Greg Murphy

What if your clients could access private equity later—when the assets are known and the path to liquidity is shorter? Pomona Capital founder Michael Granoff explains why secondaries may balance risk, return, and timing for your clients' portfolios.

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What happens to inflation and growth when global chokepoints seize up? J.P. Morgan Wealth Management Global Investment Strategists discuss how global fragmentation can transmit shocks fast. Learn more in our 2026 Mid-Year Outlook: https://lnkd.in/gQQw2xcg

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Markets are flirting with all-time highs, but volatility is rising, and isolated credit cracks are starting to show. That is a signal to slow down and focus on underwriting quality, not to chase beta. Read more from AB's Fixed Income Senior Portfolio Managers.

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Private credit dominated the narrative in Q4 2025, raising questions surrounding risk, liquidity and market resilience. Douglas Charleston, CFA, Partner and Co-Head of ABS, explains what this meant for ABS investors. Watch the full video: https://okt.to/0Ono2x

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The latest fact sheet for the Clough Select Equity ETF (NYSE: $CBSE) is now available. The attached document includes portfolio information, holdings, and performance data as of the most recent month-end. Please read our disclosures and a prospectus at www.cloughcapital.com/etfs before investing. The Clough Capital ETFs are distributed by Paralel Distributors, LLC. Paralel Distributors, LLC and Clough Capital Partners L.P. are not affiliated.

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For the third consecutive month, the Chicago Fed National Activity Index (CFNAI) remained in negative territory, indicating that economic activity remains below its long-term trend.

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We discuss how allocators can use US High Yield as the anchor to gain dependable yield and liquidity, by strategically rotating into other high yield markets. Watch the full video: https://lnkd.in/ecD6MHcQ

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Turning Market Turbulence into Strategic Opportunity: How Financial Advisors Can Leverage Global Disruption in Trust and Estate Planning Periods of global conflict and economic uncertainty often drive investor anxiety—but they also open unique opportunities for financial advisors to distinguish themselves through proactive, value-driven guidance. Disruption, when approached strategically, can become an inflection point for long-term wealth transfer planning. Global tensions are reshaping markets, currencies, and tax policies at record speed. Many clients are navigating shifting valuations, unpredictable inflation trends, and uncertain fiscal outlooks. Rather than react defensively, advisors can help clients see how temporary market dislocations may actually strengthen long-term estate planning outcomes. Advisors who move early to recalibrate strategies—especially around trusts, gifting, and tax-efficient wealth transfers—are positioning their clients for enduring advantages. Opportunities Emerging from Volatility Periods of disruption highlight several high-impact estate planning strategies: - Leverage lower valuations: Depressed asset prices can enable larger transfers within existing lifetime exemption limits, making GRATs, SLATs, and other trust tools especially powerful. - Lock in planning flexibility: Structures built during uncertainty provide insulation against future policy changes or tax reform. - Revisit diversified portfolios: Shifting global dynamics can spur advisors to realign holdings around clients’ evolving cross-border interests and philanthropic goals. Beyond tactical adjustments, market turbulence creates pathways for deeper advisory engagement. Guiding clients through estate review conversations during volatile conditions reinforces your role as their trusted stability anchor. It also offers a chance to collaborate closely with estate attorneys, CPAs, and family offices—solidifying an integrated planning approach. Periods of global instability often redefine wealth management leaders. Advisors who provide grounded perspective, align planning with long-term family priorities, and act decisively when others hesitate will help clients capture opportunity amid uncertainty. In every disruption lies a moment for reinvention. For financial advisors, now is one of those moments. Connect with me on best strategies and timely solutions to help advisors with implementing trust and estate plans with clients or visit https://lnkd.in/eUSbYd3W #globaldisruption #iran #middleeastconflict #securityintrusts

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Heads I Win, Tails I Don't Lose Much This isn’t asset allocation. It’s risk allocation. Define the downside first, size positions intentionally, and structure portfolios so upside can expand while losses remain contained. https://lnkd.in/eSKq2F-J

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The financial crisis reshaped the muni market, turning it into a more inefficient but opportunity-rich landscape. In this video, I explain how that evolution, and the way we use data today, helps us spot opportunities across the market more quickly and effectively.

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February’s markets moved in unexpected ways. Even amid major geopolitical events and a spike in oil prices, the S&P 500 dipped only modestly, driven by weakness in big tech, while smaller stocks, value, Utilities, and Energy found their footing. Investors also leaned toward companies seen as less vulnerable to AI disruption: heavy‑asset, low‑obsolescence names.   At the same time, cracks in private credit and mixed economic signals, such as modest growth, sticky inflation, and a soft labor market, hint that volatility could be ahead.   Read our full market update here: https://lnkd.in/gU7CZ-SG

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For years, investors looked no further than U.S. large caps, but that may be changing. Listen to Will Averill and Michael Sindici, CFA discuss the growing interest in non-U.S. equities, where fundamentals, valuation, and currency tailwinds are creating compelling opportunities. Institutional and RIA interest is shifting as global markets deliver the kind of performance many had come to expect only from U.S. equity markets. #InternationalEquities #GlobalEquities #MarketInsights #ActiveManagement #TheBiggerPicture

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2️⃣ Part 2 – Economic Cycles Through a Practical Lens If we don’t understand where we are in the economic cycle, we can’t reasonably assess risk or opportunity—regardless of how long we stay invested. In Part 2, I take the abstract concept of economic cycles and translate it into a practical framework investors can actually use. Expansion, Peak, Recession, Trough, and Recovery are not academic labels—they represent shifting conditions that directly influence corporate earnings, interest rates, investor sentiment, and asset class performance. This installment explains how these phases develop, why they are inherently uneven and emotionally charged, and how fear and greed often lead investors to make decisions at exactly the wrong time. I also address a common oversimplification: the idea that “time in the market” alone is sufficient. While long-term participation matters, how and when capital is allocated within the cycle can significantly affect outcomes, volatility, and drawdowns. By viewing markets through an economic lens, investors gain a clearer understanding of risk—not as something to avoid entirely, but as something to manage intelligently. This perspective helps shift decision-making from a reactive to an intentional approach. 👉 Take Action: Read this installment to sharpen your understanding of economic cycles and their real-world impact on portfolios. 👉 Then ask yourself: Is your 401(k) positioned for where the economy is likely going—or simply anchored to where it has been? https://lnkd.in/ecgr3UBP

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At Nuveen, we believe private market investments can enhance retirement portfolio risk/return profiles—but only should be considered within professionally managed portfolios. Brendan McCarthy explains why in the latest #Nuveenin90.

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Market booms lure investors into cyclical plays, but history shows these cycles can be short-lived. Compounders, however, can offer durable growth across cycles. Read more in MFS’ latest Strategist’s Corner: on.mfs.com/4pFx2V8.

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