Services Tags: Investment Consulting

Jack Sannes Speaking at CFNEIA Professional Advisor Education Series 7/16

On Tuesday, July 16, Jack Sannes, CFA, CAIA will be speaking at a Community Foundation of Northeast Iowa’s 2024 Professional Advisor Education Series event in Cedar Falls, Iowa.

Jack will be presenting an overview of private equity and private credit investing for attendees. The Community Foundation of Northeast Iowa serves as a resource for attorneys, financial planners, CPAs, and other professionals to simplify giving for clients, recommend strategies, and help advisors connect with the community. Their quarterly series of complimentary charitable continuing education events brings together professional advisors around topics that will help to enrich their communities. For more information, please visit the CFNEIA website.

Marquette Speaking at Majority Action Webinar 6/28

On Friday, June 28, Ibrahim Rashid will be joining a webinar hosted by Majority Action entitled, “2024 Proxy Season Debrief: Analysis, Key Takeaways, and the Path Forward for Active Owners and Active Clients.”

The webinar will review the 2024 voting results on racial equity and climate, celebrate successes from key leaders, and discuss actions asset managers, investors, and fiduciaries can take to hold major asset managers and proxy advisors accountable, pushing for stronger policies and voting outcomes on these issues next year.

For more information on the event, please visit the registration page.

2024 Market Preview Video

This video is a recording of a live webinar held January 25 by Marquette’s research team analyzing 2023 across the economy and various asset classes as well as what trends and themes we’ll be monitoring in the year ahead.

Our quarterly Market Insights series examines the primary asset classes we cover for clients including the U.S. economy, fixed income, U.S. and non-U.S. equities, hedge funds, real assets, and private markets, with commentary by our research analysts and directors.

Sign up for research alerts to be invited to future webinars and notified when we publish new videos. If you have any questions, please send us an email.

Great Expectations

After ending 2023 with a steep market rally, 2024 began on a more muted note, with Fed-pivot exuberance giving way to the details of execution. Of the many opportunities and risks facing markets this year, one of the most scrutinized will likely be how the Fed’s interest rate cuts compare to market expectations.

This newsletter analyzes current expectations for interest rate movements this year and potential scenarios that could influence the Fed’s policy decisions.

Defined Contribution Plan Legislative Update – 1Q 2024

This legislative update covers proposed regulation by the Department of Labor defining “investment fiduciary,” outlines SECURE Act 2.0’s optional provision regarding student loan repayments, analyzes an increasing trend of private real estate investments within defined contribution plans, summarizes new guidance from CFA Institute defining responsible investment terminology, and reviews 2024 contribution limits from the IRS.

Marquette Speaking at Institutional Investor 2024 Private Credit Forum 5/21

On Tuesday, May 21, Marquette will be speaking at Institutional Investor’s 2024 Private Credit Forum in Chicago, “Private Credit Vintage Bubble: The Delicate Balance Between Optimism and Caution.”

Kris Katarski will be moderating a fireside chat entitled, “Trends and Opportunities in the U.S. Lower Middle-Market, Private Credit, and Private Credit Secondaries,” described as follows:  This segment will dive into alpha opportunities that exist within the U.S. Lower Middle-Market relative to private credit and private credit secondaries, expounding on elements of inefficiencies, less competition, and aging demographics, amongst others.

  • What are the current opportunities, trends, and risk considerations identified in U.S. Lower Middle-Market private credit?
  • What is the definition of the U.S. Lower Middle-Market, supply/demand influences, alpha generation potential, and market valuation comparisons?
  • How has the growth in private credit led to more credit secondary opportunities?
  • What are secondaries’ expected risk-adjusted return profiles vs. other private market asset classes?
  • Have seasoned loans in U.S. Lower Middle-Markets exhibited lower default rates than larger loans?

The Forum will delve into the nuances of the private credit sector, including the allocator sentiment, macro and regulatory factors, and sector specifics that continue to drive growth. For more information, visit the Institutional Investor event webpage.

Marquette Speaking at Chicago Finance Exchange Annual Mid-Year Economic Update 5/20

On Monday, May 20, Dave Smith, CFA and Jessica Noviskis, CFA will be speaking at the Chicago Finance Exchange (CFE) Annual Mid-Year Economic Update.

Dave and Jessica will discuss the economic outlook for the second half of 2024 and beyond at the event. Chicago Finance Exchange is a community of women leaders in finance dedicated to exchanging ideas, experiences, and expertise for the success of its members, and the betterment of our community and the global marketplace. For more information, please visit the CFE website.

We’re Not So Different, High Yield Bonds and Leveraged Loans

Late last year we authored an article detailing the growing differences between the high yield and leveraged loan markets, particularly the overall quality in the high yield market versus that of leveraged loans. Today, some of those most pronounced differences appear to be abating, which should translate to a more convergent outlook for the two markets as it relates to security, structure, recovery, covenants, and ultimately, performance. With the Fed poised to begin cutting rates in 2024, we felt it was important to address these emerging trends before the start of the new year.

Marquette Views on 2024 U.S. Equities Outlook Featured on FIN News

Published May 14, Catherine Hillier, Research Analyst, was interviewed for “Q1 2024: Small-Cap Equity Hiring Sees Uptick,” by FIN News (subscription required).

Catherine discussed the outlook for U.S. equity performance, particularly in the small-cap space in the article, which posits, “Publicly-traded large-cap companies continue to garner the attention of media and investors, but allocator interest is beginning to look down market to the small-cap sector.”

The article also referenced Catherine’s November 2023 newsletter, U.S. Equities: Surprising Strength Gives Way to Macro Risks, and commentary in Marquette’s 1Q 2024 Market Insights webinar, available to watch as a recording here.

3Q 2023 Market Insights Video

This video is a recording of a live webinar held on October 26 by Marquette’s research team, featuring in-depth analysis of the third quarter and themes we’ll be monitoring for the remainder of the year.

Our Market Insights series examines the primary asset classes we cover for clients including the U.S. economy, fixed income, U.S. and non-U.S. equities, hedge funds, real estate, infrastructure, private equity, and private credit, with presentations by our research analysts and directors.

Sign up for research alerts to be invited to future webinars and notified when we publish new videos. 
For more information, questions, or feedback, please send us an email.