Investors face a world of higher nominal growth, structurally firmer inflation, thinner US equity risk premia, a latent rotation toward under-owned regions and policy headlines that can move markets by several standard deviations overnight. The environment is richer in dispersion and convexity than anything seen since the immediate aftermath of the GFC - fertile ground for macro alpha.

The report consolidates all of our sector knowledge and data into a single reference piece, which is designed as a go-to resource for those seeking intelligence on this universe of funds. The document looks at the universe from a number of angles including fund popularity, performance, and flows.