CFA Institute

AUGUST 10, 2023

Prior to joining Northern Trust, he was a research analyst at Nuveen Investments where he co-managed two income funds and worked on asset valuation and asset allocation research. Fang has worked in quantitative finance since 2009 and specializes in quantitative research, portfolio management, and risk modeling.

Marketing

Musings on Markets

JULY 31, 2025

On the other, I worry about people using these premiums in their valuations, without understanding the choices and assumptions that I had to make to get to them. These market-determined numbers will reflect events on the ground almost instantaneously, albeit with more volatility than ratings.

Numbers

Musings on Markets

APRIL 20, 2025

When markets are in free fall, there is a great deal of advice that is meted out to investors, and one is to just buy the dip , i.e., buy beaten down stocks, in the hope that they will recover, or the entire market, if it is down. The evidence for this strategy comes from many sources.

Investments

The Finance Weekly

OCTOBER 29, 2024

Business Valuation - Determining the value of assets or entire companies. Next, use an appropriate valuation method for each division to estimate their individual worth. The DCF model is flexible, but small changes in assumptions—like the discount rate or expected cash flows—can significantly impact the final valuation.

Financial Modeling

CFA Institute

APRIL 3, 2025

Cathy Scott is a director of Research Product and Services and the editor of Enterprising Investor at CFA Institute.

Valuation

E78 Partners

NOVEMBER 25, 2024

This guide explores why transaction services are vital, the roles within transaction teams, and the advantages of embracing digital payments with E78 to stay ahead in an ever-changing market. The team helps clients understand each deal’s potential returns and risks by providing accurate valuations and financial models.

Securities

Musings on Markets

JANUARY 28, 2025

It was an interesting year for interest rates in the United States, one in which we got more evidence on the limited power that central banks have to alter the trajectory of market interest rates. We started 2024 with the consensus wisdom that rates would drop during the year, driven by expectations of rate cuts from the Fed.

Banking

CFA Institute

MAY 14, 2025

He has a diverse and a rich portfolio of research that spans big data analytics, health informatics, financial technologies, information security, privacy and valuation, intellectual property rights, online market design, and business impacts of technology.

Investments

Future CFO

JUNE 10, 2025

Considering these findings, CGS expects Southeast Asian ESG to remain an attractive investment theme due to the regional economic growth that remains above the global average, as well as to the fact that inflation is not a major problem in the region's key markets.

Investments

Barry Ritholtz

APRIL 17, 2025

If only there were some ways to prevent investors from interfering with the markets greatest strength the incomparable and guaranteed ability to create wealth by compounding over time. Drawdowns, corrections, and crashes are not the problem your behavior in response to market turmoil is what causes long-term financial harm.

Investments

Global Finance

DECEMBER 6, 2024

Despite these challenges, our overall outlook remains optimistic, with a strong economy providing a solid foundation for global markets. As the Federal Reserve embarks on a rate-cutting cycle, we anticipate a gradual decline in US Treasury rates, which could support equity valuations and enhance the appeal of income-oriented strategies.

Banking

Global Finance

AUGUST 11, 2025

The Middle East has become an area of intense focus and investment for banks, driven by rapid digital adoption, economic diversification—underscored by such ambitious investment projects as Saudi Arabia’s Vision 2030 and the United Arab Emirates’ Vision 2030—and the region’s emergence as a global trade and logistics hub.

Cash Management

Musings on Markets

FEBRUARY 18, 2025

The second was a comment that I made on a LinkedIn post that had built on my implied equity premium approach to the Indian market but had run into a roadblock because of an assumption that, in an efficient market, the return on equity would equate to the cost of equity.

Marketing

E78 Partners

MARCH 28, 2025

trillion in global dry powder waiting to be deployed, and signs of an improving IPO market , PE firms are adapting to drive returns. Growth, Operational Efficiency and Margin Improvement: The Profitability Triad In 2025, with economic slowdowns tightening growth, private equity sponsors face extended holding periodsaveraging 6.7

Mergers and Acquisitions (M&A)

Global Finance

JUNE 9, 2025

More recently, the lab launched its “beyondbanking” initiative, an effort to identify nonfinancial markets that OTP Group could penetrate. It partners primarily with startups in Series A and Series B rounds of investments—those that have already demonstrated strong market traction and a market fit for their products.

Startups

E78 Partners

MARCH 21, 2025

Approaches to Investing in Portfolio Companies Private equity firms use different strategies when investing in PortCos, depending on their risk tolerance, market conditions, and value-creation opportunities. Frequently used in fragmented industries where consolidation can drive efficiency and market dominance.

Mergers and Acquisitions (M&A)

Global Finance

DECEMBER 26, 2024

Citi Velocity is the winner of three awardsBest End-to-End Processing, Best Data and Analytics Platform, and Best Big Picture View of Positionsand provides extensive data coverage including a wide range of market data, including equities, fixed income, currencies, commodities, and derivatives.

Foreign Exchange

The Big Picture

JULY 1, 2025

Bachelor’s in economics and a BS in computer science from Wellesley in Boston and then an MBA from Harvard Business School. So it was Pascal then c plus plus, and then I took an economics class and that’s when the lights went off because it was a very mathematical field in many ways, but also with a link to the Rio economy.

Investments

E78 Partners

JUNE 12, 2025

In today’s market, private equity firms recognize that acquisition alone no longer drives sufficient growth. In today’s competitive and high-cost market, sponsors rely on margin expansion to drive higher valuations and prepare portfolio companies for exit. In 2025, top-performing firms go beyond sourcing deals.

Prioritization

CFO News

FEBRUARY 17, 2025

As India steps into 2025, the economy finds itself at a crossroads, marked by ambitious reforms, shifting market dynamics, and persistent challenges. Despite keen efforts, obstacles like unemployment and rupee valuation remain a pressing issue.

Valuation

Global Finance

DECEMBER 26, 2024

Capital markets have seen a dramatic rise in the valuation of digital currencies over the last couple of months. For example, Norways sovereign fund has become a cryptocurrency market leader by investing in crypto-related businesses. The UK has approximately 61,200 BTC, according to the reports authors.

Banking

CFA Institute

MAY 25, 2023

She is interested in valuation and data analysis and plans to study for a master's degree and pursue the CFA charter. He currently serves as Director of the new Financial Planning and Wealth Management major at George Mason and founded the first student-managed investment fund at GMU.

Concentration

CFO Talks

JANUARY 30, 2025

Whether its breaking into new markets, attaining cash flow positivity, or preparing for an exit strategy, the vision must be clear and measurable. His approach involves working backward from desired outcomes, such as an EBITDA goal or exit valuation, and breaking these down into actionable steps and KPIs.

Communication

CFA Institute

MARCH 4, 2024

Massimiliano Saccone, CFA, is the founder and CEO of XTAL Strategies, a fintech SME developing a platform of innovative private market indices and risk-transfer solutions. He is also a Lieutenant of the Reserve of the Guardia di Finanza, the Italian financial law enforcement agency.

Valuation

Global Finance

MAY 1, 2025

Mounting recession fears, renewed trade tensions, and shifting political winds are weighing heavily on corporate dealmakers and private equity firmsparticularly in the US, where valuations remain flat. Deals got done in Q1 but it has been slow and will probably get slower as the year progresses. Safe to say, that hasnt happened.

Mergers and Acquisitions (M&A)

Barry Ritholtz

MAY 1, 2025

These days, turning on the TV to get the latest news about the markets and the economy can be enough to send anyone into panic mode. The second section of your book focuses on Bad Numbers, or in other words, misleading numbers that could drive the economy, the markets and ultimately, your investments. How useful is management guidance?

Investments

CFO Strategic Partners

APRIL 14, 2025

Ultimately, lack of financial know-how can leave you unprepared for shifting economic conditions that could undermine revenue and growth. Invest – Beyond your savings, you’ll also want to invest in key areas like talent, technology, and marketing so that you can scale.

Mergers and Acquisitions (M&A)

Nerd's Eye View

JULY 2, 2025

The first half of 2025 has been a wild ride, both in terms of news headlines and market movements. From tariffs, a market correction, and an escalating conflict in the Middle East to the dollar reaching a three-year low, the investment landscape presented many reasons for concern. in April. While the U.S. So far, though, the U.S.

Marketing

Musings on Markets

FEBRUARY 12, 2025

Profitability - Absolute and Relative While we may all agree with the proverbial bottom line being profits, there seems to be no consensus on how best to measure profitability, either from an accounting or an economic perspective. As you move from down the income statement , the percentage of firms that report negative earnings decreases.

Hurdle Rate

Barry Ritholtz

FEBRUARY 24, 2025

Move fast and break things may work in Silicon Valley, but it is not what market participants want from the White House (or the Federal Reserve). There are economic risks, market risks, systemic factors, currency risks, constitutional questions, and ultimately, the standing of the United States as a global superpower and ally.

Currencies

Embark With Us

JULY 31, 2025

But while the outcomes of R&D can transform markets, accounting for these costs often presents significant complexity. ✅ Pilot plants : Operating at a scale not yet economically feasible for commercial production. ✅ Engineering : Work needed to achieve a commercially viable product that meets specific functional and economic specs.

Accounting

E78 Partners

APRIL 3, 2025

His teams floated everything from a 20% flat rate to tailored reciprocal hikes, and the outcome hinges on how much economic pain everyoneU.S. Can you pass them on without losing market share? Build a watchlist, but temper valuations for trade-war volatility. Third, a long-shot reset : If tariffs somehow turbocharge U.S.

Currencies

CFA Institute

DECEMBER 15, 2023

Schumacher is actively engaged with various local nonprofits and guest lectures to graduate students about the global economy and financial markets. Schumacher is a chartered financial analyst (CFA). He and his wife have two children and enjoy spending time in the Colorado outdoors.

Nonprofit

Barry Ritholtz

APRIL 8, 2025

But let’s start with your background in your career, applied mathematics and economics from Brown and then a Harvard MBA. I mean, I can’t tell you how, to your point, that flywheel between moving up market into institutions feeds your self-directed business. We’ll, we’ll get into that in a little bit.

Mergers and Acquisitions (M&A)

The Big Picture

JULY 15, 2025

But before we get to that, let’s start with Bachelor’s in economics from Hamilton, MBA from NYU. And a friend of mine who had gotten fired from this economic consulting firm, got a job at Chase Econometrics, IDC, and said, you have to come over here. Barry Ritholtz : I’m, I’m thrilled to have you.

Investments

Global Finance

APRIL 5, 2025

Market participants entered the year hoping for a robust revival in M&A, IPO, and debt financing activities. The market was, in many ways, still grappling with the hangover from the previous years stagnation. That said, market dynamics dont necessarily spell doom and gloom across all regions and sectors.

Investments

Global Finance

OCTOBER 29, 2024

Meghan Robson: The economic landscape has been positive and driven credit spreads to multiyear tights. Data has been better than we expected, not only in the labor market but also consumer spending remains very resilient. The market still expects that the Fed will be able to continue rate cuts at a regular cadence into next year.

Economics