Investing

[ad_1] We’re witnessing a dramatic transformation of the US utility sector, driven largely by climate change and the swift advancement of technologies such as artificial intelligence (AI). Rising infrastructure costs and the push toward renewable energy are shaking up traditional investment models that depend on fossil fuels. Institutional investors face […]

[ad_1] How will technology influence women’s wealth in the years ahead? I participated in a dynamic panel discussion on VoiceAmerica Business Channel: Technology Revolution Radio, hosted by Bonnie D. Graham on 20 July, that addressed this very question. My fellow panelists were three women leaders who are all passionate about […]

[ad_1] For more insights on the equity risk premium from Rob Arnott, Cliff Asness, Mary Ida Compton, Elroy Dimson, William N. Goetzmann, Roger G. Ibbotson, Antti Ilmanen, Martin Leibowitz, Rajnish Mehra, Thomas Philips, and Jeremy Siegel, check out Revisiting the Equity Risk Premium, from CFA Institute Research Foundation. “I see evidence of […]

[ad_1] Convertible Securities: A Complete Guide to Investment and Corporate Financing Strategies. 2022. Tracy V. Maitland, F. Barry Nelson, CFA, and Daniel G. Partlow. McGraw Hill. Professionals who contemplate investing in, hedging, or issuing investment-grade or speculative-grade convertible bonds or preferreds in the public or private market in North America, […]

[ad_1] Hedge fund performance fees, I believe, are a rip-off for clients. Few phenomena illustrate this better than “round-tripping” stocks. These are stocks that, over the course of several years, for whatever reason, see enormous price gains only to fall back to about where they started. During the COVID-19 era, […]

[ad_1] Retirement planning is the primary objective of retail investors. Indeed, 47% of respondents in the 2022 CFA Institute Investor Trust Study indicated saving for retirement was their most important investment goal. Yet the conventional pathway to retirement savings — the traditional stock and bond portfolio — is not as […]

[ad_1] The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance. 2021. Eswar S. Prasad. ‎The Belknap Press of Harvard University Press. Today, you can’t turn on the television or the radio without hearing an ad for cryptocurrencies or crypto exchanges. Numerous celebrities are touting crypto trading […]

[ad_1] As a stock’s nominal share price falls, what happens to its risk profile? The answer to this question has important implications for managing investor expectations and reducing portfolio turnover. Afterall, investors often deviate from their chosen long-term strategies due to emotional reactions to unanticipated market movements. These market-timing actions […]

[ad_1] That local mood affects local stock returns is a longstanding truism of the financial markets. Numerous behavioral studies back this up. When a sports teams loses, for example, the stocks of local firms tend to fall as well. Similar patterns have emerged around weather and election results. That is, […]

[ad_1] “We all know the importance of fundamentals and fundamental value,” Brian Singer, CFA, said at the Alpha Summit GLOBAL by CFA Institute this past May. “[But] what do we do in an environment where fundamentals begin to take a backseat to public policy? What do we do when the […]