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Private Real Estate Fund Categories: A Risk/Return Assessment

CFA Institute

Based on the risk-adjusted performance of all three categories of private real estate funds, investors are paying billions in economically unwarranted fees.

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ESG and the Commons: From Tragedy to Governance?

CFA Institute

Sustainable investing will become the rule and no longer the exception. But this transition comes amid a disquieting change in how we must view capital, production, and their attendant effects.

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Hiring and Firing Portfolio Managers: Process and Outcomes

CFA Institute

Evaluating good investment performance is not just tabulating outcomes, says Robert G. Hagstrom, CFA.

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10 Open Questions for All Professional Investors

CFA Institute

The investment profession has some pretty intense open questions.

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Global Financial Health Check-Up: What’s the Prognosis?

CFA Institute

How does their current status compare with the days preceding the global financial crisis? How healthy are the bank and non-bank sectors across the globe?

Banking 52
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Aswath Damodaran on the Disruption Dilemma

CFA Institute

"What makes us uncomfortable about disruption is the uncertainty it brings into every number that we measure," says Aswath Damodaran.

Numbers 52
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The Intangible Valuation Renaissance: Five Methods

CFA Institute

Intangible assets are increasingly critical to corporate value, and new valuation methods need to be deployed to accurately calculate their worth.