December’s market volatility created opportunities which contributed to January’s results, particularly on spreads that narrowed (including several which closed):
U.S. stocks started 2019 with the best January since 1987 and the best monthly gain since 2015. This sets up 2019 for a positive annual return based on historical data since 1936.
Birth of the Fed Put A put, is an option that increases in value when the underlying security’s price falls below a certain level. One of its most common usages is to protect a portfolio against a ma
The assets under management of the Mexican Pension funds, or Afores, expressed in dollars grew 149%, when the assets passed from 67.771 to 168.583 billion dollars between December 2008 and December 2018.
Worldwide deal activity totaled $4.0 trillion during 2018, an increase of 19% compared to 2017, and only the third year on record M&A has passed the $4 trillion milestone.
For most of the last decade we have lived in what has often been termed a “Goldilocks economy.” Much as the fair-haired, home-invading subject of the children’s story found one bowl of porridge to be “just right,” eco
2018 has been one of the most difficult years for bonds over the last 10 years. The reasons behind this underperformance are different to those upsetting the financial markets of 2008.
Merger arbitrage performance in November was bolstered by deals that received key regulatory approvals, including “green lights” from the Chinese regulatory authority. Specifically:
The US dollar was a clear winner in 2018 as it was one of the very few assets to register gains.
Few would have predicted 10 years ago the meteoric rise of private equity. In 2017, US private equity firms raised $621 billion, the most in a decade.