Investing

[ad_1] “It is difficult not to marvel at the imagination which was implicit in this gargantuan insanity. If there must be madness something may be said for having it on a heroic scale.” — John Kenneth Galbraith The cryptocurrency exchange FTX filed for bankruptcy on 11 November 2022 as Sam […]

[ad_1] The financial markets are among the most effective tools we have to fight climate change, and the net zero transition will require trillions of dollars in annual investment between now and 2050, according to analysts. While that’s certainly an impressive number, given specific climate exposure-related mandates, investors at this […]

[ad_1] The most important portfolio manager skill metric is often overlooked. I often hear fund managers say, “I only need to get it right slightly more than 50% of the time.” What they are referring to is the hit rate. It’s similar to batting average in baseball: It represents the […]

[ad_1] FTX is simultaneously the biggest fraud and the culmination of the largest banking crisis in the history of the crypto industry. But the FTX debacle has very little to do with crypto itself: It is merely another episode in global finance’s long history of such catastrophes. Despite extensive regulation […]

[ad_1] In the early days of the COVID-19 pandemic, the Federal Open Market Committee (FOMC) announced primary and secondary market corporate bond purchase programs as part of its response to the severe market and economic dislocations. These initiatives were aimed at supporting corporations’ access to credit and improving liquidity in […]

[ad_1] This article is derived from “Ensemble Active Management – AI’s Transformation of Active Management” and “Methodology, Design, and Data Integrity Validation Study of Turing Technology’s 2024 Ensemble Active Management” white paper. Numerous studies have evaluated active US equity managers’ ability to outperform index funds and exchange-traded funds (ETFs). While time […]

[ad_1] A version of this article originally appeared on the Research Affiliates website. The current economic environment is a confusing one. Job growth is strong, yet reports of layoffs at high-profile companies are ubiquitous. The yield curve is inverted, implying an imminent recession, but the stock market is at or […]

[ad_1] What does the latest Index Industry Association (IIA) global membership survey reveal about current trends in indexes and benchmarks? Chief among the key data points is that the rapid expansion of environmental, social, and governance (ESG) indexes continues to gain momentum and diversify across asset classes. The 2022 survey […]

[ad_1] The world economy stared into the abyss on 16 March 2020. COVID-19 had sent country after country into lockdown, disrupting manufacturing supply chains and service sectors. Global US dollar liquidity had dried up, and recession risks were soaring. In Europe, credit default swaps on corporates traded with a default […]

[ad_1] Tax season in the United States shouldn’t be confined to March and April alone. Our clients’ taxes and the tax-savings strategies we can devise for them should be on our minds year-round. Unfortunately, too often tax planning advice is almost entirely about identifying deductions. That’s a mistake that can […]