Japan: Still Time to Get In?
Despite rapid price appreciation and broadening investor bullishness, Japanese equities remain attractive.
Research Publications Archive
Oil and Gas Investing
This report examines the diversification benefits of oil and gas, entry/exit prices, risks (“dry-hole,” liability, and tax), implementation issues, and investment manager evaluation criteria.
Are Earnings Running Out of Gas?
The risks to U.S. corporate profits are underappreciated.
European REITs – The Changing Landscape
Can government and property industries craft a real estate investment vehicle that shores up the tax base and satisfies investor demands?
Energy Exposure: Too Much? Too Little? Too Late?
Investors’ allocations to energy-related assets have increased significantly. Given that energy commodities are overvalued, should we be concerned?
New Equity Indices Are Quite Stylish
New style indices have significantly improved the choices available to style-conscious investors and managers.
Equity Investors Shrug Off Economic Concerns
Optimism about future earnings growth is rising.
Conflicts of Interest
This report examines state and federal law governing the fiduciary responsibilities of nonprofit entities, particularly investment committees, and IRS enforcement of transactions involving “excess benefit” and “disqualified persons.” Exhibits include sample conflict of interest and disclosure policies.
Revaluing China’s Renminbi
What are analysts saying about China’s new foreign exchange-rate regime?
US Treasury Inflation-Protected Securities (TIPS): An Introduction
An introduction to U.S. TIPS, their performance and correlations to other asset classes, as well as the pros and cons for a TIPS allocation and investing strategies.