(Valuewalk) In “Skin or Skim? Inside Investment and Hedge Fund Performance,” by NYU Stern Finance Professor Arpit Gupta and co-author Kunal Sachdeva of Columbia Business School, the researchers documented the role that inside investment plays in managerial compensation and fund […]

(Harvest) After running hard in 2017, global equity markets may find it more difficult to maintain pace in 2018. Although we think the economic backdrop is likely to remain largely unchanged in the new year, we see a more entrenched […]

(Harvest) At the end of the year, investors will review their asset allocation decisions. Often investors will think about their pie chart exposures to different asset classes and strategies. Too often the focus is on asset class allocations and not […]

(Harvest) My guest this week is Chris Dixon, who has written some of my favorite essays on technology and venture investing. Chris is a prolific investor and thinker, having been an entrepreneur, angel investor, and now partner at the well […]

(TheStreet.com) Activists typically pressure corporations with a lot of cash to launch a buyback or issue a special dividend…Activist investor Glenn Welling of Engaged Capital succeeded last year in getting two directors installed onto the board of Benchmark Electronics Inc. […]

(Reuters) Spanish stocks fell after Catalan separatists won a slim majority in a regional election, deepening a political crisis which has hurt the economy and caused a business exodus from the region. Spain’s IBEX .IBEX fell 1.2 percent after voters […]

(Reuters) China’s banking regulator warned on Friday that some “risks and hidden dangers” exist in the rapid growth of business between commercial banks and trust firms.In a statement on its website, China’s Banking Regulatory Commission (CBRC) said commercial banks are […]

(Valuewalk) New hedge fund launches exceeded liquidations on a quarterly basis for the first time in over two years, as improved investor risk tolerance and declining costs drove total hedge funds industry capital to a record $3.16 trillion in 3Q17. […]

(Bloomberg) Over the coming year Europe’s collateralized loan obligation market will build on the themes that helped it smash through record after record in 2017. New issue volume hit 20 billion euros ($23.7 billion) this year, the most since the […]

(Harvest) We’ve been seeing more and more commentaries discussing bad stuff that can happen when the Fed tightens policy and, as a result, the yield curve flattens. (See, for example, this piece from Citi Research and ZeroHedge.) No doubt, the […]

(Harvest) Around the world, many investors are turning to alternative assets to increase yield in the current low — or even negative — interest-rate environment. The Economist Intelligence Unit (EIU), sponsored by Northern Trust, sought to ascertain the importance of […]

(The Business Insider) As the US auto market has boomed in 2015 and 2016, setting new sales records, analysts have become preoccupied with so-called “subprime” lending, and especially with a subset of subprime known as “deep subprime.” Because auto loans […]