Handy Sandy:
analysing the hurricane

When Hurricane Sandy descended on the east coast of the United States and headed inland, it forced the closure of all the nation’s financial markets. Christopher Finger and Oleg Ruben at MSCI thought this was important because, although there are plenty of precedents for natural disasters in terms of economic impact, the storm was singular in forcing the closure of equity markets on Wall Street.

Well and good, but unexpected events such as market closures require some degree of assumption about risk modeling. The authors were driven by the need to find out whether those assumptions lived up to the potential of the havoc Sandy wreaked.

Read the report to make up your own mind.

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GIC, Temasek eye trillions of growth in climate adaptation market

GIC, Temasek eye trillions of growth in climate adaptation market

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Portfolio concentration and the fundamental law of active management

In this paper Joop Huij from the Rotterdam School of Management, Erasmus University and Jeroen Derwall from Tilburg University, School of Economics show the observed relation between portfolio concentration and performance is mostly driven by the breadth of the underlying fund strategies, not just by fund managers’ willingness to take big bets. mrec4inarticleinline Sponsored Content

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MSCI update on emerging markets

MSCI Barra takes a close look at the stock performance in various emerging markets, examining the differences to developed market stocks in the performance of particular sectors and styles.mrec4inarticleinline Sponsored Content scnative1 scnative2 scnative3

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