Investing

[ad_1] Measuring corporate impact is time-consuming and resource intensive. Until recently, I worked at UN PRI and witnessed first-hand the significant challenges investors, employees, and customers face in finding trustworthy, comparable data to assess the net impact of companies. CFA Institute Research and Policy Center’s Climate Data in the Investment […]

[ad_1] Warren Buffett: Inside the Ultimate Money Mind. 2021. Robert G. Hagstrom, CFA. Wiley & Sons. Over the past two decades, Robert G. Hagstrom, CFA, has written several books about Warren Buffett. This new book, however, is unique in its focus on the investment thought process. Many books, videos, discussions, […]

[ad_1] In private equity (PE), there are more ways to calculate the alpha of a portfolio or fund than any other asset class. And in no sector other than private markets does investing in the average fund seem to go so poorly. Should it be this way? Is the average […]

[ad_1] Central banks took a huge leap on the road to direct market intervention in 2020. All developed market central banks added direct purchases of corporate bonds to their quantitative easing (QE) programs. As of 31 December 2020, the European Central Bank (ECB) and the US Federal Reserve held €250 […]

[ad_1] We are on the cusp of a major shift in financial, political, and social power from Baby Boomers toward Millennials that, combined with digitization and monetary policy shifts, will continue to drive regulatory changes supporting the adoption of cryptoassets. Regulation is often cited as a key factor hindering adoption […]

[ad_1] After the capital asset pricing model (CAPM) was developed in the 1960s and 1970s, financial researchers started to test how well this theoretical model actually worked in the real world. Amid expanding computing power and greater data access, the 1980s became a critical era for gauging CAPM’s validity as […]

[ad_1] “Be still indebted to somebody or other, that there may be somebody always to pray for you, [. . .] fearing, if fortune should deal crossly with you, that it might be his chance to come short of being paid by you.” — François Rabelais, Gargantua and Pantagruel, Book […]

[ad_1] 21st Century Investing: Redirecting Financial Strategies to Drive Systems Change. 2021. William Burckart and Steve Lydenberg, CFA. Berrett-Koehler Publishers, Inc. Responsible investing, sustainable investing, impact investing, social investing, ethical investing, ESG (environmental, social, and governance) investing — labels abound for the space in which investors add nonfinancial considerations to […]

[ad_1] Introduction Diversify, reduce fees, avoid active trading, and keep it simple. Most investors would be well-served by following the above framework. But while easy to recommend, this rubric is rather difficult to implement. For example, how does an investor diversify in 2021? Over the last 40 years, a simple […]

[ad_1] An investment policy statement (IPS) can be one of the most important documents for individual and institutional investors alike. Yet not all IPSs are of the same quality. Which of these statements better describes your IPS? A. The IPS is the backbone of our successful investment program. B. I […]