Vanguard and the US financial system: too big to be healthy?
https://amp-ft-com.cdn.ampproject.org/c/s/amp.ft.com/content/9414052a-3142-11ea-9703-eea0cae3f0de
Time for the Big Four to rethink auditing’s purpose
Time for the Big Four to rethink auditing’s purpose – https://on.ft.com/2N7MVEm via @FT
JPMorgan to ban fintech apps from using customer passwords
JPMorgan to ban fintech apps from using customer passwords – https://on.ft.com/37uHHdl via @FT
The rise of ‘quantamental’ investing: where man and machine meet
https://amp.ft.com/content/f1276122-ec19-11e8-8180-9cf212677a57
Sweeping overhaul to audit proposed by government review
Sweeping overhaul to audit proposed by government review – https://on.ft.com/36IhFD4 via @FT
Goldman plans to bring wealth management to the masses
https://amp-ft-com.cdn.ampproject.org/c/s/amp.ft.com/content/56eb2fa8-1931-11ea-97df-cc63de1d73f4
Are Leveraged Loan Funds a Liquidity Time Bomb?
Are Leveraged Loan Funds a Liquidity Time Bomb? https://www.linkedin.com/pulse/leveraged-loan-funds-liquidity-time-bomb-rod-dubitsky
‘Peak’ private-equity fears spread across pension world – Finance & Commerce
What happens when pensions wake-up to the fact that PE excess returns are zero after adjusting for all risks? https://finance-commerce.com/2019/12/peak-private-equity-fears-spread-across-pension-world/
Asset allocation specialists are the new snake oil salesmen
Asset allocation specialists are the new snake oil salesmen – https://on.ft.com/2K9qT2q via @FT
Beware the private equity echo chamber
This article raises 3 key issues related to private equity – 1) when there is a failed IPO do the PEs mark down the private valuation on the assumption that failed IPO implies that private value is too high?, 2) what is the process to ensure private sales and/or swaps are properly valued and arm’s …