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
‘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
Calstrs carried interest payments to private equity managers fall as exits slow – Private Equity News
Slowing exits lead to reduced carried interest payments. Is this indigestion from overpriced deals? Will it lead to markdowns? Yet Calstrs needs to keep feeding the Private Equity beast. https://www.penews.com/articles/calstrs-carried-interest-payments-to-private-equity-managers-fall-as-exits-slow-20191107
Could Alexa, Siri and Google make us smarter savers?
Could Alexa, Siri and Google make us smarter savers? – https://www.ft.com/content/ec1b0da8-f584-11e9-a79c-bc9acae3b654?shareType=nongift 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 …
This explosive discovery about stock and bond returns will shake your views on investing – MarketWatch
https://www.marketwatch.com/story/this-explosive-discovery-about-stock-and-bond-returns-will-shake-your-views-on-investing-2019-09-27
Federal government has dramatically expanded exposure to risky mortgages – The Washington Post
They’re back. Risky mortgages return. I’m surprised 10 years after crisis a better measure than debt to income ratio hasn’t emerged. Residual income should be considered as preferred measure of mortgage risk. https://www.washingtonpost.com/business/economy/federal-government-has-dramatically-expanded-exposure-to-risky-mortgages/2019/10/02/d862ab40-ce79-11e9-87fa-8501a456c003_story.html
Starting university? Lesson one is how to budget
Starting university? Lesson one is how to budget – https://on.ft.com/2nEqmxg via @FT
Goldman Sachs Tries Banking for the Masses. It’s Been a Struggle. – The Wall Street Journal.
Goldman Sachs Tries Banking for the Masses. It’s Been a Struggle. https://www.wsj.com/articles/goldman-sachs-tries-banking-for-the-masses-its-been-a-struggle-11569643252