Michael Woodford, former president and CEO of Olympus Corporation, was controversially fired after revealing widespread company fraud. Woodford recounts his experience and discusses the role and perception of whistleblowers today.
For years, researchers have used historical returns as proxies for estimating equity risk premium. This approach is problematic, however, because the resulting estimates don't vary from one year to the next, even though equity market returns can be wildly divergent from year to year. Katsunari Yamaguchi, CFA, has developed a new method for estimating equity premiums.
Ng Kok Song, former group chief investment officer of the Government of Singapore Investment Corporation (GIC), and Jason Voss, CFA, discuss an increasingly meaningful tool in the investment toolkit: meditation.
Nate Silver, author of The Signal and the Noise and founder and editor-in-chief of FiveThirtyEight, explains how to differentiate between “signal” and “noise,” and discusses the danger of false signals, in a recent Take 15 interview with Lauren Foster.
Is Chinese economic data reliable? Carsten Holz, professor of economics at the Hong Kong University of Science and Technology, discusses common misconceptions about China’s GDP figures and its future economic outlook.
Subscribe to Enterprising Investor and receive the weekly email newsletter.
BlackRock has brought to NYSE Arca two exchange-traded funds that give exposure to cybersecurity and genomics. The iShares Cybersecurity and Tech ETF picks investments from the NYSE FactSet Global Cyber Security Index, while the iShares Genomics Immunology and Healthcare ETF is linked to the NYSE FactSet Global Genomics and Immuno Biopharma Index. ETF Strategy (13 Jun.)
US regulators should find ways to encourage market participants to accelerate the transition away from Libor, Commodity Futures Trading Commission member Rostin Behnam says. "We may need to think about more aggressive policy decisions to help the transition move along in a quicker, more expedient way," Behnam says. MLex (subscription required) (13 Jun.)
Commodity Futures Trading Commission member Dan Berkovitz has voiced frustration that position limits on 28 commodities haven't been established nine years after the Dodd-Frank Act authorized the CFTC to set them. "I hope that we will complete it soon," he said. MLex (subscription required) (13 Jun.)
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.