Insights

In this report, we present our performance review of the BCA Research Global Fixed Income Strategy (GFIS) model bond portfolio for the Q2/2023, and the outlook and scenario analysis for the next six months. The portfolio return exactly matched that of the benchmark index during the quarter, as modes...

We see challenges ahead for Global Buyout across geographies as valuations need further resetting. While we are concerned with capital controls and flight risk in Asia-Pacific Venture Capital, the upside potential from AI may be worth a look. The current entry point for Private Credit is opportune a...

Banks mostly surprised with earnings beats for Q2-2023, lifting broad and regional bank stocks alike. Despite prevailing macro headwinds, banks are cheap and oversold, supported by better-than-expected earnings. A broadening of the rally supports further upside to the industry. Move to overweight ba...

Although not our base case, there is a path for the US economy to avoid a recession over the next few years. We see the risks to stocks as tilted to the upside in the near term but to the downside over a 12-month horizon. ...

In this report, we evaluate the breakdown in the dollar and next moves in the DXY, based on fundamentals, historical precedents, and technical patterns over the last few years. ...

While excellent state & local government balance sheet health will remain a tailwind for muni returns, poor valuation prompts us to downgrade the sector from overweight to neutral. ...

In this report, we evaluate the breakdown in the dollar and next moves in the DXY, based on fundamentals, historical precedents, and technical patterns over the last few years. ...

Cybersecurity costs continue to climb, which compels companies and governments alike to increase spending on cybersecurity to bolster digital protection. This will boost sales of companies in the cybersecurity ecosystem. While performance of the cybersecurity cohort may be volatile over a short inve...

Spain is holding a general election this Sunday and the country is likely to veer to the right. Will this shift threaten European unity and herald a new period of tensions in the Eurozone? ...

The looming risk of an economic downturn, geopolitical risk and inconsistent government policy are feeding commodity markets with volatility, additional to the market specific uncertainty-generating factors. Amidst heightened event-based uncertainty and a possible general economic deterioration, inv...