Newsmakers

IMF: How The Actuaries Got It Wrong

Actuaries started at the wrong place, then measured incorrectly – now the IMF has warned these methods have to change, and quickly.

IMF Predicts Commodity Slump

Commodity prices are likely to decline in the latter half of 2012 and continue through 2013, the International Monetary Fund predicts.

The Doctor's Archives

In part because we want to highlight Angelo Calvello’s nearly two years of writing a column for us—and in part to see how well QR Codes are at driving traffic to our website—we’ve listed here the best work by The Doctor.

From the Archives: Harvard Has a Cold

No longer sui generis, the Harvard Management Company has retreated back into the pack. The seeds of its collapse, it is now clear,­ were sown in its glory days.

What's the Best Way to Evaluate an Investment Manager?

Investment manager turnover is often the result of investor irrationality and the use of models such as Bayesian statistics could help provide understanding, according to consulting firm Towers Watson.  

Paper: Adaptive Market vs. Efficient Market Hypotheses

The adaptive markets hypothesis has gained a stronger footing in the financial world as the traditional paradigms of modern portfolio theory and the efficient markets hypothesis (EMH) have proven to be woefully inadequate, according a recent whitepaper by MIT professor Andrew Lo.