Research and Policy Center Five Most Popular Articles of 2023: Capital Markets

The “Mercer CFA Institute Global Pension Index 2023” takes the highest spot. The CFA Institute Research and Policy Center (RPC) focuses on 4 forward-looking analysis themes to drive content material engagement, motion, and outcomes. These themes are Capital Markets (Strengthening the Structural Resiliency of Capital Markets); Technology (Understanding the Latest Developments in Data Analytics, Technology, and Automation); Industry Future (Providing … Read More

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The FX Swap Market: Growing in the Shadows

Introduction The overseas alternate (FX) swap market generates nearly $4 trillion in new contracts on any given day. To place that in perspective, think about international equities had a day by day buying and selling quantity of 12 billion. Such an infinite market must be each clear and effectively regulated. But the quickly increasing FX swap market is neither; it’s … Read More

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Mergers and Acquisitions in Quebec

Quebec — La Belle Province — has skilled a big uptick in mergers and acquisitions (M&A) deal exercise amongst small-cap corporations since early autumn. Thus far, non-public fairness corporations and strategic traders have acquired a number of Quebec-based corporations at wholesome premiums. What do they know that different traders don’t? For a while, my colleagues and I’ve been beating the … Read More

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Research and Policy Center Top 10 Articles of 2023

“Future State of the Investment Industry” resonates. CFA Institute launched its Research and Policy Center (RPC) this 12 months to be a optimistic influencing drive within the international funding trade, remodeling analysis insights into actions that strengthen markets, advance ethics, and enhance investor outcomes for the final word good thing about society. The RPC brings collectively CFA Institute experience together … Read More

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Review of Poor Charlie’s Almanack

Book Review: Poor Charlie’s Almanack

Poor Charlie’s Almanack: The Essential Wit and Wisdom of Charles T. Munger . 2023. Edited by Peter D. Kaufman. Pankajsihag Press. Many sources offer advice to improve our diets, and a similar abundance of guidance exists to enhance our investment returns. The late Charlie Munger, longtime vice chair of Berkshire Hathaway, provides his insights in Poor Charlie’s Almanack: The Essential … Read More

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Exploring Bitcoin Valuation: An Overview of Four Approaches | CFA Institute Enterprising Investor

Bitcoin Valuation: Four Methods | CFA Institute Enterprising Investor

Key Points Bitcoin valuation is challenging due to its unconventional nature, lacking typical characteristics of traditional assets. There are four approaches to bitcoin valuation: comparing it to alternatives, basing it on production costs, looking at the US dollar, and measuring the conviction of bitcoin holders. Bitcoin’s value can be compared to asset classes like gold, and its market capitalization could … Read More

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Build Confidence! | CFA Institute Enterprising Investor

Create Trust! | CFA Institute Enterprising Investor

Susan Spinner, CFA, recently interviewed Rhodri Preece, CFA, about “Earning Investors’ Trust,” the new study from CFA Institute. For a long time, many financial sector actors believed in a truncated interpretation of Adam Smith’s insight that the pursuit of personal gain promotes the common good. However, after the global financial crisis (GFC), this mindset is no longer tenable. If it … Read More

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