No, we do not think it is likely that Japanese equities can meaningfully outperform in the near term, given growing headwinds from the slowing global manufacturing cycle, possible monetary tightening, and potential Japanese yen (JPY) strength. Still, we do not think investors should be intentionally underweight, as Japan may continue to benefit from structural changes […]
August 2023
On August 23, 2023, the U.S. Securities and Exchange Commission adopted the most extensive reforms for the private investment industry since the Dodd-Frank Act of 2010. The reforms include many noteworthy aspects that we, and the industry, are still reviewing closely. Below are a few key changes: Fee & Expense Transparency. The new rules require […]
August 2023
No, we continue to believe investors should hold US Treasuries in line with policy allocations. While the recent decision by Fitch Ratings to downgrade the sovereign credit rating of the United States added upward pressure on Treasury yields, we do not expect it will have a lasting impact. Looking forward, growing fiscal deficits and increased […]
August 2023
In this video, Jim Bailey, Cambridge Associates co-founder, reflects on how his upbringing led him to pioneer female diversity at a time when it wasn’t widespread in the investment industry. Today, diversity, equity and inclusion remains a core part of our culture. Currently, women represent more than 60% of our executive leadership team and more […]
August 2023
In celebration of our first 50 years, CEO David Druley remarks on the future of the firm and how we will continue to build on our legacy of helping clients achieve their long-term investment goals. When our co-founders started the firm in 1973, they had two objectives: look for ways to generate outperformance and minimize […]
August 2023
Since the early 1980s, we have been building custom portfolios to help private clients and family offices grow their wealth and continue their legacies. Drawing on deep experience and dedicated partnerships, we work with our clients to help meet their goals and preserve their private wealth. Today, our clients span the globe, with the practice […]
August 2023
On August 9, 2023, US President Biden issued an Executive Order (EO) limiting US investments in China in three technology sectors—semiconductors and microelectronics, certain artificial intelligence systems, and quantum information technologies—in 2024 and beyond. The administration narrowed the scope of the order since it was first conceptualized, choosing not to limit biotechnology and green technology […]
August 2023
Yes, the transition to a low-carbon economy is producing a myriad of productive ways to put capital to work. Considerable capital will be needed to fund the massive investment required over coming decades. Investors looking to maximize impact should invest in strategies that lean into recent policy initiatives (e.g., the Inflation Reduction Act [IRA]) and […]
August 2023