Behavioral finance theory offers some compelling explanations for financial crises, including the most recent one. Supplementing standard finance theory with behavioral and psychological criteria can help clarify investors' decision-making processes and explain the influence of behavioral biases in stock market crashes.
In this Executive Summary of the Trends 2020 survey report, conducted by the National Center for Family Philanthropy, it shares the updated trends on the governance and management practices of U.S. family foundations, and includes new questions relevant to ongoing changes in the field including issues of equity, place-based giving, transparenc...
Now that passive index investing has overtaken active management, learn why this might not be as scary for the industry as it may seem.
Direct indexing is gaining in popularity among investors. Is it poised to disrupt the ETF industry? Bloomberg turned to the veteran industry leaders to find out. Parametric’s CEO, Brian Langstraat, joined the Trillions podcast to discuss the origins of direct indexing, how it works, which investors it makes sense for, the benefits it can conf...
For investors, it's helpful to consider the forces that could impact the markets. Taking some time at the beginning of the year to pause, reflect on the past, and consider carefully how it informs you about the future is a valuable exercise. It allows you to thoughtfully consider the environment you are entering and explore some of the opportun...
More than a decade ago, central banks embarked on a highly unconventional monetary policy path—generally referred to as "quantitative easing." This made possible the longest recorded U.S. economic upswing in history. But can this monetary "magic" continue to work? It is up for debate and is the premise of this year's s...
While “gifting down” to younger generations has historically been the norm, it’s now increasingly common for children to accumulate more wealth than their living parents. This provides an opportunity for children to “gift up” or provide loans to help support parents—while pursuing income and estate tax planning. ...
While investing isn't the same as war, Sun Tzu's advice on preparation is still applicable. In looking ahead and preparing for what can happen, a set of key themes and investment implications emerge around fractured politics in 2020, trade war and the unloved expansion, and efficacy of monetary policy and negative yields.
The financial services sector was cited as one of the top industries likely to experience increase in deal activity in 2020, according to BDO’s US Private Capital Outlook. We take a deeper look at the trend in this episode of the Private Equity PErspectives Podcast. Todd Kinney speaks with Peter Nesvold, Chief Operating Officer, Financia...
For the first time, more than half of the CEOs surveyed believe the rate of global GDP growth will decline. This caution has translated into CEO’s low confidence in their own organization’s outlook. While this subdued outlook may cause concern, it is also not surprising. Shifting headlines around trade conflicts, climate change, politic...
In this episode, learn about the top four cyber security threats to business owners. In a discussion that took place during the National Cyber Security Awareness month, Information Security Officer, Gilli Shaw, and Marketing Director, Jen Dowd, dig into the top risks and how to prevent them. They cover the controls you can put in place to prot...
What are the top four cyber security threats and how can you protect yourself? In this podcast, Information Security Officer, Gilli Shaw, and Marketing Director, Jen Dowd, dig into these risks. In their discussion, they cover the need to have antivirus on every device that connects to the Internet; the risk of Internet of Things and smart devices p...
It is an open question whether investors in 2020 will remain as sanguine as they did in 2019. The U.S. and China are settling into a protracted battle over strategic interests, global economic growth is slowing, and central banks are running out of options. Meanwhile, political uncertainty is elevated with voters voicing their frustrations everywhe...
As technological advances are disrupting and transforming companies in every sector, the traditional investing landscape is also being disrupted. Venture capital is at the core of the transformation and has become a critical component of a long-term investment strategy. With the potential for attractive returns and significant impact to society, ve...
In seeking to evaluate the risk and return potential for a range of asset classes within the anticipated investment environment, there is caution given the deceleration in the economic cycle indicators that are monitored. A recession is not anticipated in 2020, but the conditions could change rapidly and investors should be prepared to make adjustm...