Equities end 2012 on a positive note


Key Points

  • Global equities registered positive gains for the year, though fiscal cliff concerns led U.S. markets to a slight loss in the fourth quarter
  • Within fixed-income, the low-interestrate environment increased the appeal of riskier, high-yield bonds
  • Our portfolio managers continue to focus on high-quality companies positioned to take advantage of changing market dynamics
  • Despite near-term uncertainties, certain growth trends offer opportunities to long-term investors

Quarterly Commentary

Q3 2014

Click here to read the Fall 2014 issue of Quarterly Insights which details our recent research into the long-term investment impact of geopolitical conflicts, discusses why interest rates may stay low for longer than many expect, and shows why technology might be making you smarter than you think.