Indeed, by one measure, AI spending contributed roughly 1.1 percentage points of the 1.6% annualized increase in U.S. gross ...

Our underweight to investment-grade credit had a slightly negative effect, while an out-of-index position in high-yield ...

Our duration positioning, which was slightly longer than the index’s, boosted performance compared with the benchmark. Read ...

Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. Amid exceptional ...