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
THE MEDICAL INNOVATION INFLECTION
Exploring how AI is poised to supercharge the already-accelerating pace of medical innovation across biomedical science, patient care, and health systems, and why this return-defining megatrend remains overlooked amid the market's narrow fixation on AI's builders.
THE PRIVATE CREDIT RECKONING
Looking past the retail redemptions and news-cycle fear mongering to understand the private credit vulnerabilities built up over the past decade and the contagion potential of those vulnerabilities.
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?
PRICE DISCOVERY
From passive ETFs and systematic strategies to high frequency trading to retail and foreign investors, equity market participation has gone through seismic shifts over the past two decades. At a time of heightened fear of an AI bubble, how should the makeup of today's equity market alter assumptions about risk mitigation and alpha generation?