At Sage Road, we’re dedicated to producing industry-leading research into the structural and cyclical themes that will define returns across asset classes, regions, and sectors. At a time of rampant short-termism, longer-term thinking is an even more vital investment edge. From my time at 13D Research to my tenure leading investment communications for Wellington Management, I’ve always struggled to find comprehensive, unbiased thinking on the biggest trends influencing investment outcomes. I founded Sage Road to fill that gap—to get beyond the day-to-day noise, challenge consensus thinking, and connect-the-dots on the key investment themes many may recognize, but few take the time to fully understand.
— Trevor Noren, Founder
Our Latest
DEFENSE INNOVATION
Accelerating global defense spending is poised to run headlong into accelerating defense innovation with market participants underestimating the breadth of implications. We dug into current defense budgets, country-by-country military preparedness, and the technological cutting edge to understand the pace and nature of software and hardware disruption to come. Where should investors focus their attention across asset classes both to maximize the upside opportunity of increased defense spending and to mitigate the risk of an increasingly armed and unstable world?
GENAI & PRODUCTIVITY
Seismic productivity gains will be required to justify the extraordinary investment going into GenAI today. What does its maturation trajectory and current applications across industries tell us about how and when the technology will boost productivity and transform winner/loser dynamics across sectors?
THE RETAILIZATION OF PRIVATE MARKETS
Private market assets under management have skyrocketed over the past decade, driven by behemoth institutions. Now, asset managers and innovators are in an arms race to bring huge sums of retail capital to alternatives. What will it mean for everything from returns and fees to global economic stability?
US RESHORING
Hype versus reality: The US push to reshore manufacturing capacity is one of this decade’s great investable inevitabilities. Yet, complexity combined with political polarization has triggered widespread misunderstanding of what’s underway, how technology will influence future outcomes, and therefore, how reshoring will alter asset-class dynamics and define winners and losers across sectors.
DEREGULATION
Beyond the oversimplification: What the Trump Administration has done and could do next, what it will mean for growth and inflation, and how it will reshape asset-class dynamics and define winners and losers across sectors.