Allocations to Private Markets have risen steadily over the last 20 years, partly as a result of lower prospective returns from traditional asset classes. The papers below consider a variety of key issues, including asset allocation principles, portfolio construction, governance, and an examination of a variety of PE sub-sectors. Cambridge Associates leads the way with their recent paper on co…
The expected risk premium for the Global Market Index (GMI) edged up in June, rising to an annualized 4.8%. Today’s revision reflects a modest gain over last month’s 4.5% projection. GMI is an unmanaged market-value-weighted portfolio that holds all the major asset classes (except cash). The performance estimate for the benchmark represents the ex ante […]
Deborah Ancona and Kate Isaacs, researchers at MIT Sloan School of Management, say many companies struggle to be nimble with a command-and-control leadership culture. They studied Xerox’s R&D outfit PARC and the materials science company W.L. Gore & Associates and found these highly innovative organizations have three kinds of leaders: entrepreneurial, enabling, and architecting…
CENTERED With H.E.R.O. Issue 8: A.I. for People In Need, Asian IoT-SaaS Partner of Amazon’s “AWS IoT Events” Worldwide Service What is the visibility and future ahead when markets are shrouded in a destabilizing and lulling yellow light instilled by the “Yellow Lantern” of fear? Akin to the “Yellow Lantern” antagonist in the American comic […]
CENTERED With H.E.R.O. Issue 6: Dassault-Medidata; Asian SaaS-AI Medical Imaging Software; “100X: Exponential Innovators in the H.E.R.O.’s Journey to Navigate the Volatile Uncertain World” The destabilizing force of easy money from growing rate-cut expectations and additional stimulus already impounded into the capital pricing mechanism has split the overall volatile market atom…