Over the last 35-plus years, convertibles have produced equity-like performance but with lower volatility. Today, accelerating new issuance and expanding market breadth adds to the appeal of this unique asset class.

Highlights from the week of February 27 – March 5, 2026.

Geopolitical tensions are rising as markets expected disinflation and easing. Fixed income investors watch energy, inflation expectations, and risk pricing.

Secondary private equity can potentially enhance the return and risk profile of a traditional 60/40 portfolio.

As markets react to this weekend's escalation in the Middle East, our CIO Eric Stein offers a grounded perspective on what's driving the volatility.

Three numbers tell the small cap story right now: Earnings, valuations, and rates. It’s a setup that deserves attention.

If inflation isn’t fully broken and growth isn’t overheating, how much risk should fixed income investors take— and where?

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Unlike paper gains, realized PE distributions provide tangible value and fuel new compounding opportunities—key components of sustainable total return.

Improving global equity fundamentals and valuations argue for a more balanced approach.