News

Agriculture Investing: A Diamond in the Rough?

Agriculture is a challenging investment with rising potential, fueled by rising food prices, agricultural land’s long-term inflation-linked characteristics, and low correlation to most asset classes, consulting firm bfinance asserts.  

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.