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…
Women in Alts: Leading with Inspiration, Intuition, and Impact
Women investing in alternatives aren’t just building wealth — they’re reshaping the…
The Downgrade Is Done. The Investor Response Is Just Beginning
For global investors and institutional asset managers, Moody’s downgrade of US sovereign…
Tariffs and Returns: Lessons from 150 Years of Market History
Trade tariffs are back — reshaping markets and raising critical questions for…
Vices, Virtues, and a Little Humor: 30 Quotes from Financial History
Why do smart investors repeat the same mistakes generation after generation? Because…
Private Equity at a Crossroads: A Conversation with Ludovic Phalippou
Ludovic Phalippou, PhD, Professor of Financial Economics at Oxford University, has become…
AI Bias by Design: What the Claude Prompt Leak Reveals for Investment Professionals
The promise of generative AI is speed and scale, but the hidden…
