Decision Attribution: Portfolio Manager Skill vs. Past Performance
uttu A portfolio manager’s job is to make decisions — all day, every day. Some of those decisions result…
Investment
Splitting the Risk: How to Manage Interest Rate Risk in Project Finance
Saudi Arabia’s economy is surging. The debt market tells the story: Banks in the Kingdom have extended more…
Book Review: The Enduring Value of Roger Murray
The Enduring Value of Roger Murray. 2022. Paul Johnson and Paul D. Sonkin. Columbia Business School Publishing. Who…
Redefining the Retirement Income Goal
The following is based on “Redefining the Optimal Retirement Income Strategy,” from the Financial Analysts Journal. Financial planning…
Presidential Election Cycle Theory: A Bullish 2023?
This year, 2023, is the heralded third year of the presidential election cycle. It has kicked off with…
Can Tracking Error Boost Index Funds’ After-Tax Returns?
Investors tend to view an index fund’s tracking error in a purely negative light. When a fund fails…
Decoding the Crypto Mindset with NLP: Bitcoin, Reddit, and FTX
The Bubble That Popped But Didn’t Deflate When financial bubbles burst, they usually, you know, burst. So, when…
Agency Capitalism in Private Markets: Who Watches the Agents?
Capitalists once invested and administered their own money. But beginning in the late 19th century, independent managers progressively…
The FX Global Code: Why Now Is the Time
Not for syndication. This article cannot be republished without the express permission of RBC Global Asset Management Inc.…
ChatGPT and the Future of Investment Management
Larry Cao, CFA, is the editor of The Handbook of Artificial Intelligence and Big Data Applications in Investments,…