By Claire Sawyer, Associate Director of Content Development, CAIA Association Crypto has come a long way from the days of Bitcoin pizza purchases and garage mining rigs. It’s evolved into a $2 trillion-plus asset class that’s now (to the clear exasperation of some investors) impossible to ignore. Despite this growing awareness and some […]
By William J. Kelly, CAIA, Founder & Managing Member, Educational Alpha LLC Anyone familiar with the London Underground will know this phase well. While the meaning of Mind The Gap is quite clear to anyone stepping on or off the Tube, it really is a case study in risk management. Most of us […]
By Victoria Tellez, Associate Director, FCLTGlobal Research The call for long-term decision-making has never been louder.[1] Evidence clearly demonstrates that investors who embrace a long-term outlook tend to outperform in the markets, and companies with a long-term mindset consistently deliver superior revenue growth, earnings, and job creation.[2] So, why do short-term pressures often […]
By Yannick Laurent, Research Analyst, YLF It’s no secret that the rise of private markets and ESG/impact investing were two of the most defining trends in asset management over the last decade. Private markets AUM reached a record $13.1 trillion in mid-2024, according to research by McKinsey, while impact strategies have grown by 10x […]
By William J. Kelly, CAIA, Founder & Managing Member, Educational Alpha LLC Atlas Shrugged, Humpty Dumpty Was Pushed, and Hippocrates Grieved… two published novels and a working title for a story unfolding in real time. Hippocrates, unlike the aforementioned characters of Greek mythology and fictional nursery rhymes, was the genuine article. He was a […]
by Daniil Shapiro, CFA, Director, Product Development, Cerulli Associates Further integrating alternatives into retail investor portfolios means placing the assets in convenient structures alongside public market exposures. A relative nearing retirement recently shared a snapshot of their investments, and topping the list is a credit interval fund from a private capital manager that would […]
By Aaron Filbeck, CAIA, CFA, CFP®, CIPM, FDP, Managing Director, Global Content Strategy, CAIA Association& John Bowman, CFA, Chief Executive Officer, CAIA Association In March, we convened our second of eight leadership roundtables in Los Angeles, bringing together ~15 CEOs, CIOs, and other senior investment professionals to discuss the next decade of our […]
By Steve Novakovic, CAIA, CFA, Managing Director of Educational Programming, CAIA Association In case you missed it, I recently published an article airing some of my grievances with benchmarking and performance analysis. As I warned in part 1, I’ve got a lot to say on the matter, so buckle up. Factor 3: “Peer”-group analysis […]
By Chris Schelling, CAIA, Managing Director of Private Markets at Caprock After years of disappointing returns, hedge funds had somewhat of a renaissance last year. The HFRI Fund Weighted Composite posted a gain of 9.75% for 2024, the best annual return in roughly a decade. And as we all know, investor dollars usually chase […]
By Claire Sawyer, Associate Director of Content Development, CAIA Association Like many things in public discourse these days, private equity tends to be characterized in a pretty extreme fashion. It’s either the haloed savior of modern capitalism or (perhaps more commonly) the mustache-twirling villain that’s destroying the planet and everything on it. From more […]