Navigating systemic risks: Ukraine, climate and crypto City Talk “You cannot anticipate exactly how these risks or dangers are going to play out… But we should be pretty assertive in insisting that we need certain principles, including enough capital buffers — that is, equity unencumbered by any kind of contingent debt or anything like that — that can really withstand shocks in the core [...]
Blockchain and DeFi: Drivers of change in asset management City Talk “The future of assets is tokenized.” That’s what Mona El Isa, the founder and CEO of Avantgarde Finance, told the audience at the Alpha Summit by CFA Institute in May this year. “If you make that assumption, you can totally re-imagine the infrastructure that finance is built on,” she continued. “You can see a totally automated operational and [...]
“Go back to basics”: valuations during COVID-19 City Talk Aswath Damodaran had some advice for the audience at the 73rd CFA Institute Annual Virtual Conference: don’t abandon valuation fundamentals during the coronavirus crisis. “It is precisely times like these that matter most,” said Damodaran, who is the Kerschner Family Chair Professor of Finance at the Stern School of Business at New York University. “You [...]
Navigating the “Recession Moment” August 9, 2019 “When is a recession going to come?” That’s the question Geraldine Sundstrom keeps getting from clients as a managing director and portfolio manager at PIMCO. But Sundstrom, who focuses on asset allocation strategies, doesn’t believe we are at the end of the economic cycle just yet. We are late in the game though, she explained at the 72nd CFA [...]
