Enterprising Investor
Practical analysis for investment professionals

Portfolio Management


Buyers Beware: 7 Red Flags That Signal a Private Market Reckoning

Explore red flags in private markets as speculative excess, retail marketing, and valuation risks mount. Lessons from financial history.

From Models to Markets: A Conversation with Kenneth Blay

Invesco's Kenneth Blay shares insights on portfolio customization, macro strategy, and the role of judgment in modern investing.

Private Equity Returns Without the Lockups

Explore a new approach to replicating private equity returns with daily liquidity, combining futures, dynamic asset allocation, and risk management overlays.

From Ivory Tower to Investment Toolbox: Why Research Matters

Discover how cutting-edge academic research becomes real-world investment strategy and explore award-winning insights from the Hillsdale–CFA Society Toronto Research Award.

Private Credit’s Surge Has Investors Excited and Regulators Concerned

Private credit's accelerated growth raises critical questions about liquidity, transparency, and systemic risk.

Think We’ve Seen the Last +1,000-BPS High Yield Spread? Think Again

Think +1,000-bps high yield spreads are history? Marty Fridson shows why they could still hit that mark in the next recession.

Tariffs, Inflation, and Returns: How Investments Respond to Supply Shocks

Learn how tariff-related inflation shocks ripple through markets—and which assets have historically helped investors navigate the turbulence.

Amid The Noise, Active Management Quietly Reinvents Itself    

The headlines say active management is dead—but it’s quietly reshaping itself into SMAs, model portfolios, and personalized strategies wrapped in passive clothing.

Rethinking the Institutional Mandate: A Compilation from Enterprising Investor

Here's a curated look at where institutional investing is under strain—and where forward-looking strategies offer paths to improve performance, oversight, and alignment.

When the Equity Premium Fades, Alpha Shines

As the equity risk premium declines, alpha becomes critical. Discover how investors can adapt through factor strategies and global diversification.