The dominance of the U.S. stock market relative to other equity markets over the past 15 years can be an enigma for any investors who were taught to believe in international diversification.

Our Investment Funds Group reviews the evolution of the continuation vehicle market and previews the unpredictable year awaiting the secondary market.

The innovation is evident in how capital-efficient and hedged-equity ETF strategies manage market downturns ... This shift represents a broader evolution in active management, as firms move ...