RGA Investment Advisors’ Q4 2024 Investor Letter

RGA Investment Advisors, an investment management company, released its fourth quarter 2024 investor letter. At first glance, 2024 seemed to be another exceptional year for equity markets, but a closer look revealed a markedly different situation. Even the overarching narrative held its complexities. According to the prevailing story, the S&P 500 achieved impressive results, driven by excitement surrounding AI developments. The letter discussed this not to justify the fund’s performance,...