INSIGHTS

Tuesday (June 23, 2026) morning in Seoul (South Korea), investors watched the KOSPI 200 do something it had never done before. By the closing bell, South Korea's benchmark index, the country's answer to the S&P 500, had shed nearly 10% in a single session. Worst day in its history. Most American investors clocked the headline and kept scrolling. It needs some attention. Here's why: different countries specialize in different industries, and that gives their markets a kind of

Most portfolios today are still built on an idea that made sense in a different market era. The 60/40 Problem The 60/40 portfolio — sold for decades as “balanced” — failed investors when both stocks and bonds dropped together. The industry’s fix? Repackage it as direct indexing. Better wrapper, same passive bet. And until recently, even that was only available to ultra-HNI clients and institutions. Investors deserve more. We think investors deserve better than that. Direct In