Securitisation and the Willingness to Repay
Securitisation was almost thrown out with the bathwater in the aftermath of the global financial crisis, as mortgage-backed securities (MBS) and collateralised debt obligations (CDO), containing sub-prime mortgages, almost brought down the financial system. But since then the securitisation market has undergone significant change, both in regulations and attitudes towards risk. And in a world […]
February Didn’t Kill Crisis Alpha
The Crisis Risk Offset approach to constructing portfolios has gained some popularity in the US in recent years, but the surprising performance of trend-following strategies in February this year led some people to question the approach. Kathryn Kaminski, who coined the term crisis alpha, examines the evidence.
Australia Needs to Export Technology, Not Talent: Farquhar
If Australia is to maintain its standard of living, it needs to make a greater effort to build a domestic technology industry, rather than allowing its well-educated professionals to be poached by overseas companies. Scott Farquhar, co-founder and co-CEO of Atlassian, told an audience of venture capital and institutional investors in early March that Australian […]