December 15, 2025 05:01 AM GMT Thematic Research | North America Thematics Conference: 10 Key Takeaways Morgan Stanley held our first cross-divisional Thematics Conference this week, with broad participation across the firm. We continue to believe that Thematic investing should be grounded in a range of rigorous quantitative analyses that can help investors avoid a common pitfall: focusing on big picture ideas that are divorced from rigorous analytics. Various themes come in and out of fashion over time, an ...