An eminent trend in the long-only space that has gained traction in recent years is a shift by institutional investors toward more stringent liquidity terms. Investors in Europe more than any other region have led the way, with their focus … Continue reading
The U.S. government is currently auctioning upwards of 180,000 foreclosed residential properties to private buyers. Apparently, however, this is just the tip of the iceberg. Morgan Stanley projects that over the next five years, some 7.5 million foreclosed single-family homes … Continue reading
In recent years, the communication habits of individuals and organizations have been largely influenced by the proliferation of social media. When Myspace was launched in 2003, exchanging messages on this platform was considered a novel extracurricular activity reserved for young … Continue reading
Since its inception in the early 1980s on the proprietary-trading desk of Solomon Brothers, fixed-income arbitrage has been a controversial strategy. Many believe it to be a highly risky and opaque gamble due to its dependence on large amounts of … Continue reading
Switzerland has long been a financial hub due to the country’s stable currency, fiscal conservatism, and well-insulated position from global political events. However, with investors’ recent flight to franc, which has pushed the value of the currency to record highs … Continue reading