Our talented team of investment professionals regularly creates and distributes educational materials delivering timely data, perspectives, and insight on the markets and related topics.
FEG Updates on the 2023 Banking Crisis
As events are quickly evolving, we will continue to provide updates with information related to the impact on markets and the unfolding banking crisis.
Research Review: February 2023
Following a notably strong start to the 2023 calendar year with broad-based gains generated across the major global asset classes and categories in January, financial market performance in February left much to be desired, as equities, bonds, and real assets posted overwhelmingly negative performance amid a steepening in the near-term implied Federal Reserve (Fed) policy path.
Fourth Quarter 2022 Private Capital Quarterly Review
Major League Baseball spring training kicks off in a few weeks, where players will report to camp and be considered for key roles on baseball teams. One valuable role managers will seek to fill is the utility player. In baseball, a utility player is able to play several positions well despite not having a strong enough skillset to be a starter. The utility player is crucial to and helps form the foundation of a successful team. They give starters a break, fill in when players are injured, and offer crucial defense in late innings.
Research Review: January 2023
The positive performance momentum that developed across many global asset classes and categories in the fourth quarter of 2022 carried over into the first month of 2023, with investors embracing the potential for a Federal Reserve (Fed) soft landing amid cooling inflation, an economic rebound in the second half of 2022, and an ongoing robust labor market.
FEG Insight: Fixed Income 2023 Outlook
FEG’s 2022 Fixed Income Market Outlook took readers on a stroll down memory lane and concluded that heading into 2022, only “pork and beans” returns would be available to fixed income investors. Looking at 2023, FEG continues to see downside risk to the markets as economic conditions move toward recession. Read this year's Fixed Income Outlook to see what we find attractive and recommend for the year ahead.
FEG Update on Vatican Investment Guidelines
The U.S. Conference of Catholic Bishops (USCCB) approved an expanded version of the existing socially responsible investment guidelines during their November 2021 General Assembly. The changes to the USCCB’s responsive investing guidelines are considerable and will have meaningful implications going forward as Catholic investors seek to align their investments with the most recent teachings of the Catholic Church.
Research Review: Q4 2022
Despite a strong rebound in the first two-thirds of the final quarter of 2022, during which most major asset classes and categories enjoyed positive performance, December saw a return to the same weakness that global asset allocators had endured throughout much of the first three quarters of 2022.
Research Review: November 2022
Following October’s robust start to the fourth quarter, performance across the financial markets in November appeared notably strong, underpinned by the growing narrative of a Federal Reserve (Fed) “pause” in tightening over the near-term horizon amid evidence of cooling inflation.
FEG Insight: Navigating the OCIO Landscape
The outsourced chief investment officer (OCIO) investment model, with several notable advantages, continues to attract a growing number of institutional and nonprofit organizations. In this comprehensive guide, we provide key points from an insider’s perspective to help institutional investors evaluate OCIO providers.
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Market Commentary: Fourth Quarter 2022
The final quarter of 2022 brought relief to global investors, as most major asset classes and categories witnessed positive returns, a stark contrast to the full calendar year experience. Evidence of a potential peak in multi-decade high inflation surfaced in the fourth quarter, with reported figures slightly lower than consensus estimates in both October and November, as well as growing fundamental signs the “ingredients” of inflation have turned down. Related market reactions, including a slight reduction in the implied Federal Reserve (Fed) policy path, moderating interest rates, a cooling U.S. dollar (USD), and relative outperformance from international equities helped support risk-taking sentiment during the quarter. Moreover, growing sentiment surrounding a potential relaxation of China’s zero-COVID policies and associated expectations for a revival of economic activity within the region buoyed investor risk appetites during the quarter.