Top investment content: July2026

A narrower path lies ahead, but opportunities remain

Savvy Investor’s top picks for July feature the latest macro developments and investment opportunities to help you make decisions for your portfolio. Discover insights from PIMCO, PGIM, Orbis Investments, and more on assets from EMs to HALOs and concepts from the hidden cost of stock concentration to the drivers of a new exceptionalism.

In-depth research

Guides to the Markets 3Q 2026 (JP Morgan AM)

A comprehensive array of the latest market and economic trends and statistics illustrated through compelling charts.

Beyond Capital: The Next Phase of Direct Lending (PGIM)

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

Direct lending has grown rapidly, but not all parts of the market are evolving in the same way.

Essential Infrastructure: The HALO Assets of the AI Boom (Ausbil)

Heavy assets, low obsolescence infrastructure looks compelling for investors as energy demand surrounding AI increases.

Topical short analysis

A Growing Divide in Leveraged Finance (PIMCO)

Why financial distress is likely to rise in direct lending and leveraged loans, even if the business cycle remains resilient.

ETF Flows Monthly Review - July 2026 (Fidelity International)

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

The global ETF market continues to attract new capital flows. What is behind this development, where are the flows strongest, and will it last?

The Hidden Cost of Stock Market Concentration (Harvard Law School)

As a few stocks have come to dominate major benchmarks, an old diversification rule has begun to bind. What is it and how is it affecting stock prices?

Engaging videos

Are Investors Navigating EMs with an Outdated Map? (Orbis Investments)

Emerging markets are no longer the peripheral outposts of the global economy that the old map suggests.

The New Exceptionalism (Principal Asset Management)

U.S. hyperscalers’ ongoing spending is creating positive spillovers across the AI supply chain.

Mid-Year Outlook: The Narrowing Path (New York Life Investment Management)

Markets enter H2 with a constructive outlook but a narrower path forward. How might this impact portfolio positioning?

Must-listen podcasts

AI: Fundamentals, Valuation, and the Next Allocator Dilemma (Capital Allocators)

With AI, the future is no longer the hard part to imagine. The hard part is deciding what it’s worth today.

Unearthed: Gold Market Calm and What to Watch in Q3 (World Gold Council)

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

Taking stock of a gold market that has calmed after a more volatile first half of the year, and what’s in store in the months ahead.

Quarterly Update | Q2 2026 (Mawer IM)

A reflection on AI investment, IPOs, and other drivers of the market environment last quarter.