Practical analysis for investment professionals 
Since the early 2000s, policymakers in emerging markets have been concerned about “waves” of international capital flows into their countries. As Kristin Forbes, a professor at MIT’s Sloan School of Management, pointed out at the Investing in Emerging Markets 2012 conference, “Volatility of capital flows is here to stay, and there are no magic bullets.” Read more
1 CommentRichard Hokenson discusses the investment implications of global demographic trends and the investment opportunities these trends represent for Africa. Read more
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Could it be that the Holy Grail has been spotted at the recent Chicago Board Options Exchange (CBOE) Risk Management Conference? Well not quite, but there was much discussion about what I believe to be the most significant development of … Read more
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There is no such thing as a risk-free rate of return, just as there is no such thing as our world without action. Yet, the concept of a bedrock expected rate of return is a good one in need of a better description that is more reflective of reality. Read more
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Shanghai-based Lawrence Tse of Gobi Partners outlined the risks, opportunities, and lessons learned from a career in early-stage investing in China. Read more
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As I stated last month, investors have largely left last year’s biggest story, the European Sovereign Debt Crisis, behind. Instead, in the last 30 days, investors have been getting their bearings and putting in place new strategies. Read more
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No one who reads this book will ever again regard risk management as a necessary but unproductive appendage of the financial industry. Other authors have chronicled how quantitative finance influenced investment management, but Aaron Brown has made a compelling case for a far more profound economic impact. Read more
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The $2.7 trillion U.S. money market fund industry, which greases the wheels of industry while offering institutional and individual investors a vehicle for cash management and savings, is being targeted for regulatory reforms designed to make it more transparent and less risky. But critics argue that adoption of the proposed changes may trigger unintended consequences with far-reaching effects. Read more
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In the wake of the Great Recession, many alternatives to the traditional credit-rating agencies are being considered. Here is an overview. Read more
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