What Can AI Do for Investment Portfolios? A Case Study
Artificial intelligence (AI)-based strategies are being increasingly applied in investing and portfolio management. Their contexts, utility, and results vary widely, as do their ethical implications. Yet for a technology that…
Frontier and Emerging Markets: Inflection Points
Today’s spiking inflation, rising interest rates, and billion-dollar investment frauds are good reminders that a clear understanding of the past helps us better anticipate the future. Indeed, it can provide…
Myth-Busting: Alts’ Uncorrelated Returns Diversify Portfolios
Introduction Alternative investments accounted for $13 trillion in assets under management (AUM) in 2021, nearly twice what it was 2015. By 2026, that figure is expected to reach more than…
Private Markets: Guardians at the Gate?
Earlier this year, the head of the US Department of Justice’s anti-trust unit vowed to crack down on the buyout sector’s aggressive deal-making practices. What that implied wasn’t entirely clear.…
Every Day Is Tax Day: Five Tax Strategies for HNW Clients
Tax season in the United States shouldn’t be confined to March and April alone. Our clients’ taxes and the tax-savings strategies we can devise for them should be on our…
Will They, or Won’t They? The Risk of Betting on the Fed
The world economy stared into the abyss on 16 March 2020. COVID-19 had sent country after country into lockdown, disrupting manufacturing supply chains and service sectors. Global US dollar liquidity…
ESG Fixed-Income Exposure: Index Providers Respond to Asset Manager Demand
What does the latest Index Industry Association (IIA) global membership survey reveal about current trends in indexes and benchmarks? Chief among the key data points is that the rapid expansion…
Have Central Bank Interventions Repriced Corporate Credit? Part 1
In the early days of the COVID-19 pandemic, the Federal Open Market Committee (FOMC) announced primary and secondary market corporate bond purchase programs as part of its response to the…
FTX: Crypto Is the Cure, Not the Cause
FTX is simultaneously the biggest fraud and the culmination of the largest banking crisis in the history of the crypto industry. But the FTX debacle has very little to do…
Manager Selection: The Power of Payoff
The most important portfolio manager skill metric is often overlooked. I often hear fund managers say, “I only need to get it right slightly more than 50% of the time.”…
