Section
Market Structure
5 posts
Fundamentals in Focus: Rubner's Case for Selective Conviction
After months defined by macro headlines, positioning resets, and shifting AI narratives, the catalyst calendar has rotated back…
The Market You Think You Own Is Not the Market You Own
Scott Rubner's latest Global Market Intelligence note from Citadel Securities arrives with a clear verdict: September was the reset, and Q4 is the reload. The framing is deliberate, the evidence substantial, and the implications for advisors and investors are considerable.
The Conviction Gap: What Most Advisor Portfolios Are Missing at the Core
Most advisor portfolios mistake active weight for manager conviction. Franklin Templeton's five-factor core equity suite fixes that, starting with a proprietary conviction signal that extracts what managers actually believe.
The Asymmetry Has Changed: Scott Rubner's September Warning
In a closely watched note published August 31, 2026, Scott Rubner, Global Market Intelligence lead at Citadel Securities,…
Collateralized Loan Obligations: A Structured Credit Class Advisors Can No Longer Afford to Ignore
A new whitepaper from Meketa Investment Group cuts through the structural complexity surrounding collateralized loan obligations, making a…
Structure Is the Story: Rubner's 1H 2026 Review Says the Market Itself Has Changed
Citadel Securities' Scott Rubner opens his 21st semiannual Global Market Structure and Flows review1 with a deliberate inversion…