RESEARCH REVIEW
AN IRRATIONAL LACK OF EXUBERANCE: THE RETURN OF RISK PREMIA IN CREDIT MARKETS AND A BUBBLE BLOWING IN TREASURY PRICES
While most investors spend time conducting research to give them a sense of clarity prior to allocating their risk capital, the reality is that perfect clarity in investing is not possible. Flash back to early summer 2007 for example, when yields on credit qualities of all types of corporate securities were trading at or near all time tight spreads relative to 10-year Treasuries. The cry heard f
FEG's Research Review brings you the monthly economic and market commentary, as well as an in-depth focus on a current topic of significance.
PRIVATE CAPITAL RESEARCH REVIEW
PRIVATE CAPITAL OVERVIEW
The third quarter represented a sea change in the global capital markets, translating into a dramatic decline in activity in the private capital sectors. Lack of available financing was a material driver of the slowdown... While certainly all assets suffered, we note hedge fund returns are down roughly half that of the public markets... As such, we would argue that given the long view, carefully
FEG's quarterly review delves into alternative investments such as natural resources, private equity, and private real estate.
