US vs Non-US: Why Diversify?

Over the past ten years US equities have outperformed their non-US peers, however history shows outperformance cycles through time. Contributing factors include differences in index compositions, narrow US leadership, and currency headwinds for non-US equities. ACG examines these contributing factors and the importance of maintaining a long-term, diversified approach.


Read More  

Rebalancing During a Time of Crisis

The Global Financial Crisis (GFC) of 2008 and the recent experience with COVID-19 both coincided with extreme market movements, resulting in questions about the optimal approach to rebalancing. Understanding the consequences of rebalancing (or not) can help drive the appropriate strategy for a particular pool of assets. ACG discusses the goals, considerations, and best practices of rebalancing during a time of crisis.
 

Read More  

Energy: Recovery or Impaired?

As consumers have stayed home amidst the Covid19 pandemic, the resulting decline in oil demand has created new challenges for a market that was arguably already oversupplied with oil. ACG examines the longer term implications, outcomes and opportunities for investors.

Read More  

Modern Monetary Theory

The decision of central banks to move to unlimited Quantitative Easing (QE) has essentially connected fiscal policy with monetary policy. As a result, the path back to “normal” may be long and winding. In this report, ACG explains the implications of rising debt, how various asset classes might be impacted, and what investors should consider when rebalancing portfolios.
 

Read More