(Bloomberg) -- In a world of overpriced assets there's one thing that keeps going on sale: volatility. The cost of protecting against a fall in the S&P 500 has dipped to a one-year low, according to equity derivatives strategists at...
(Bloomberg) -- Across the Charles River from Harvard Yard, the stewards of the university’s vast fortune were about to embark on an ambitious plan: they wanted to recreate a Wall Street-style hedge fund to trade stocks...
Global markets have entered a range-bound realm where recession does not appear to be on the horizon, yet growth prospects are tepid, at best. Welcome to the new mediocre...
Retirement plan keepers embracing the fiduciary rule. | Copyright Alex Wong, Getty Images
Many advisors not currently operating under a fiduciary standard were unhappy when the Department of Labor finalized its conflict of interest rule in Apr...
Last month, we hedged our equities overweight position ahead of the UK vote. We believe the decision to leave the EU will hurt the UK’s growth and heighten global uncertainties for some time to come. As a result, we further derisk our...
(Bloomberg) -- Say at the beginning of the year you knew how the British secession vote would turn out, and that Donald Trump would be nominated for U.S. president. Say you also foresaw an army uprising in Turkey, the fall of Brazil’s...
(Bloomberg) -- Equity investors jumping into the post-Brexit rally in emerging markets are underestimating the dangers of slowing economic growth and global political turmoil...
