2024 was a remarkable year for stock market investors, with one record after another being broken. The year saw interest rates cut as inflation came under control, while economic growth was consistent and corporate profits were solid. The artificial intelligence boom underlay much of the growth in leading stocks. The question now is whether history will regard 2024 as a year when investors wisely backed the AI revolution, or as a year when AI stocks were driven into bubble territory in
Directors Najy Nasser and Henry Watkinson explore the alpha premium of emerging markets, highlighting that getting a head start benefits investors long-term. Najy and Henry’s article was published in Alternative Fund Insight, 8 April 2025, and can be found here. When harvesting the emerging managers’ alpha premium, getting ahead matters. Research[i] shows that fund managers often perform best when establishing a new fund: they focus more on performance, posting strong returns to attract investors. Emerging funds can