Practical analysis for investment professionals

Economics


2024 US Wealth Management Outlook: In with Alternatives?

The instability and uncertainty of recent years demonstrate how vital it is to look beyond traditional securities and embrace a flexible mindset.

AI’s Carbon Footprint: Balancing Innovation with Sustainability

The future of artificial intelligence (AI) should not just be smart, it must also be sustainable.

The Low-Volatility Factor and Occam’s Razor

Will the low-volatility premium continue to be the best-kept secret in financial markets?

Mike Tang, CFA, CPA, on Spin-Off Listings in Hong Kong SAR

What's the appeal of spin-offs in general and in Mainland China and Hong Kong SAR, in particular? KPMG partner Mike Tang, CFA, CPA, shares his insights.

Book Review: The Four Pillars of Investing, Second Edition 

William J. Bernstein provides a comprehensive guide that offers important insights and practical strategies for creating and maintaining a successful investment portfolio.

Plan Sponsor Priorities for 2024: A Seven-Item Checklist

What topics in particular should defined contribution (DC) plan sponsors keep front of mind this year?

It’s Not Always the Economy: Five Questions to Gauge Financial Markets

The economy matters, but it matters differently to different investors depending on their distinct objectives, timelines, and asset allocation. And it’s not the only thing that matters.

ESG Investing and the Popularity Asset Pricing Model (PAPM)

When it comes to ESG investing, we have to agree that we don’t all agree. 

Bad Ideas: Why Active Equity Funds Invest in Them and Five Ways to Avoid Them

Most active equity funds do not underperform for lack of stock-picking skill. Rather the investment industry incentivizes them to manage business risk at the expense of long-term portfolio performance.

Monte Carlo Simulations: Forecasting Folly?

Forecasts in the form of Monte Carlo simulations are not the best way to anticipate a client's future portfolio returns.