David Hernandez Speaking at NASP Consultant and Manager Retreat 10/17
On Thursday, October 17, David Hernandez, CFA will be speaking at the sixth annual Consultant and Manager Retreat…
Read the full article >David Hernandez is the director of traditional manager search for Marquette Associates and has 15 years of investment experience. He joined Marquette in 2009 and oversees the manager due diligence and recommendation process for all traditional asset classes. David is the chair of Marquette’s traditional investment manager search committee, works with each of the asset class leads on manager due diligence coverage and priorities, and helps set the priorities and direction for the group. He is also a member of the firm’s diversity, equity, and inclusion committee, investment committee, and sustainable investing group.
David holds a B.S. in finance from DePaul University and an M.B.A. from DePaul University’s Kellstadt Graduate School of Business. He is a CFA® charterholder and a member of the CFA Institute and the CFA Society of Chicago.
On Thursday, October 17, David Hernandez, CFA will be speaking at the sixth annual Consultant and Manager Retreat…
Read the full article >Based on implied probabilities derived from options markets, investors are currently forecasting an 82% chance that the European Central Bank…
Read the full article >Is a recession coming to the U.S.? It’s a question that has been asked since 2022, as the Fed’s rapid…
Read the full article >While Chinese equities have largely languished in recent time amid robust performance of Indian stocks, it is important to note…
Read the full article >On August 2, Brazil’s central bank cut its benchmark interest rate by 50 basis points, from 13.75% to 13.25%. This…
Read the full article >On Thursday, September 21, David Hernandez, CFA will be speaking at the 2023 Diversity…
Read the full article >Over the weekend it was announced that UBS will buy beleaguered Credit Suisse for $3.2 billion after a drastic plunge…
Read the full article >2022 has been a challenging year for investors as both bonds and equities have produced substantial losses. This unusual environment…
Read the full article >2022 has been a difficult year for Chinese equities, which are now down 43% year-to-date through October. In comparison, the…
Read the full article >This video is a recording of a live webinar held July 20th by Marquette’s research team, featuring in-depth analysis of…
Read the full article >On Thursday, July 28th, David Hernandez, CFA will be speaking at the 2022 Diversity in Investments Forum hosted…
Read the full article >Just over two years ago, on March 23rd, 2020, global equities hit their COVID-19-induced bottom. At their lows, the S&P…
Read the full article >Quite simply, this has been the worst start to a year since the 1930s: One of only 19 quarters since…
Read the full article >COVID cases have been on the rise in China over the last ten weeks, surpassing February 2020 highs by 800%….
Read the full article >On Wednesday, May 18th, David Hernandez, CFA will be speaking at the 8th Annual Midwest Institutional Forum hosted…
Read the full article >On Wednesday, February 9th, David Hernandez, CFA, will be speaking at a virtual roundtable discussion organized…
Read the full article >Over the last year, the Chinese government has enacted a series of new regulations targeting several domestic industries including finance,…
Read the full article >In August we released our newsletter China: From Leader to Laggard, in which we reviewed how…
Read the full article >In 2020, China was a top performer in the global equity market, returning 29.5%. In 2021, however, Chinese equities have…
Read the full article >In 2020, China was a top performer in the global equity market, returning 29.5%. In 2021, however, Chinese equities have…
Read the full article >On Tuesday, May 18th, David Hernandez, CFA will be speaking at the 7th Annual Midwest Institutional Forum…
Read the full article >On Thursday, February 25th, David Hernandez, CFA will be speaking to the Keeley Center Academy at DePaul…
Read the full article >For U.S.-based investors, the movement of the dollar has a direct and indirect impact on emerging market equity returns. The…
Read the full article >This month marked the somber one-year anniversary of the World Health Organization declaring COVID-19 a global pandemic. In addition to…
Read the full article >As vaccine distribution continues in full force and the global economy’s recovery from the COVID pandemic gains momentum, investors are…
Read the full article >2020 was a year like no other and has left investors across the world wondering what the future looks like….
Read the full article >This video coincides with our 2021 Market Preview newsletters and provides a high-level summary of each,…
Read the full article >On Saturday, November 7th, Joe Biden was declared the winner of the presidential election and will become the 46th president…
Read the full article >This video features an in-depth analysis of the third quarter’s performance, coinciding with our 3Q Asset…
Read the full article >Over the past five years, there has been a substantial increase in assets under management (“AUM”) for ESG (environmental, social,…
Read the full article >In 2010, the emerging markets equity benchmark was all about “ME” as materials and energy constituted 28% of MSCI’s Emerging…
Read the full article >Over the last ten years, the landscape for emerging market equities (EM) has changed. In the first decade of the…
Read the full article >On Thursday, September 5, David Hernandez, CFA will be speaking at Accelerate Investors’ Chicago Investor Insights event in Chicago. David…
Read the full article >This video features an in-depth analysis of the second quarter’s performance and coincides with our 2Q Asset…
Read the full article >The second quarter of 2020 proved to be as eventful as the first, with slow economic results being largely ignored…
Read the full article >On Thursday, June 6th, David Hernandez, CFA and Nichole Roman-Bhatty, CIMA® will be presenting at the Mid-Atlantic…
Read the full article >This video features an in-depth analysis of the first quarter’s performance with a special focus looking forward from the coronavirus…
Read the full article >The S&P 500 hit its recent peak on February 19th, 2020. Just sixteen trading days later it entered bear market…
Read the full article >In just a matter of weeks, U.S. equities went from all-time highs to bear market correction territory. As of March…
Read the full article >With March officially in the books, the following is a brief summary of what has transpired in the capital markets…
Read the full article >Year-to-date, China has suffered the least among global equity markets, down 18%. In comparison, the U.S. and Eurozone have produced…
Read the full article >On Thursday, October 25, Mike Spychalski, CAIA, will be speaking at Pensions & Investments’ Global Equity Strategies: Opportunities for Long-Term…
Read the full article >The following newsletter presents our most recent guidance on the coronavirus pandemic, stimulus measures enacted across the globe, and asset…
Read the full article >Last week was a painful one for the equity markets as fears about the coronavirus drove investors out of stocks…
Read the full article >2019 was certainly a profitable year for investors as traditional and alternative asset classes delivered positive returns. As we enter…
Read the full article >This video coincides with our annual Market Preview newsletters and includes a recap of 2019’s performance and…
Read the full article >Despite poor earnings growth in 2019, global equities had a strong year, generating double-digit returns. The MSCI World Index, a…
Read the full article >The six flash talks by our research team at Marquette’s 2019 Investment Symposium on October 4th are…
Read the full article >The third quarter saw mixed results for financial markets. Economic fundamentals generally remain strong but signs of deterioration are starting…
Read the full article >On September 12th, the European Central Bank (“ECB”) — headed by departing President Mario Draghi — passed a major stimulus…
Read the full article >Live Webinar – Thursday, October 24, 2019 – 1:00-2:00 PM CT Please…
Read the full article >Overall, the second quarter was positive for financial markets, thanks to strong economic fundamentals and expected Fed stimulus. Unemployment remains…
Read the full article >Through the first half of the year, most U.S. and non-U.S. equity indices have produced double-digit returns. For example, the…
Read the full article >Global equity markets declined in May on a flurry of geopolitical news. As tensions persist, stocks are grasping to sustain…
Read the full article >An article by Marquette analysts David Hernandez and Courtney Hugger was featured as the cover story of the February 2016 edition of Benefits…
Read the full article >In 2017 the global economy underwent a synchronized move upward and investors saw equities throughout the world generate double-digit returns….
Read the full article >Heading into 2019, the primary risks facing financial markets were the trade war with China, the U.S. government shutdown, Brexit…
Read the full article >After several years of consideration, in May 2018 MSCI added a small portion of the China A-share…
Read the full article >On Monday, April 27 and Tuesday, April 28, Dave Smith, CFA and David Hernandez, CFA will moderate two…
Read the full article >Coming off a difficult 2018, investors face a litany of questions going into this year, whose potential answers will undoubtedly…
Read the full article >Political instability increased dramatically in 2018 and the Brexit looms as a major contributor to the uncertainty in 2019. The…
Read the full article >This year’s non-U.S. equity returns have been disappointing, particularly for developed small-cap, with the MSCI EAFE small-cap index down 17.6%…
Read the full article >Our 2018 Investment Symposium speakers summarize their presentations…
Read the full article >2018 Investment Symposium flash talk by David Hernandez, CFA This year,…
Read the full article >The yield on Italian 10-year government bonds has risen this year as investor concern about the country’s fiscal policies mounts….
Read the full article >After a strong 2017, emerging markets (“EM”) equities have struggled to keep pace with their U.S. counterparts in 2018. Year-to-date…
Read the full article >Late last week the European Central bank (ECB) announced an end to its quantitative easing (QE) program. Over the last…
Read the full article >On May 31, 2018 MSCI decided to add 226 China large-cap A shares to the MSCI Emerging Markets (EM) Index….
Read the full article >With Italy’s general election set for March 4th, this week’s chart examines the probability of a Euro break-up. This time…
Read the full article >Each year, investors face numerous questions that can impact their portfolios, and 2018 is no different. How will tax reform…
Read the full article >A quick recap of the 2017 Investment Symposium —…
Read the full article >Flash talk by David Hernandez, CFA, at Marquette’s 2017 Investment Symposium In this session, we…
Read the full article >This week’s Chart of the Week examines how investment opportunities in emerging markets have changed over the last seven years….
Read the full article >After several years of trailing the S&P 500, international equities are off to a strong start, returning 17.1% year-to-date through…
Read the full article >Through the end of May, the MSCI Emerging Markets Index has returned 17.3% year-to-date and 27.4% over the trailing 12-months. …
Read the full article >Through the end of January, emerging market equities are up 25.4% on a trailing 12-month basis. This asset class has…
Read the full article >Flash talk by David Hernandez, CFA at Marquette’s 2016 Investment Symposium
Read the full article >After a tough 2015, emerging market (EM) equities have rebounded nicely, returning 16% through the first three quarters of the…
Read the full article >This week’s chart examines the change in yield for global sovereign debt. While we have been in a low interest…
Read the full article >On June 23rd, the United Kingdom (UK) shocked markets with its vote to leave the European Union (EU). The Remain…
Read the full article >This week’s chart looks at polling information for the UK Referendum scheduled on June 23rd. On that day voters will…
Read the full article >Over the last five years, emerging market (“EM”) equities have struggled to keep up with their developed market (“DM”) counterparts….
Read the full article >The combination of rising high yield spreads and falling equity markets has led many investors to question if the U.S….
Read the full article >This video summarizes Marquette’s 2015 Investment Symposium on October 16, 2015, including the opening…
Read the full article >Flash talk by David Hernandez at Marquette’s 2015 Investment Symposium on international headline…
Read the full article >This week’s chart examines Markit’s Purchase Manager Index (PMI) for the manufacturing and services sectors in China. PMI serves as…
Read the full article >Impact investing is one of the fastest growing spaces in the investment marketplace — offering market-rate returns alongside social and…
Read the full article >A growing population of socially conscious investors has energized socially responsible investment (SRI) strategies in the past decade. The Forum…
Read the full article >With a history rich in theatre, Greece’s starring role in the “Grexit” drama has featured several rounds of inconclusive negotiations,…
Read the full article >In 2013, Brazil, India, Indonesia, South Africa, and Turkey were dubbed the “Fragile Five” due largely to high current account…
Read the full article >Since 2009, the S&P 500 has been on a historic run with six straight calendar years of positive performance, producing…
Read the full article >This week’s chart examines the results from the first round of the European Central Bank’s (“ECB”) targeted long-term refinancing operation…
Read the full article >This week we examine the valuation of developed non-U.S. small-cap equity (MSCI EAFE small-cap) compared to U.S. small-caps (Russell 2000)….
Read the full article >This week’s chart examines the improving financial conditions in the Eurozone’s peripheral countries. Italy, Spain, and Portugal have recently seen…
Read the full article >In an attempt to revive the long struggling Japanese economy, Prime Minister Shinzo Abe implemented his “Abenomics” strategy which included…
Read the full article >With the unemployment rate (6.6%) approaching the Fed’s forward guidance target of 6.5%, this week’s chart examines two additional labor…
Read the full article >Similar to previous years, we present our annual market preview newsletter. Each year presents new challenges to our clients, and…
Read the full article >This week’s chart depicts the challenging environment core fixed income investors faced in 2013. The ten-year Treasury rate jumped causing…
Read the full article >This week we examine when the unemployment rate may hit the Fed’s 6.5% target, courtesy of the Federal Reserve Bank…
Read the full article >This week we look at the historic net asset flows for bank loans courtesy of Morningstar’s Asset Flows report. February…
Read the full article >This week we look at the historic three year discount margin for bank loans. Bank loans provide a source of…
Read the full article >This Chart of the Week examines home builders’ expectations of the newly built single family home market measured by the…
Read the full article >This week’s chart shows the personal savings rate from January 1959 to February 2012. The average for that time period…
Read the full article >This week’s Chart of the Week examines four types of loans and their delinquency rates over the past twenty years….
Read the full article >The Fed recently completed its latest stress tests on banks. Based on the results, many banks were given the green…
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