Knowledge Base
International markets, emerging economies, cross-border investment dynamics, and the global forces that affect diversified portfolios.
43 articles in this category — page 1 of 4
The Federal Reserve's 2022–2024 tightening cycle delivered 525 basis points of rate hikes across 11 increases, bringing the federal funds target range to 5.25–5.50% by July 2023. That is the highest level since 2001. For anyone managing a portfolio north of $5M, higher for longer interest rates are
The interest rate corridor is the structural framework central banks use to keep overnight lending rates from drifting away from their policy targets. It sets a ceiling (the rate at which banks can borrow from the central bank) and a floor (the rate banks earn on reserves parked at the central bank)
Treasury yields and interest rates move together, diverge unexpectedly, and collectively price every fixed-income asset in your portfolio. Understanding the distinction between them is not academic. For a $5M+ portfolio with meaningful fixed-income exposure, a 100 basis point yield move can translat
Paul Volcker's Federal Reserve pushed the effective federal funds rate to approximately 19-20% in June 1981, the highest level in modern U.S. history. That single data point reshaped four decades of monetary policy, rewrote the rules for fixed-income investing, and created one of the most instructiv
The Federal Reserve sets the federal funds rate. Full stop. But that single sentence obscures a more useful truth: the rate the Fed controls directly is an overnight interbank lending rate, and the rates that actually govern your jumbo mortgage, commercial real estate loan, or bond ladder are set by
The repo interest rate is the cost of short-term collateralized borrowing, where one party sells securities and agrees to repurchase them at a higher price. According to SIFMA, the U.S. repo market averages over $4 trillion in daily outstanding volume. That number alone tells you this is not a niche
Private equity in Dubai has moved well past "emerging market curiosity" status. The DIFC now hosts over 600 registered financial firms, Gulf sovereign wealth funds collectively manage more than $3 trillion in assets, and institutional-grade MENA-focused funds are drawing LP commitments from some of
Private equity in Brazil offers some of the most asymmetric return potential in any emerging market, but the math only works if you understand the BRL-to-USD translation problem, the FIP structure, and the political risk signals that most generic market overviews skip entirely. This is not a market
Fort Washington private equity sits inside a structure most independent managers cannot replicate. Fort Washington Investment Advisors is a wholly owned subsidiary of Western & Southern Financial Group, a Cincinnati-based mutual holding company. That parent relationship matters for due diligence: We
Late-stage private equity targets companies that have already won their core market battles: real revenue, proven unit economics, and management teams that have navigated at least one business cycle. The investment thesis is not "will this work?" but "how much further can this go, and what does it t
UBS private equity gives qualified investors access to buyouts, growth capital, venture, secondaries, and fund-of-funds strategies through its Global Wealth Management platform. The real question is whether the access, fees, and illiquidity profile make sense for a $5M to $20M portfolio, and the ans
NBA private equity has moved from a novelty to a serious alternative asset class in under five years. Average franchise values surpassed $4 billion in 2024 according to Forbes, and Sportico data shows NBA teams have appreciated at more than 20% annually over the past five years, outpacing the S&P 50