Last week, America's pre-birthday physical came back mixed. The labor market remains robust and spending is up. The number nobody wants elevated is inflation, which reached a three-year high. Factory orders are the bruise that looks worse than it is; blame aircraft.

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Dividend yield reflects what a company paid; price-to-book what it owns. Neither captures what it can do next.

Government-backed mortgage bonds have outperformed during some of the market’s worst quarters. Here’s how they work and what their track record has historically meant for investors seeking diversification.

Private equity (PE) buyout valuations have moved to unusually low levels relative to public equities.

Financial Literacy Month may be more effective when DC plans simplify participant decisions. What role can DC specialists play in helping sponsors see that?

Major changes in securitized credit benchmarking and fund categorization are under way. Is your portfolio ready?

International small cap stocks can help round out a global equity allocation, offering growth and diversification potential beyond international large caps and U.S. stocks.

In more concentrated markets, portfolios are often shaped more by benchmarks than by conviction—requiring a more deliberate, analytics-driven approach to managing risk.

After years of volatility, markets are increasingly rewarding dependable cash flows; these assets appear poised for meaningful relative revaluation.