The Latest
Research

Finance model says Biden will win

Joe Biden will win the US election according to a technique used in finance to predict factor returns and the correlation of stock and bond returns. The technique, outlined in an MIT working paper, correctly predicted the past five elections, including 2016.
Research

Alternative PE vehicles underperform

Alternative private equity vehicles underperform the associated main fund, new research from Harvard's Josh Lerner and MIT's Antoinette Schoar has shown for the first time - but skilled limited partners flip the script.
Research

A guide to long-term mandates

Focusing Capital on the Long Term has published a paper with 10 things asset owners and managers can do to negotiate deals that align their incentives – and thinking – with longer time horizons.
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