Enterprising Investor
Practical analysis for investment professionals

China Inc. Returns: What’s Driving HKEX’s Boom

Chinese Mainland firms shift from Wall Street to HKEX as reforms, delistings, and policy alignment drive record listings and new investor access.

A Strategic Buyer’s Guide to PE Exits

The line between financial engineering and sustainable value creation in PE exits is thin, and strategic buyers must be prepared to tell the difference.

The Augmented LP: 6 Ways AI Can Enhance the Allocator’s Workflow

AI can help LPs structure data, enhance due diligence, and improve oversight, while keeping human judgment central.

The Factor Mirage: How Quant Models Go Wrong

Why factor investing often fails in practice — and how causal reasoning helps quant models perform in the real world.

Private Equity’s New Exit Playbook

The rise of continuation funds reflects private equity's longer hold periods for assets amid higher rates and narrowing exit strategies.

Why Financial Advisors Struggle to Embrace Bitcoin’s Rise

Bitcoin challenges financial orthodoxy, valuation models, and regulation, forcing professionals to rethink what money and value really mean.

Tokenized Money Market Funds: Cybersecurity Lessons from the Digital Cash Frontier

Tokenized MMFs merge blockchain with institutional finance and offer speed and composability but demand airtight cybersecurity and key controls.

From Hedge to Test Case: Gold’s Volatility and the Limits of Safety

Gold’s 2025 rally has turned volatile. Its sharp pullback tests whether gold’s role as a safe-haven and portfolio cornerstone can endure under market stress.

LDI in Frontier Markets: Building Resilience, the Nigeria Case Study

Nigeria’s experience with LDI offers lessons for building financial resilience and managing long-term investment risks in frontier markets.

AI Can Pass the CFA® Exam, But It Cannot Replace Analysts

AI’s CFA exam success underscores finance’s next frontier: mastering technology while keeping human judgment at the core.