Changes to Our Macroeconomic Assumptions—Third Quarter 2020
We provide more details on the impact of recent assumption changes on our five-year return estimates for both equity and fixed-income asset classes.
Osterweis Fund and Osterweis Strategic Investment Fund Q3 2020 Advisor Webinar—REPLAY
If you missed the Osterweis Fund and Osterweis Strategic Investment Fund quarterly update webinar, you can listen to the replay.
Osterweis Capital Management Third Quarter 2020 Equity Outlook
Osterweis Capital Managment's quarterly equity outlook
Accounting’s Mistreatment of Intangible Assets Distorts Equity Market Valuations—Thornburg
Intangible assets comprise some four-fifths of S&P 500 companies’ total value, but they don’t show up in balance sheet and valuation analysis unadjusted...
Episode 13: Why Intangible Assets Drive More Real Value in a Digital World—Thornburg
Technology is disrupting traditional business models. Intangible assets now account for some 80% of S&P 500 Index assets. But traditional accounting poo...
Third Quarter 2020 Investment Commentary
Going into the final quarter of 2020, multiple crosscurrents and uncertainties are presenting both investment risks and opportunities. There are reasons...