Explore quality and timely perspectives from global institutions
Below, you’ll find a selection of the highest quality insight from top asset managers and institutions from around the world that you might have missed this week.
Data Update 2 for 2025: The Party Continued (for U.S. Equities) (Aswath Damodaran)
This post zeroes in on U.S. equities, in the aggregate, first by looking at month-by-month returns during 2024, and then putting their performance in the last two years in a historical context.
From Mines to Markets: Metals of the Future in 2025 (William Blair)
The global energy transition and rising demand for base metals such as copper and aluminum are creating opportunities for emerging markets debt investors. However, potential challenges from a second Trump administration could pose risks.
What Matters for Markets in 2025 (State Street)
State Street CEO Ron O’Hanley discusses the risks and opportunities in macroeconomics and financial markets in 2025, and what they mean for State Street, with host Tim Graf.
The Aristotle List: 10 Improbable But Possible Outcomes for 2025 (Invesco)
For compliance reasons, this paper is only accessible in certain geographies
Each year, in his Aristotle list, Paul Jackson seeks those, unlikely possibilities—out-of-consensus ideas for 2025.
‘Trumponomics’, Rising Bond Yields and Stock Prices (BNP Paribas AM)
U.S. stock markets surged by more than 23% in 2024 as fears of a U.S. recession gave way to anticipation of President Donald Trump’s pro-market policies (dubbed ‘Trumponomics’).
Can AI Predict the Future? (Wharton School)
Decision-makers have long relied on the “wisdom of the crowd” — the idea that combining many people’s judgments often leads to better predictions than any individual’s guess. But what if the crowd isn’t human?
Agentic AI: Finance & the ‘Do It For Me’ Economy (Citi GPS)
Agentic AI effectively turbocharges the Do It For Me economy. In financial services, users will have their own bots or AI agents helping them choose products and execute transactions. Competition will tick-up as startups grow.
2025 Fixed Income Default Study, Report (UBS AM)
An examination of UBS’ bottom-up default outlook and total return forecasts for 2025
Redefining Equity Market Portfolios with Venture Capital (Morningstar Indexes)
Venture capital, as an asset class, is now more relevant than ever, providing an expanded investment landscape that allows for greater diversification and access to high-growth opportunities.
