Bruce Phelps, Head of IAS at PGIM, joins the CFA Institute to discuss why comparing private and public asset class reported performance can be misleading.
Are stocks and bonds good in the long game? What are the best long-term investment options? In this episode, we speak to Professor Scott Cederburg about the nuance surrounding the stock market, bonds, and other investment types in the long term. He has a Ph.D. in Finance from the University of Iowa and is currently the…
Investors seeking to add exposure in their portfolios to equity styles such as growth, value, dividend or low volatility can choose from an array of options across index providers. Investors understand that different indexes dedicated to the same style often produce significantly different results, but this was especially…
The divergence of performance last year among supposedly similar indexes may surprise some investors. In this short video, Michael Hunstad analyzes what happened.
In this episode, Jocelyn and Chris are joined by Jad Stella, Senior Director of Private Investments at Cambridge Associates. Together they examine the data at the foundation of Cambridge Associates’ benchmarks, their most common use cases, and the risk and returns that drive differentiation between private investment…
The number of ways we can use AI is exploding, and it’s expected to change how entire industries function. Chicago Booth professor Maximilian Muhn and PhD student Alex Kim studied whether ChatGPT can simplify information and improve outcomes for investors. They share how AI summarizes inputs like annual reports and…
There are many methods for conducting performance attribution with portfolios containing only liquid assets. A lack of periodic asset return data and a clear definition of what constitutes an appropriate market benchmark thwarts efforts to perform similar types of attribution analyses for portfolios of private equity funds (…
You might think that the return profile of the market looks similar during the day and overnight. But research has shown that isn't the case. In this episode, we discuss the "Night Effect" with NightShares founder Bruce Lavine. We discuss what the "Night Effect' is, what causes it, how it stands up…
The staying power of the private equity industry is also highlighted by the significant decline in the number of publicly traded firms during the last 20 years, declining from a peak of almost 7,000 in 2000 to about 3,000 by the end of 2020. What has been the driving force behind the growth in the private equity industry and…
Join Deputy Head of Emerging Market Debt and Portfolio Manager, EM Hard Currency, Aaron Grehan and Investment Director, Barney Goodchild on 27 October as they discuss why so many Emerging Market Debt managers are underperforming. In search of answers, Aaron and Barney have analysed historical returns for over 100 EMD Hard…
In this webinar, Aviva Investors explores how a simple but underused metric can help investors to assess the relative performance of fund managers over time.
