It’s felt more like winter than summer for private credit over the past few weeks.
The Allman Brothers Band left a lasting mark on rock music with its distinctive blend of Southern rock, blues and improvisational jams. The band experienced plenty of ups and downs, to put it mildly, and its 1975 album Win, Lose or Draw was initially viewed as falling short of the standard set by it...
The second quarter of 2026 was a strong absolute-return period for the Hilton Tactical Income Strategy. The Hilton Tactical Income Composite generated a preliminary return of 4.59% gross /4.46% net, participating meaningfully in the recovery across equities, credit, AI infrastructure, energy infrast...
Financial conditions are among the most consequential—and most underappreciated— forces shaping asset prices and the economy. They link monetary policy, capital markets, and economic activity, offering investors a potential window into where investment risk and opportunity may be developing.
The first quarter of 2026 marked a meaningful shift in the market environment. What began as a continuation of late-2025 optimism around broadening equity participation evolved into a more fragile and volatile backdrop, driven by rising geopolitical tensions, renewed inflation concerns, and increasi...
The first quarter of 2026 was defined by a rapid shift in market leadership, a more fragile geopolitical backdrop, and rising concern that the macro environment could prove less supportive for risk assets than investors had expected entering the year. Against that backdrop, the Hilton Tactical Incom...