Private Markets in Portfolio Construction
Evaluate private-market opportunities alongside public assets through a unified framework for liquidity, risk, return, and diversification.
Quarterly TAA: Picking Up $20 Bills In Front Of The Steamroller
Higher rates have changed the opportunity set. Overweight High-Yield Credit, both within asset allocation and versus Private Credit. Investors are no longer picking up pennies in front of a steamrolle…
The Data Center Debt Scare Is Overblown
Nerves are rising around Data Center financing but most of the fear comes from GPU financing. GPUs are not Data Centers. Data Center collateral is solid, and so are the tenants.
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…
