Higher Interest Rates: Some Hedge Fund Strategies May Benefit
Where are rising interest rates a good thing? With inflation at 40-year highs, the US Federal Reserve lifted its target range for the federal funds rate by 25 basis points…
Where are rising interest rates a good thing? With inflation at 40-year highs, the US Federal Reserve lifted its target range for the federal funds rate by 25 basis points…
Inflation is perhaps the least understood phenomenon in all of economics. Once thought to be driven strictly by monetary factors, inflation today is seen as much more nuanced and complicated.…
“If we thought of the equity premium as a fear premium — if we had the luxury of going back 60 years and labeling it a fear premium — a…
Effective environmental, social, and governance (ESG) investing requires a balance between pursuing the mission and achieving the required returns. That means making decisions that are part art, part science. Strong…
Introduction Much of the crypto world is, by definition, cryptic and difficult to understand. But two crypto trends are crystal clear: Both talent and money are flooding into the digital…
Globalization is besieged on multiple fronts. Two years after the outbreak of the COVID-19 pandemic and amid growing geopolitical unrest, the decades-long disinflationary headwind has reversed. Many multinationals have taken…
Public perception of gender equality issues runs in a repetitive cycle. We’ve all seen it. A scandal breaks out, or a study discovers yet another damaging disparity. Think pieces are…
How much would the US government be worth if we valued it using a discounted cash flow (DCF) model like any other firm? A new paper by Zhengyang Jiang, Hanno…
Damsel in Distressed: My Life in the Golden Age of Hedge Funds. 2021. Dominique Mielle. Post Hill Press. In Damsel in Distressed, Dominique Mielle educates and enchants with a mesmerizing…
“One of the most vexing problems in investment management is that diversification seems to disappear when investors need it the most.” — Sébastien Page , CFA, and Robert A. Panariello, CFA, “When…