Research
Howard Marks: A ‘Sea Change’ Has Come to Investing
Risk aversion and higher rates are now embedded features, which has big implications, the celebrated investor says.
Anton Orlich, appointed last month as managing director for growth and innovation, will lead the combined unit.
A conservative strategy proved effective in mitigating losses in a tough market.
Private equity, hedge funds and high-yield bonds are promising investments for the future, Northern Trust Asset Management advises.
Venture capital and private equity boosted their valuations mightily in the past 20 years.
Private debt fundraising has stagnated in the first half of 2022 amid an economic backdrop of rising rates, and a slowdown of global growth.