Tag: bankruptcy

July 28, 2020

Why Natural Gas Is the Energy Investment of the Future

Renewable sources like wind and solar may not be enough. Pension plan investors weigh the odds.

Market Moves July 24, 2020

Ackman Bets Against Junk Bonds, Now Resurgent

Hedge fund honcho thinks dragged-out economic recovery will harm high-debt companies.

Alternatives June 8, 2020

PE-Related Bankruptcy Filings Soared in May

Too much debt and the virus economic slide harmed companies such as Hertz and J. Crew.

Opinion April 24, 2020

Op-Ed: U.S. Public Pension Underfunding—Don’t Make the Same Mistake Thrice

As some lawmakers suggest states consider declaring bankruptcy, governments will be tempted to cut back on pension contributions. Amundi Pioneer senior adviser Charles E.F. Millard urges them not to do so.

Risk February 18, 2020

Newspaper Company McClatchy Halts Retirement Payouts After Chapter 11 Filing

Company negotiating with PBGC to take over benefit payments amid a new company-wide restructuring plan.

Market Moves January 15, 2019

Seth Klarman Outfoxes Wildfires with Canny Insurance Bet on Utility

Billionaire hedge fund operator offsets equity stake in woebegone PG&E with purchase of liability claims against it.

Industry White Papers

Investing in Real Estate, Look to New York—Here’s Why Capitalizing on near-term opportunities

2020 Long-term Capital Market Assumptions Q2 Update

Emerging Markets and Covid-19: Crisis or opportunity…or both? 2020 will be a challenging moment for Emerging Markets’ economies. But there will likely be a wide open Emerging Markets “door” that sees governments fall back on privatisation to bridge fiscal holes. In an environment of tight domestic monetary conditions and reduced cross border flows, the buyers of these assets have considerable advantage.

Meditations in an emergency Multi-Asset Strategist Adam Berger discusses the macro and market impact of the coronavirus and offers his "playbook" for the coming weeks and months, including thoughts on rebalancing and opportunistic investments.

The Power of Portfolio Flexibility Many investment managers apply strict portfolio constraints under the guise of risk management best practices. This paper examines the costs of those investment constraints and how an unconstrained investment approach can be key in generating long-term excess returns.

Quantitative Science—Actively Adding To Fixed Income Decisions Quantitative vs. active debate? This issue of Franklin Templeton Fixed Income Markets explains how our “active quant” approach sets us apart.