Insights Equity Market and Positioning Insights

Highlights

• We have written extensively about market volatility in our weekly investment updates. This Investment Insights takes a step back and examines the long-term drivers of equity valuations and returns.
• Bessemer portfolio managers have adjusted holdings to reduce volatility by adding exposure to companies in the healthcare, consumer staples, and utilities sectors.
• Longer term, we continue to view investments in high-quality businesses with scale and strong growth prospects as a winning strategy for those that have time on their side.
• Our sub-advised strategies are sticking to their process and taking advantage of opportunities as they present themselves.