Beta First, Alpha Second

View Newsletter Emboldened by dramatic monetary and fiscal stimulus, global equities rebounded strongly in the second quarter on hopes of a V-shaped economic recovery. Despite lingering economic worries, the S&P 500’s 20.1% surge was the biggest quarterly gain since 1998, while MSCI Emerging Markets’ 18.1% jump was its largest since 2009. However, neither fully recovered […]

Breaking Bad: Better Call Hedge Funds?

In today’s uncertain environment, Callan examined how hedge funds are positioned to potentially help investors. We see four key opportunities…