What’s the Difference between Emerging and Frontier Markets?

Labels like “emerging” and “frontier” market are not sociological in the least. Applied by the FTSE and MSCI on behalf of global investors, they concern only the investability of a market. But how can we break down such broad terms? To find out, we polled readers of CFA Institute Financial NewsBrief to see what they thought most distinguishes an emerging from a frontier market. Read more

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Book Review: Make the Deal

Book Review: Make the Deal

This overview of how merger and acquisition (M&A) deals are structured is primarily for those who understand the business rationale and potential value of a merger or acquisition but have had little exposure to legal concepts that drive the structure and documentation of M&A. Read more

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Book Review: Inside the Investments of Warren Buffett

Book Review: Inside the Investments of Warren Buffett

In four parts, author Yefei Lu covers specific cases from Warren Buffett’s career. Lu digs through old annual reports, Moody’s Investors Service manuals, and partnership letters to provide the reader with the key data points and metrics that Buffett would have seen when he first researched the 20 businesses. This kind of valuation work should be of great interest to equity analysts and value-minded portfolio managers. Read more

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