From Darwin to Wall Street: A Rebuttal
This article is a rebuttal to Drew Estes’s “From Darwin to Wall Street: Harnessing Evolutionary Theory for Smarter Investments.” In ... Read more
Aging Populations Demand Urgent Pension Reforms: Are We Prepared?
The world is aging at a much faster rate than we previously anticipated, even 10 years ago. Following the pandemic, ... Read more
Escaping the Benchmark Trap: A Guide for Smarter Investing
Pim van Vliet, PhD, is the author of High Returns from Low Risk: A Remarkable Stock Market Paradox with Jan de ... Read more
The Tyranny of IRR: A Reality Check on Private Market Returns
Asset owners have dramatically increased their allocations to private markets over the past two decades, driven largely by a mistaken ... Read more
Research and Policy Center Top 10 Articles from 2024
In this Research Foundation book, edited by Alfonso Ricciardelli, CFA, and Philip Clements, CFA, practitioners introduce the key features of the ... Read more
Book Review: The M&A Failure Trap
The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed. 2024. Baruch Lev and Feng ... Read more
A Guide for Investment Analysts: Working with Historical Market Data
Q: How far back does the US stock and bond record go? A: Good data series are available from the ... Read more
A Reality Check on Private Markets: Part II
This is Part II of my series on performance measurement for private market funds and in particular on the difficulties ... Read more
Top 10 Posts from 2024: Private Markets, Stocks for the Long Run, Cap Rates, and Howard Marks
Asset owners have dramatically increased their allocations to private markets over the past two decades, driven largely by a mistaken ... Read more
From Equities to Real Assets: Key Trends Shaping Multi-Asset Investment
Multi-asset strategies are the supreme discipline in investment management. Managers of these strategies consider all asset classes worldwide as part ... Read more