Creating efficient access to private markets The evergreen label is broadly applied to funds that are perpetually offered and allow investors to purchase or redeem shares on a periodic basis — typically monthly or quarterly (Figure 1). Evergreen fund assets under management are estimated to be over $400 billion today.1 The emergence of evergreen funds over the last several...

Traditional bonds have seen three months of negative returns. Our chart offers a cautionary outlook on bond returns in today’s rate environment.

On Tuesday, March 23, 2021, we hosted a virtual open house for FS employees to learn more about our Employee Resource Groups (ERGs). Our growing, employee-led network of ERGs focuses on building a more diverse, welcoming and inclusive organization. Attendees learned about each group’s mission, current goals and opportunities to get involved. Our Employee Resource...

VIX averaged a historic low in 2017 and remains relatively constrained

This week’s chart looks at duration risk within the equity market and why style agnosticism may be more important than ever in such an environment.

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

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

This week’s chart finds the bulk of the S&P’s returns last year came on days when rates fell. So far, 2024 has followed a similar pattern.