Investing

[ad_1] Stock investors loved Alan Greenspan because the policies he pursued during his tenure as chair of the US Federal Reserve benefited the equity markets. At least that was the conventional wisdom. But did the markets reflect this narrative on days when Greenspan testified before Congress? Did they tend to go […]

[ad_1] The progression of ESG investing in the global asset management community continues to be a source of fascination and a lightning rod for conversation, engagement, and innovation. As the “Index Industry Association 2023 ESG Survey” demonstrates, ESG considerations are transforming how asset managers approach their jobs and serve their […]

[ad_1] Markets were generally buoyant in June and July as participants focused on the positives and largely ignored higher risk-free rates and other phenomena with negative implications for asset prices. The ICE BofA US High Yield Index faced resistance in the low 400-basis-point (bp) option adjusted spread (OAS) range, which […]

[ad_1] The Role of Low Volatility Strategies in Investment Portfolios  Low volatility equity strategies appeal to investors for many reasons. First, they help keep our portfolios invested in equities during periods of market turmoil. Second, when well-constructed, they often exhibit higher risk-adjusted returns than their higher volatility counterparts. While general […]

[ad_1] Now that individual investors can access direct real estate investments, what should they keep in mind regarding the main US commercial real estate (CRE) sectors and their respective outlooks? To conclude our series, we analyze the prevailing perspectives on the US CRE market and four of its key segments, […]

[ad_1] Introduction The imperatives of climate change demand enhanced risk management in the commercial real estate (CRE) loan market: Investors and lenders must refine their strategies and conduct meticulous property-level risk assessments as part of their credit analysis. Community and regional banks are particularly susceptible to climate-related financial risk due […]

[ad_1] The Power of Money: How Governments and Banks Create Money and Help Us All Prosper. 2023. Paul Sheard. Penguin Random House. In The Power of Money: How Governments and Banks Create Money and Help Us All Prosper, Paul Sheard, an Australian American economist and the former vice chair of […]

[ad_1] “Complexity is like energy. It cannot be created or destroyed, only moved somewhere else. When a product or service becomes simpler for users, engineers and designers have to work harder. [Donald A.] Norman writes, ‘With technology, simplifications at the level of usage invariably result in added complexity of the […]

[ad_1] Can stock investors benefit from corporate bond market data? Yes. In fact, equity portfolios constructed using bond momentum signals may outperform their traditional equity price momentum counterparts. But as our study demonstrates, the signal design is critical. Momentum Spillover The momentum spillover effect describes the signal that a company’s […]

[ad_1] Our 4×4 Asset Allocation philosophy approaches every asset or strategy based on how it contributes to — or detracts from — four goals: Growth, Income, Preservation, and Liquidity. In particular, under the 4×4 Goal Parity framework, each of these goals has equal weight. So, what does a goals-based approach […]