How a disciplined, indicator-driven phase framework turns the business cycle into a repeatable lens for asset, factor, and sector positioning.
Global EquityWhy China has grown distinctive enough to warrant a standalone allocation, and how decoupling it from the rest of EM lets investors size two very different return streams on their own merits.
Portfolio ConstructionA simulation-based framework for stress-testing endowments and foundations that hold large illiquid allocations — and the design choices that keep a spending program solvent through a downturn.
Sustainable InvestingWhy most ESG data disagrees with itself, and how a materiality-first, multi-source scoring framework aims to make sustainability data transparent, comparable, and financially relevant.
Investment StrategyReframing a tired binary as a continuum of decisions — and a practical framework for gauging when the market environment actually rewards active management.
Portfolio ConstructionStacking active managers feels prudent, but it can quietly diversify away the very active risk you’re paying for — leaving an index-like portfolio carrying active-management fees.