A unique data set provides fresh insights for the growing institutional investor market
Good ideas may be scarce, capital to fund them is not
Skewness, measuring the range of biases, strongly suggests rate moves
Loans that include a sweetener or penalty tied to ESG performance seem to induce more honest reporting
Andrea Eisfeldt finds that hedge funds with infrastructure to execute sophisticated arbitrage crowd out less-expert investors
Doing worse than mom and dad is a drag on the entire economy
Investors in leveraged companies take on extra risk, but research indicates they see no offsetting return
Daily, weekly and monthly contribution schemes gauge behavior
Tyler Muir finds that neither war nor deep recession darkens investor sentiment like sudden turmoil in the financial system
They don’t trade at an absolute equal to intrinsic value, despite their image as the world’s investment bedrock
Not part of financial reporting, trademark activity predicts stock returns
In wild markets, do the most dated prices actually reduce redemptions?
Companies that take longer than expected to announce results may be buying time for accounting tricks
Private equity investors weigh the total cost of capital — not just debt, but equity as well — when pursuing buyouts
As major central banks adopt digital currency, emerging countries will feel mixed effects