Alternative Investments… Tokenization Opportunity for Repos 11 Apr 202411 Apr 2024 Repos, short for repurchase agreements, are a form of short-term borrowing mainly used in the money markets. In repo, one party sells a security to another and agrees to repurchase…
Capital Market… Banks’ Involvement in Private Credit 29 Mar 2024 Banks' involvement in private credit has become increasingly significant in recent years as the private credit market has expanded. Some banks have established direct lending platforms, offering loans to private…
Alternative Investments… Alternative Credit Strategies 6 Mar 2024 Alternative credit strategies refer to non-traditional lending and credit investment forms that go beyond standard market instruments like public corporate bonds or government securities. These strategies often aim to generate…
Capital Market… 501(c)(3) Organizations and Investment Implications 16 Feb 2024 A 501(c)(3) is a portion of the US Internal Revenue Code that allows nonprofit organizations to be federally tax-exempt. Organizations that are organized and operated for certain purposes and meet…
Alternative Investments… SEC’s Approval of Bitcoin ETF: Impacts and Opportunities for Asset Managers 7 Feb 2024 The US Securities and Exchange Commission (SEC) recently approved listing and trading bitcoin exchange-traded product shares. The approval of bitcoin ETFs is considered historic due to the long-standing pursuit by…
Equity… Patient Engagement in the Pharmaceutical Industry and Investor Perception 13 Oct 202330 Oct 2023 Patient engagement has become an increasingly important factor in the pharmaceutical industry, influencing various aspects of drug development, marketing, post-market surveillance, risk management, investor perception, cost savings, and regulatory and…
Energy… Energy Transition Funds 19 Jun 2023 Early-stage energy transition funds are investment vehicles that focus on financing and supporting early-stage projects in the energy transition sector. These funds aim to drive innovation, accelerate the deployment of…
Alternative Investments… Clean Technology Investment Solutions 1 Feb 2023 Energy consumption is the largest source of greenhouse gas (GHG) emissions globally. This includes fuel combustion for transportation and the generation of heat and electricity. Therefore, carbon capture has become…
Asset Allocation… Positioning Portfolios for An Environment of High Inflation 27 Jul 2022 Investors should adopt inflation protection as inflation shows few signs of moderating anytime soon and central banks are tightening monetary policy aggressively. Treasury Inflation-Protected Securities (TIPS) can help position portfolios…
Asset Allocation… ESG Ratings and Methodology 1 Jul 202111 May 2022 The interest in ESG investing creates greater demand for ESG data, ratings, rankings, and methodologies (Abhayawansa & Tyagi, 2021). Different ESG ratings, rankings, and methodologies produce significantly different assessments of…
Asset Allocation… Advances in Investment Portfolio Management: November 12, 2020 12 Nov 2020 Portfolio management refers to the selection of securities and their continuous shifting in the portfolio for optimizing the return and maximizing the wealth of an investor by analyzing the strengths,…
Due Diligence… A Stable-Growth Environment: Value is Likely to Perform Better 23 Mar 2016 For many value-oriented investors, the last five years have been a challenging period given an elevated macroeconomic risk and bouts of volatility, backdrop of the low growth and structural change…
Fixed Income… Macro Themes and the Implications: Time to Pay Attention to Global High Yield Strategy (I) 15 Mar 201619 May 2016 Key Macro Themes and the Implications Low inflation: Inflation is low but it does not mean inflation is zero. The slow growth in global economy keeps inflation subdued even as…
Alternative Investments… Equity Strategies – Updated November 2015 25 Nov 201526 Nov 2015 As global economy converges to more stable rather than rapid growth, debt level and growth dynamics keep interest rates relatively low, and inflation remains muted in developed world, investors are…
Asset Allocation… Target-Date Funds: Find a More Secure Path to Retirement 9 Jun 20149 Jun 2014 Asset allocation determines the blend of investments in each portfolio; the process seeks to maximize value based on one’s time horizon and tolerance for risk. A target-date fund offers specific…
Equity… Choosing From Beta Strategies: Bettering Your Investments with a Smarter Exposure 17 May 201419 May 2014 Institutional investors have employed alternative weighting and factor-driven strategies for decades. In recent years, a growing variety of alternative beta strategies have come to market, as investment managers are pursuing…
Asset Allocation… Strategic Asset Allocation for Individual Investors 4 Jan 2014 Strategic asset allocation is pivotal in executing investment plans. In developing strategic asset allocation, investors establish and specify their desired exposures systematic risk. Groups of assets of the same type are…
Asset Allocation… Enhancing Performance via Tax Structuring 30 Nov 20136 Dec 2013 Astute management of investment-related taxes is a critical piece throughout the portfolio management process; tax consequences severely diminish investors’ spending power and long-term return. For wealthy families and individuals, the…
Portfolio Management… How to Control Trading Costs 29 Nov 20133 Dec 2013 Controlling trading costs are complex because trading takes time, the demand for securities and other assets are not perfectly elastic, and the price impact of trades can affect the course…
Asset Allocation… Why Market Timers Fail? 20 Nov 201314 Sep 2022 The stock market has seasonal effects and calendar anomalies, such as the so-called January effect, the Halloween effect, the best six-month strategy and the presidential election cycle. Seasonal and cyclical…
Asset Allocation… Strategic Asset Allocation for Individual Investors 11 Nov 2013 In developing strategic asset allocation, investors establish exposures to the asset classes agreed on their Investment Policy Statement (IPS); strategic asset allocation integrates investors’ financial objectives, risk tolerance, and investment…
Asset Allocation… Optimization Revisit 10 Nov 201326 Nov 2013 In portfolio management, optimization is a mathematical process of assigning the proportions of various asset classes or investment styles to be held in a portfolio, in a way as to…
Asset Allocation… The Importance of Asset Allocation 9 Nov 2013 Historically, common stock was deemed “per se imprudent.” The experience of the 1930s, however, proved that bonds could be risky as well. In today’s investment practices, the New Prudent Investor…
Alternative Investments… Fund of Hedge Funds, Manager Selection, and Due Diligence 22 Oct 201314 Nov 2013 One of the main reasons that more and more institutional investors, particularly endowments and foundations, include hedge funds in their portfolios is the expected diversification benefit, given the existing array…
Alternative Investments… An Event-Driven Strategy: Merger Arbitrage 22 Oct 201323 Oct 2013 Event-driven strategy seeks to invest in opportunities associated with corporate transactions such as consolidations, acquisitions, recapitalizations, bankruptcies, and liquidations. Merger arbitrage event-driven managers employ strategies that can capitalize on valuation…
Alternative Investments… A Relative Value Strategy: Convertible Arbitrage 22 Oct 2013 Hedge funds deploying relative value strategies seek to take advantage of “discrepancies” in price between securities or the overall market. Within the relative value category, there are sub-strategies, and convertible…
Alternative Investments… A Global Macro Strategy: Managed Futures 22 Oct 201328 Oct 2013 Hedge funds utilizing a global macro strategy take positions in equity, fixed income, or currency markets in anticipation of global macroeconomic events to generate risk-adjusted returns. Global macro fund…
Alternative Investments… Hedge Fund Landscape 22 Oct 201326 Nov 2013 The first hedge fund emerged in 1949 when sociologist Alfred Winslow Jones and his four friends formed an investment partnership. The first reference to a hedge fund appeared in a…
Alternative Investments… Private Equity Portfolio Management 20 Oct 201320 Oct 2013 Portfolio Management is a process of making investment decisions about asset mix, policy, and buy/sell disciplines in order to meet individual and institutional investors’ specified financial objectives, risk tolerance, investment…
Alternative Investments… Endowment Spending and Purchasing Power Preservation (IV): Real Estate 15 Oct 201328 Oct 2013 Potential Benefits of Real Estate Investments Similar to the return patterns of other real assets, real estate returns also have low correlations with traditional investment vehicles, which adds a diversification…