back in September, and energy markets followed suit.

Energy market commentary: September 2018

Upstream and integrated oil companies bounced back in September while midstream performance was negative. Risks in Colorado weighed on midstream sentiment. Retail investors are increasingly using funds to access the energy infrastructure space.
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