#Germany: Lead, follow, or get out of EU’s way! My political view from beautiful #FreiburgCathedral, Germany ..built around 700 years ago. What does Germany want to be when it grows up?
ActiveAllocator argues that investing passively now in traditional fixed income exposes investors to low expected returns, little scope for capital appreciation, significant interest rate risk, forsakes illiquidity premium, and excludes niches in credit investing. It presents a new lens and framework to re-imagine fixed income investing.
We suggest that market signals – the inverted yield curve, recent stock markets decline, global GDP slowdown etc, in itself is not a predictor of an inevitable US recession.
ActiveAllocator revises macro eco outlook for Switzerland. Forecast diverges from OECD and Wall Street consensus…
Excerpts from an interview to #InvestmentNews where I discuss illiquid real estate for retail investors
Shareholders before Stakeholders. Business ought not accede to the tyranny of the crowd. To do so is the path to poverty for any capitalist society.
Doping in sports is a strict no no – ethically and otherwise. Is usage of cognitive enhancers and stimulants to boost academic performance ok?
Rudyard Kipling’s book “The Man Who Would Be King” made into a flick with Sean Connery has some huge lessons on the difference between ‘Authority and Leadership’. I heartily reco this movie. My own takeaways
Notre Dame and other religious structures are oft referred to as ‘House of God’. Do we need God? I discuss attitudes to religion and God in this century
What’s with this obsession with free speech in liberal college campuses these days? My take
#ActiveAllocator helps you figure out if your financial advisor’s recommendations are are biased, subjective or just plain wrong. Trust but verify in 10 clicks, in 10 minutes, at 1/10 cost.
This deck introduces allocation considerations to private equity, hedge funds, managed futures, real estate and other illiquid and actively managed assets.
The market for #Art remains buoyant in 2019. However, we at #ActiveAllocator are unconvinced that Art can be classified as an ‘ alternative asset’ class to be rigorously included within investment portfolios.
Active Equity Management provides a comprehensive understanding of technical, fundamental, and economic signals used in equities trading. It explores in detail how such signals may be created, rigorously tested and successfully implemented. Filled with practitioner insights derived from years of experience in the hedge fund industry, and supported with academic theory, Active Equity Management provides an in-depth review of basic financial concepts, examines data sources useful for equities trading, and delves into popular seasonal effects and market indicators. It also highlights best practices in model development, portfolio construction, risk management, and execution. In combining topical thinking with the latest trends, research, and quantitative frameworks, Active Equity Management will help both the novice and the veteran practitioner understand the exciting world of equities trading.
ActiveAllocator approach to modeling Private Equity investment in Emerging Markets in portfolios – (1) use developed markets as starting point (2) scale up expected risk, return by EM public equities premium (3) add currency +- appreciation over holding period