Search Funds: A Strategic Investment in Underserved Markets
Investors seeking to diversify their holdings away from traditional private equity may…
Book Review: Financial Statement Analysis for Value Investing
Financial Statement Analysis for Value Investing. 2025. Stephen Penman and Peter Pope.…
AI in Investment Management: 5 Lessons From the Front Lines
The investment management industry stands at a pivotal juncture, where artificial intelligence…
The Little-Known Credit Holding Up the Clean Fuel Market
For investors watching the energy transition unfold, the surge in prices of…
Private Credit’s Surge Has Investors Excited and Regulators Concerned
Private credit has rapidly evolved from a niche asset class into a…
Currency Coordination Looks Riskier Today
The Taiwan dollar’s rapid appreciation in the second quarter led to speculation…
Maladapted Industries: The Risk of Artificial Selection by the State
What happens when an industry survives not by producing products consumers desire,…
Think We’ve Seen the Last +1,000-BPS High Yield Spread? Think Again
Some high yield market participants claim the days of +1,000-basis-point (bps) spreads…
Capital Formation in Africa: A Case for Private Markets
Executive Summary This CFA Institute report examines the challenges surrounding capital formation…
Tariffs, Inflation, and Returns: How Investments Respond to Supply Shocks
Tariffs have reclaimed the economic spotlight. But with their timing and magnitude…
