Global stocks (+11.0%) started off the second quarter on a positive note. All equity asset classes posted gains for the month with U.S. small cap stocks (+13.7%) leading the way. Fixed income asset classes were mainly positive with intermediate‐term bonds (+1.4%) and TIPS (+2.8%) being the strongest performers. Alternative asset classes were mixed on the […]

March experienced large swings across asset classes as markets entered the ominous beginning of the bear market. Global stocks fell (‐14.4%) as fear of the coronavirus blasted headlines. Both U.S. small value (‐26.0%) and international small value (‐19.1%) plummeted. Bonds attempted to steady markets as short‐term (+0.8%) came in positive for the month. Alternatives were […]