Viewpoint: Steepening U.S. Yield Curve Provokes Sell-Off

Federal Reserve interest rate increases have been underway for the better part of two years. But those increases have not been fully reflected in the longer end of the maturity curve- that is until the past few weeks. The yield curve has finally begun to steepen, that is short duration rates significantly lower than long ...

Read more

Viewpoint: International vs. Domestic

“It was the best of times, it was the worst of times...”, With apologies to Charles Dickens this phrase encapsulates capital market returns so far in 2018. The best of times are being experienced by U.S. equity markets (led by small companies and technology stocks), which have posted near double digit returns as of this ...

Read more

CSP Q2 Commentary and Performance – June 2018

Performance Recap: Equity performance remains ahead of our benchmarks year-to-date despite giving up some performance in the second quarter. Year to date, the Luxon Global All Equity Portfolio gross return is +0.98% while the MSCI All Country World Index remains negative for the year at (0.43%). Bond returns trail their benchmarks for the quarter and ...

Read more

CSP Q1 Commentary and Performance – March 2018

Performance Recap: Luxon Global Equity outperformed their benchmarks by a healthy margin. The All Equity model finished the quarter up +0.71%, while the MSCI All Country World Index and our Blended Equity benchmark finished down (0.96%) and (0.91%), respectively. Some significant factors in this outperformance include 1) Overweighting in mid-cap and small-cap stocks relativetotheindices,and2)Managers election. ...

Read more

Cary Street Partners named to Financial Times Top 300

Posted June 28, 2018

Cary Street Partners announces it has been named to the Financial Times 300 Top Registered Investment Advisers list for 2018. The FT 300 recognizes top financial advisory firms from across the U.S. The Financial Times conducts an independent analysis of data from a broad universe of companies before selecting those firms to be named to ...

Read more