The US energy renaissance may be taking a breather, exasperated from ten years of mind boggling growth, but unquestionably it is not over. Global energy demand is expected to grow well into the future and the US is poised to take advantage of the trend to become the world’s marginal producer. At current oil prices, US energy producers will (and have already) cut back their capital expenditures for 2015-16, which should slow production growth and allow demand to catch up.
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The foreign exchange market is widely appreciated to be the largest and most liquid market of all global financial markets. However, it is susceptible to shocks which can cause significant unexpected volatility, such as the timing of the Swiss National Bank’s (SNB) decision to remove its 1.20 floor on the Swiss Franc versus the Euro on 15th January 2015. The article examines the effects of this volatility on investors with long USDCHF FX Forward exposure compared to those with long USDCHF FX Options exposure.
Farmland is increasingly gaining traction as an attractive long-term investment option for sophisticated and capital rich investors. Direct investments in farmland have historically provided a healthy and relatively stable level of current income, a compelling risk-adjusted rate of capital appreciation, an effective inflation hedge, and a material diversification benefit resulting from very low or negative correlations to traditional asset classes.
To date, the slow national recovery in the office sector has been driven largely by negative forces such as high unemployment rates and owner desires to reduce operating costs.
While many investors equate “access constrained” to “top performing,” quantitative data debunk the assumption that access-constrained managers are the best performers. If you look at the top-performing funds across the last decade, you quickly realize that ‘access constrained’ or popularity are not correlated to performance.
Currency risk is a fact of life for European families. Today even the simplest diversified portfolios include foreign currency exposures. Many investors find it tempting to ignore currency risk, believing that it will all “even out in the end.” But this is not an option for most families who need to draw down funds from the portfolio to meet distributions to beneficiaries. Even for families with no current spending needs, it is still prudent to manage the portfolio’s currency exposures in line with its likely long-term liabilities.
In recent years, impact investing has captured the attention of leaders in finance, philanthropy, business, and government seeking innovative ways to help solve some of s
The U.S. Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (Division) issued a no-action letter providing family offices relief from commodity trading advisor registration, in connection with advisory services they provide to family clients.
The author provides a paper on medical office investing which begins by sizing the Medical Office Building (MOB) investment universe and contrasting it with the commercial office sector. Supply and demand fundamentals are explored in the context of emerging trends in the delivery of U.S. healthcare.