Private Markets in Portfolio Construction
Evaluate private-market opportunities alongside public assets through a unified framework for liquidity, risk, return, and diversification.
Private Equity & Sports: The Barbarians Are At The Tailgate
It is that time of year again for our annual Private Equity & Sports report. This year, we examine private capital's entry into college sports. Athletic departments generate significant revenue, but m…
Stop Buying Real Assets For Diversification Alone
Real Assets remain underweight in investor portfolios, a gap the 2020s bond bear market has exposed. We provide specifics on constructing a portfolio that supplies more than diversification, it delive…
What's Actually New About The Total Portfolio Approach
High-profile adoptions of the Total Portfolio Approach (TPA) and the often-cited outperformance of TPA funds have generated FOMO among funds following an SAA framework. Buzzwords and vague rulesets fr…
India: Time To Upgrade, Public And Private Markets
BCA's CoreMacro and Portfolio Construction teams combine two distinct but intersecting lenses to revisit a once heralded opportunity: India. We upgrade India across both public and private markets, bu…
Private Credit’s Doomsday
Today's concerns about Private Credit are overstated. We provide our three-criteria framework that investors can use to track Private Credit's doomsday risk. Systemic crises build over years and decad…
Quarterly TAA: Back From The Dead – Overweight Private Equity
Beginning with this Quarterly report, The Global Asset Allocation and Private Markets teams are combining our quarterly outlooks into a single, unified framework, reflecting a more integrated approach…
