By Bill Kelly, CAIA Association CEO Benjamin Graham’s mythical Mr. Market remains alive and well. He continues to always be available, but is often irrational, emotional, and inefficient. These same characteristics embody why he could be looked upon as the de-facto patron saint for the month of October where the lore of drawdowns is legendary, […]
By Andrew Keenan, CAIA, CFA, CBP, Assistant Vice President – Valuation Risk and Control at Credit Suisse Overview The recent release of CAIA Association’s seminal report “The Next Decade of Alternative Investments: From Adolescence to Responsible Citizenship” underscored four key tenets for the investment industry to adhere to and emphasize in the years to come: […]
By Masao Matsuda, CAIA, FRM, Founder, Crossgates Investment and Risk Management In January 2020, the CAIA New York Chapter organized an event titled “Volatility? Downside Protection? Asset Allocation & Factor Management Tools for the Coming Decade.”[i] In retrospect, the event was uncannily prescient, as just a few months into the new decade the market has seen […]