Portfolio concentration in the top 10 holdings has risen from roughly 8% in 2017 to nearly 20% today, with single-name positions like Apple, Microsoft, and Nvidia exceeding combined country…

The number of US listed companies has fallen from nearly 7,000 to 4,500 over 20 years while private companies grew from 2,000 to over 11,000, concentrating public market exposure in fewer m…

Nvidia's value surge came from extraordinary earnings growth fueled by massive AI chip demand, not valuation multiple expansion, signaling fundamental demand strength in AI compute infrastr…

Robot taxi services already widely available in San Francisco and LA could scale massively, tapping into the enormous transportation industry and creating huge opportunities for companies w…

Local managers in Mumbai and Delhi generated excess returns by avoiding expensive small caps and focusing on large quality companies, benefiting from India's 40-year growth resilience, youn…

Government bonds delivered flat or negative returns in 2024 even as the Fed cut rates 100bp, with 10-year yields rising — an unusual cutting-cycle dynamic driven by sticky inflation, resili…

Gradual return-to-office trends are benefiting high-quality office buildings in prime locations, while logistics properties continue to thrive on e-commerce and supply chain shifts, creatin…

Publicly traded real estate exposure to data centers and senior housing remained strong throughout 2024, offsetting office weakness and driving portfolio recovery in the listed real estate…

Rising interest rates and unmet growth expectations caused a difficult year for renewable infrastructure valuations despite record 600+ GW capacity additions, allowing the fund to deploy it…