The risky business of investing
The number of different kinds of risk institutional investors must consider is overwhelming. We risked trying to make a list and, at the risk of sounding boastful, the result is worth a read.
Kevin Warsh’s strong views on economic governance, and his precocious nature, will hold him in good stead as he takes the reins of the US Federal Reserve. For investors, his views on the conflating of monetary and fiscal policy are key considerations to watch.
The number of different kinds of risk institutional investors must consider is overwhelming. We risked trying to make a list and, at the risk of sounding boastful, the result is worth a read.
Steve Ross was a pioneer of fields such as asset pricing, investment management and corporate finance. His colleagues at MIT and Caltech regarded him as generous and kind.
The finance industry has relied on its low barriers to entry, high fees and complex language that has created enduring principal/agent problems that restrict transparency and accountability.
Nobel Laureate, Professor Robert Shiller, will speak at the Fiduciary Investors Symposium at Yale School of Management from October 23-25.
Governance experts say that paying competitive salaries for internal staff will have benefits across the entire fund. For some, including those working in public sector pension funds or profit-to-member funds, that is unpalatable. But a comparison of salaries and total investment costs, between two large, different and high profile funds – Ontario Teachers and CalPERS
Editorial