Worldwide deal activity totaled $4.0 trillion during 2018, an increase of 19% compared to 2017, and only the third year on record M&A has passed the $4 trillion milestone.
For most of the last decade we have lived in what has often been termed a “Goldilocks economy.” Much as the fair-haired, home-invading subject of the children’s story found one bowl of porridge to be “just right,” eco
2018 has been one of the most difficult years for bonds over the last 10 years. The reasons behind this underperformance are different to those upsetting the financial markets of 2008.
Merger arbitrage performance in November was bolstered by deals that received key regulatory approvals, including “green lights” from the Chinese regulatory authority. Specifically:
The US dollar was a clear winner in 2018 as it was one of the very few assets to register gains.
Few would have predicted 10 years ago the meteoric rise of private equity. In 2017, US private equity firms raised $621 billion, the most in a decade.
Unless oil prices collapse, energy stocks now appear to be cheap, Russ Koesterich, CFA, Portfolio Manager for the BGF Global Allocation Fund explains.
A few months ago, a great manager and friend, a faithful follower of the philosophy of value investing, told me that he had introduced ESG criteria into his analysis, and that he considered them a source of competitiv
A trio of 2018 milestones show that iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) is now an indispensable investment tool.