Navigate Volatility. Unlock Opportunity. Active Fixed Income

A firmer Fed, flatter yield curves and sharper dispersion are reshaping global fixed income. Leon Grenyer explains why income remains compelling—but selectivity is now more important than ever. Watch this video to find out more.

Europe is undergoing its most significant economic policy shift since the creation of the euro. After decades in which economic policy prioritized fiscal restraint, globalization and market efficiency, eurozone governments are prioritizing economic security, strategic autonomy and industrial resilience. This is more than merely increased public spending. Capital is being reallocated to defense, energy and digital infrastructure, advanced manufacturing and critical technologies.

The tailwinds that supported private equity returns for much of the past decade are fading. In a market defined by higher financing costs, increased competition, the impact of AI, slower liquidity, and greater performance dispersion, we believe five capabilities may increasingly separate PE managers from the pack.