The Association of Institutional INVESTORS is a member led organization of institutional investment advisors that represents the interests of investors and strives to advance good practices and promote fair and efficient financial markets through open engagement with policy makers and others.
In Focus
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Week InReview: December 12, 2025
Global stocks at record high. Global stocks are at records after a week in which confirmation that the Fed’s interest-rate easing cycle remains intact helped clear the way for a year-end rally. The US market looks set to pull back after setting its first all-time high in six weeks. | Stocks in Asia rally, led by Hong Kong and Japan. Chinese consumer stocks climb as the government prioritizes boosting domestic demand for the new year, while the Topix index reached a record high, with financials leading the gains. European equity futures gain while US contracts underperform. | The Treasury Department is preparing to release a corporate tax workaround that would deliver large tax savings to companies. The tax guidance could come as early as next week. | The S&P 500 clawed back losses to close at a record as buyers emerged after Oracle’s plans for vast capital outlays on AI infrastructure drove a broad retreat from riskier assets. Treasuries slid late in the day to unwind much of the rally that had kicked off after the Federal Reserve meeting proved less hawkish than anticipated. The dollar fell. | Oil gains, paring a weekly loss. The seizure of an oil supertanker off the coast of Venezuela is just the beginning of a new phase in the US's ramped-up pressure campaign against Nicolas Maduro.
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Week InAdvance: December 8, 2025
Mon Dec 8 UNEA hosts sustainable solutions session. Supreme Court considers firing of FTC members. Golden Globe awards in Oslo. | Tue Dec 9 Basel Committee joint conference in Frankfurt. Australia rate decision. | Wed Dec 10 FOMC rate decision. Reeves defends her budget in London. UN Human Rights Day. Nobel Prize awards. | Thu Dec 11 FSOC meeting. Switzerland rate decision. EU FinMins meet. OPEC & IEA release oil reports. | Fri Dec 12 ECOFIN meeting in Brussels. | Sun Dec 14 Beginning of Hanukkah, the Jewish Festival of Lights.
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Week InReview: December 5, 2025
Treasuries drop. Stocks choppy. Treasuries dropped after weekly jobless claims unexpectedly fell to the lowest since 2022. The dollar rose. Stocks were choppy all day, with the S&P 500 ending little changed. | The S&P 500 is on track to push toward a new all-time high on growing confidence in the US economy and the prospect of interest rate cuts. | Bank of Japan officials are ready to raise interest rates at a policy meeting this month, provided there’s no major shock to the economy or financial markets in the meantime, according to people familiar with the matter. | BlackRock’s iShares Bitcoin Trust recorded its longest streak of weekly withdrawals since debuting in January 2024, in a sign that institutional appetite for the world’s largest cryptocurrency remains subdued even as prices stabilize. | The yen gains against the dollar, while Japanese stocks fall, trailing Asian peers. Copper rose to a record, given fresh impetus by a bullish price outlook from Citigroup.
Upcoming Events
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17Dec
CMBS Council Industry Update
4:00 PM to 4:15 PM EST
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8Jan
Market Practices Council Industry Update
10:30 AM to 11:00 AM EST
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21Jan
CMBS Council Industry Update
4:00 PM to 4:15 PM EST
Our Clients, Our Markets, Our Purpose
The Association of Institutional INVESTORS is an organization of the oldest, largest, and most trusted federally registered investment advisers in the United States. All our members have a fiduciary duty to put their clients' interests first. Put simply, it's not our money. Our members' clients include companies and labor unions, public and private pension plans, mutual funds and 401Ks, and individuals and families who depend on our firms to help them provide for their retirements, to have funds available to educate their family members, to meet other obligations, and to support their financial aspirations. Collectively, the Association's members manage investments for more than 80,000 ERISA pension plans, 401Ks, and mutual funds on behalf of more than 100 million American workers and retirees.Our financial markets connect companies to investors and borrowers to lenders to help corporations create jobs, cities and states build needed roads, bridges, and schools, families finance homes and cars, and pension plans at all levels meet their obligations. These markets allow thousands of organizations and millions of individuals to invest in America, sharing in the success of our nation's businesses and maintaining a stake in the strength of cities, counties, states, and our country.
Our financial markets can only fulfill their highest purposes when they are open, transparent, and provide a level playing field for all market participants, and when they are supported by prudent regulation and strong investor protections. All the Association's efforts are toward these ideals.
