May 2025 top 10 papers
We present the best-performing papers from May 2025 by number of downloads.
Global Asset Management Report 2025 (BCG)
The global asset management industry reached a record $128 trillion in assets under management in 2024, up 12% from the previous year. However, growth can’t mask the deeper structural challenges that the industry faces.
Innovation Remains the Engine of Growth (Robeco)
Despite global uncertainty, innovation is thriving. AI, nuclear fusion, and quantum computing are advancing rapidly, driving significant investments and automation, reshaping industries, and generating revenues.
Macro Pulse: Soft Data, Hard Questions (New York Life Investments)
Amid rampant global policy uncertainty, investors face a difficult truth: clarity may not come soon.
Trump Has Constraints (UBS AM)
Recent de-escalations on trade and Fed Chair Powell show sensitivity to the bond market and the potential for damaging economic and political outcomes.
20 Fun Facts about S&P 500 Dividend Aristocrats (S&P Dow Jones Indices)
Dive into two decades dividend indexing as S&P Dow Jones Indices reflects on 20 years of the S&P 500 Dividend Aristocrats.
Investing amid Trade Wars (Sparkline Capital)
Sparkline develops a framework to measure firms’ global trade exposure based on their reliance on foreign revenues, supply chains, and employees.
How are U.S. Consumers and Firms Responding to Tariffs? (Apollo)
How are firms responding to tariffs? 1) Rapid downward revisions to earnings expectations. 2) New orders falling, capex plans falling 3) Inventories rising before tariffs.
Investing amid Macro Uncertainty & Sentiment-Driven Volatility (PGIM)
PGIM Multi-Asset Solutions’ Second Quarter 2025 Outlook examines the fundamental shifts transforming global markets following uncertainty around U.S. policy.
Frameworks for Endowment and Foundation Spending Policies (Meketa)
This paper focuses on endowments and foundations that aim to maintain intergenerational equity, and how best to maintain this goal through spending policy development.
U.S. Infrastructure Investment: A Bigger Role for Private Funding (Citi Research)
Funding strategies for U.S. infrastructure have traditionally relied on government funding, but growing budget deficits and evolving needs point to a larger role for the private sector.
