The Age of the AI Agent The investment management industry stands at an evolutionary crossroads in its adoption of Artificial Intelligence (AI). AI agents are increasingly used in ...
On Progress and Prosperity: Essays 2019–2024. 2024. Laurence B. Siegel. Edited by Wayne Wagner. Montesquieu Press. Suppose you rolled into one individual an intense curiosity ...
For three decades, William Sharpe’s Arithmetic of Active Management, published in the Financial Analysts Journal in 1991, has been treated as near scripture for passive investing. ...
The Canadian pension plan system has long been lauded for its robust returns and resilience, especially in the face of volatile markets. One key aspect contributing to this success ...
Pim van Vliet, PhD, is the author of High Returns from Low Risk: A Remarkable Stock Market Paradox with Jan de Koning. In the world of professional investing, a scary obsession ...
Asset owners have dramatically increased their allocations to private markets over the past two decades, driven largely by a mistaken belief that private debt and equity deliver ...
This is Part II of my series on performance measurement for private market funds and in particular on the difficulties of using the internal rate return (IRR) measure as equivalent ...
Multi-asset strategies are the supreme discipline in investment management. Managers of these strategies consider all asset classes worldwide as part of their investment universe. ...
This is the final post in my three-part series on performance measurement for private market funds and the difficulties of using the internal rate of return (IRR) measure as ...
Early in my career, I missed out on promotions even though I worked hard. As an engineer by training, I assumed my success would be performance-based. I mistakenly thought that my ...
Many asset owners are adopting net-zero objectives to manage their investment exposure to climate change risk. A net-zero investment objective aims to attain net-zero portfolio ...
Are public pension funds truly delivering the returns they claim? The gap between private asset net asset values (NAVs) and their real market value, a phenomenon known as volatility ...
