Hints and tips:
...Then, the hidden leverage and maturity mismatch in pension funds’ and insurance companies’ portfolios — generally supposed to be long-only — could pose a policy challenge....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...There is for sure a debate to be had about when the Federal Reserve et al should have pivoted their stance more forcefully to tackle inflationary pressures, and what they should and shouldn’t do now....
...al...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Many French cinema owners, who are putting pressure on Cannes to resist Netflix et al, see the streamers’ disruptive attitude as an incursion into their territory....
...Here are two charts from Calomiris et al. depicting the relative growth of this asset class versus smaller-sized dollar-denominated EM corporate debt....
...Finance Board of the Methodist Church Church in Wales Church of Scotland Investors Trust Ecofi Investissements (Credit Cooperatif Group) Elo Mutual Pension Insurance Company Epworth Investment Management...
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...“Amazon” Cuomo et al will hope not. In Wisconsin, considerable effort was expended to woo Foxconn — a Taiwan-based company which makes, among other things, roughly half of the world’s iPhones....
...Bank shareholders lost money as well, but the survey data from Brown et al found that shareholders did not increase their holdings of cash if they had avoided any haircut on deposits or bonds: The type...
...First, Brunnermeier et al use ESBies as a way to deny joint liability among sovereigns....
...Monetary policy will remain “accommodative” and barriers to actual tightening remain high BUT, from Citi’s Buiter et al, with our emphasis: In 2016, the amount of incremental monetary easing already slowed...
...I’d set up and capitalise a European debt management agency to create ESBies (the European safe bonds of Brunnermeier et al). I’d set up a eurozone growth capital fund for fast-growing companies....
...Now it’s much more al desko.”...
...From the latest BIS quarterly review, in particular its bit on dollar credit to EMs (our emphasis): [Fed largesse]… drove a surge in issuance by both long-standing issuers and new ones (Mizen et al (2012...
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...We suppose, before getting to what might stop this, one should probably discuss what’s hitting the Wunderbund et al. Still early in the day, after all....
...That makes China’s leaders v nervous and restricts policy options....
...This column describes behaviour of insurance companies and pension funds using sectoral and micro-level data from the UK....
...The question is whether that benefit would look so attractive were JPMorgan et al forced to internalise most of the costs of a breakup while remaining in their current form....
...Say, as was suggested to us, by allocating much bigger quotas to those large long-only funds and insurance companies who don’t trade very often....
...“Very often there are technicalities which are the beginning of a failure, for example missing dates or signatures on mutual legal assistance requests,” says Rudolf Wyss, Switzerland’s former head of mutual...
...If you don’t believe us, well, we have charts… First, from the liquidity and flow tracking team of Nikolaos Panigirtzoglou et al at JP Morgan, comes evidence of the greatness of the rotation: Flows into...
...Greene herself steers clear of criticising Amazon but she angrily sums up the challenge from Whistl et al like this: “This is not the kind of competition that drives efficiency....
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