Practical analysis for investment professionals

regulations


The Outlook for Fixed Income: Stagnant Prices, Tighter Money

Interest rates are nearing a lower bound, David Schawel, CFA, tells Will Ortel during a recent Take 15 interview. “Most likely we’re not going to be in a 30-year bull market for interest rates falling again,” he said. So what does this mean for fixed-income investors?

Josh Brown on the Fiduciary Standard and Fintech

"Investors should understand what they’re invested in. There should be zero conflict," says Josh Brown, CEO of Ritholtz Wealth Management.

DOL Fiduciary Rule: Moving Investment Advice in the Right Direction

After more than a year of posturing, agonizing, and distress, the US Department of Labor (DOL) has finally released its conflicts of interest and fiduciary rules for personal retirement accounts, including IRA rollovers.

Earnings Confessions: What Disclosures Do Investors Prefer?

Modern life requires us to process an ever increasing load of information. For those in the financial markets, earnings seasons turn that daily data deluge into a full-on tidal wave.

Book Review: The Handbook of Market Design

This handbook provides an insightful set of articles on the impact of economics and game theory on the development of structures to solve market design problems. Bringing together the latest research in this growing field, the editors provide a detailed overview on how market mechanisms can be used to solve problems of matching and exchange.

Trans-Pacific Partnership: Brave New World or Geopolitical Maneuver?

After two decades of negotiations, 12 Pacific Rim countries finally reached agreement on the Trans-Pacific Partnership (TPP). We asked readers of CFA Institute Financial NewsBrief if this is an important event in the context of the global economy.

The Role of Institutional Investors in Curbing Corporate Short-Termism

Institutional investors are the majority owners of most publicly traded companies but allow activist hedge funds with smaller positions to push through corporate changes. Robert Pozen argues that institutional investors should actively participate to ensure that the outcome promotes long-term growth instead of temporary price spurts.

Is Finance a Noble Profession? (Online Forum)

Whether finance is a noble profession or not is an important issue for the long-term viability of capitalism. This CFA Institute Future of Finance online forum considers the issues.

Book Review: The End of Banking

In addition to carefully explaining how the financial sector maneuvered itself into the financial crisis of 2007–08, The End of Banking presents several unconventional ideas to do away with regulatory capital arbitrage that sticks taxpayers with the bill for bankers’ risk taking. It also promises a fairly straightforward policy framework that proposes to reduce shadow banking, decentralize financial services from too-big-to-fail banks, improve regulation, and realign the private and the public sector with transparent monetary policy.

Nobel Laureate Robert Engle on VaR, Systemic Risk, and Liquidity

Nobel laureate Robert Engle discusses the development of the ARCH model, the global financial crisis, systemic risk, and forecasting liquidity with ARCH models.



By continuing to use the site, you agree to the use of cookies. more information

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.

Close