CFA Institute Blogs
It used to be that investors most feared interest rate risk in industrial countries and credit risk in emerging economies. The rules have changed, says Ramin Toloui, PIMCO’s global co-head of emerging markets portfolio management. Read more
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It used to be that investors most feared interest rate risk in industrial countries and credit risk in emerging economies. The rules have changed, says Ramin Toloui, PIMCO’s global co-head of emerging markets portfolio management. Read more
Leave a CommentOften financial analysts are presented with statistical charts that purport to demonstrate an important — and, of course, investable — relationship between data points. These charts are supposed to be worth a thousand words and thousands of shares traded. But invariably these charts do not have an r-squared for the data displayed, or any other descriptive statistical data; just the seductive image. Read more
Leave a CommentKent Osband offers that the mathematics of turbulence provides a mathematical framework for bridging modern portfolio theory’s rationalism with behavioral finance’s irrationalism. Read more
Leave a CommentJason Trennert of Strategas offers his sometimes contrarian outlook for equity markets while sharing insights on the European currency crisis and the prospects for inflation. Read more
Leave a CommentEarlier this week, we asked readers, “What austerity measures likely will be most effective in achieving sovereign financial recovery?” Read more
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The chief investment officer at the Bass Family Office says that the expected quality of a hedge fund manager is a function of additional return, minimal volatility, a bias toward positive returns, and less big blow ups. Read more
Leave a CommentAfter the Great Recession investors are still searching for answers on how to best examine and understand bank credit quality. Invictus Group’s CEO Kamal Mustafa, a penultimate insider’s outsider, offers not just perspective on the problem but genuine solutions. Read more
Leave a CommentAfter the Great Recession, some quantitative finance watchers stated that the discipline wass dead. Yet, some practitioners, such as Attilio Meucci, are evolving new ways for coping with the real world’s complexities. Read more
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Meditation is a practice that allows you to better utilize your entire brain, rather than just your analytical, rational faculties. Clearly, for investors these are critical skills. Read more
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