The long view: Revisiting public equities

Looking beyond short-term market volatility

Concentration among U.S. large-cap equities has been a concern for investors for quite some time, but as the global economic landscape continues to evolve, so do opportunities in other areas of the public equity market. Insights from JP Morgan AM, Allianz GI, DoubleLine, and more highlight some of those areas.

2026 is Not 1999 (Firstlinks)

Concentration alone does not make a bubble. The better test is how the market leaders are priced.

What U.S. Mega-Cap IPOs Mean for Investors (JP Morgan AM)

Participating in value creation from its earliest stages increasingly requires exposure to both public and private markets.

Equity Perspectives Q4 2026 (Capital Group)

For compliance reasons, this paper is only accessible in certain geographies

Explore why global growth has been so resilient, how inflation and higher rates might impact equities, and where AI opportunities are emerging across Europe, Japan, and China.

Where to Find Durable Dividends in Today’s Stock Market (Morningstar Indexes)

When investing in dividend payers, it’s crucial to be risk-aware. How can equity-income investors home in on durable dividends?

Global Small and Mid Caps: The Overlooked Middle Child of Equities (Natixis IM)

For compliance reasons, this paper is NOT accessible in the United States and Canada

Amid the concentration in U.S. large caps, is now a good time to allocate to global small and mid-cap equities (global SMIDs)?

Equity Perspectives Q4 2026 (Capital Group)

For compliance reasons, this paper is only accessible in certain geographies

Why has global growth been so resilient? How might inflation and higher rates impact equities? Where are AI opportunities emerging outside the U.S.?

Europe's Growing Role in Institutional Portfolios (Union Investment)

Where are the opportunities today in Europe and how do they fit in a strategic asset allocation?

A Dual-Quality Lens for U.S. Small-Cap Dividend Growth (S&P Dow Jones Indices)

The S&P SmallCap 600 Dividend Aristocrats Index measures a segment of the market where consistent, long-term dividend growth is particularly rare – and potentially meaningful.

A Systematic Framework for Small-Cap Equity Investing (Mackenzie Investments)

What does a framework look like for harnessing small cap breadth and dispersion while controlling implementation risk?

Japan's Defence Sector Reaches an Inflection Point (WisdomTree in Europe)

For compliance reasons, this paper is only accessible in the UK & Europe

Japan's defense spending has risen sharply since 2022. Will this become a long-lasting industrial cycle?

Examining EM Asia Through a Sector Lens (MSCI)

Because sectors group companies by business activity, which often cuts across countries, a sector allocation can target exposures that a country allocation may not isolate.

Opportunity Demands Selectivity (Principal Asset Management)

As dispersion increases, identifying quality businesses with pricing power, strong balance sheets, and disciplined capital allocation is becoming increasingly important.

European Defense One Year On: Money Is Not the Problem (Allianz GI)

One year into Europe's landmark rearmament announcements: bold commitments have been made, but is delivery keeping pace?

Diversifying U.S. Equity Exposure in a Concentrated Market (DoubleLine)

Many market-leading companies enjoy strong fundamentals. Investors, however, should consider complementary investment strategies to lessen their equity allocation’s bet.