Tag Archives: institutional investor
The Significance of Select Sectors to APAC
As investors across the globe have wrestled with the impact of AI on the U.S. tech sector, valuation concerns, inflation jitters and more, U.S. markets have underperformed their Pan Asian peers. The S&P 500® has trailed the S&P Pan Asia BMI by 8% YTD,1 however the tide may be turning. Thanks to optimism surrounding easing…
- Categories Equities
- Other Tags
- Categories
- Equities
- Other Tags
2025: A Market for Stock Pickers in France?
Despite a strong year for global equities in 2025, most active funds in Europe struggled to outperform their benchmarks. According to the latest SPIVA® Europe Year-End 2025 Scorecard, 81.8% of active equity funds lagged their benchmarks over the past year, rising to 97.0% over the 10-year period.1 The France Equity fund category offered a notable…
- Categories Equities
- Other Tags
- Categories
- Equities
- Other Tags
Leveraged Loan Market Snapshot
Amid growing uncertainty, small market shifts can have large impacts on companies with lower credit ratings like those found in the S&P USD Select Leveraged Loan Index. This index measures the performance of a liquid and diversified universe of USD‑denominated leveraged loans by tracking all fully funded term loans with a minimum facility size of…
- Categories Fixed Income
- Other Tags
- Categories
- Fixed Income
- Other Tags
Measuring Direct Lending: Building Transparency in Private Credit Markets
Direct Lending Has Become a Core Segment of Private Credit Private credit has expanded in recent years, with the market reaching an estimated USD 2.28 trillion at year-end 2025 and projected to grow to approximately USD 4.5 trillion by 2030.1 Within this expansion, direct lending has emerged as the dominant strategy, reshaping how companies access…
- Categories Fixed Income
- Other Tags
The Takaichi Trade: How Dispersion Shaped Japanese Active Funds’ Fortunes
Amid a strong year for global equities in 2025, the latest SPIVA® Japan Scorecard showed that most active funds in Japan struggled to outperform their assigned benchmarks. An interesting finding in the report was the striking difference in relative performance between actively managed Japanese Large-Cap funds and Japanese Mid-/Small-Cap funds. Just 49% of Japanese Large-Cap…
- Categories Equities
- Other Tags
Unicorns at the Gate: How Mega IPOs Could Reshape Global and Thematic Indices
Big unicorns are outside the door waiting to join the public markets party. Recently, it has been reported that SpaceX,1 OpenAI2 and Anthropic3 are preparing for their initial public offering (IPO) in the near future. This has drawn attention not just for the size of these firms but for the impact they would have on…
Spot the Difference
From a U.S. equities perspective, the first month of 2026 started on a different trajectory compared to years past. S&P 500® performance trailed much of the rest of the world (as measured by the S&P World Ex-U.S. Index), and within the U.S., the performance of the S&P 500 Information Technology (“U.S. Tech”) ranked in the…
- Categories Equities
- Other Tags
Exploring an Index-Based Path to Leveraged Loans
What’s the role of indices in the fast-growing leveraged loans market? S&P DJI’s Frans Scheepers and State Street Investment Management’s Marcel Benjamin explore how indexing works for leveraged loans and take a closer look at the S&P USD Select Leveraged Loan Index.
- Categories Fixed Income
- Other Tags
- Categories
- Fixed Income
- Other Tags
Fashionably Late Cycle: The S&P 500 Market Leaders Index
The late-cycle economy is defined as the final phase of the macroeconomic cycle when economic activity hits its peak. The period is characterized by high but slowing growth, rising inflation that may affect profit generation, a tight labor market and volatility in interest rates. Given these conditions, many market participants are considering how best to…
- Categories Factors
- Other Tags
- Categories
- Factors
- Other Tags
Cautioning the Clairvoyant
December is typically when we hear Wall Street strategists announce their forecasts for the S&P 500® for the year ahead, and this year has been no exception: 2026 forecasts have ranged from a relatively bearish 7,100 from Bank of America to a bullish 8,000 from Deutsche Bank. But how accurate have these forecasts been in…
- Categories Equities, S&P 500 & DJIA
- Other Tags
- Categories
- Equities, S&P 500 & DJIA
- Other Tags