Thought Leadership

As of the first two months of 2024, market participation of the S&P 500 constituents has increased from last year’s 30-year lows. As shown in the chart, …

The S&P 500 began a new all-time high price cycle¹ on January 19, 2024, and as of February 23 had posted 13 new all-time highs during 25 …

Glenmede Investment Management Appoints Scott J. Kearney as Director of Global Distribution Philadelphia, PA — February 27, 2024 — Glenmede Investment Management (GIM), an independently owned boutique …

We have repeatedly discussed the increase in market concentration¹ for U.S. large cap stocks and the potential concentration risk for investors in large cap passive strategies. The …

We are seeing unprecedented market concentration in broad-based indices.

Beyond the Surface: Peripheral Impacts of a Higher Cost of Capital on Small Cap Markets In our October 2020 paper “Why Profitability Matters: Positive Versus Negative Earnings,” …

Instead of debating the likelihood of a recession, we compare the behavior of the yield curve during the “un-inversion.”

We are seeing unprecedented market concentration in broad-based indices.

Market cap-weighted index funds reflect several risks to the investor. An experienced active manager can effectively reduce some of these risks with quantitative tools, a valuation discipline, fundamental research, and portfolio optimization techniques.

What’s Wrong With This Picture? The Fed’s dot plot is again causing a stir as investors try to glean wisdom about the long-term trajectory of interest rates. …