Corporate finance
- Why companies are staying private longer. (marginalrevolution.com)
- A review of “The M&A Failure Trap: Why Most Mergers and Acquisitions Fail and How the Few Succeed” by Baruch Lev and Feng Gu. (blogs.cfainstitute.org)
Private equity
- Quants are turning their attention to model private equity returns. (bloomberg.com)
- The problem with IRR for private equity funds. (blogs.cfainstitute.org)
- What factors drive listed private equity returns. (papers.ssrn.com)
Research
- The ‘index effect’ seems to be waning. (alphaarchitect.com)
- Why 2022 was so unusual in markets. (morningstar.com)
- How trend following works in high-rate regimes. (mrzepczynski.blogspot.com)
- Can investors simply ignore benchmarks? (blogs.cfainstitute.org)
- How bad financial advisors persist. (aeaweb.org)
- How memories affect how we invest. (klementoninvesting.substack.com)
- A round-up of recent research on market analytics including ‘Fear in the “Fearless” Treasury Market.’ (capitalspectator.com)
- The University of Chicago Booth School leads the ranking of business school research output. (ft.com)