March 19, 2019 - Pension funds are some of the most sophisticated investors in the market. These funds represent enormous pools of capital, some larger than $100 billion, so their resources are near limitless and they are typically run by the best and brightest. Pension…

March 12, 2019 - Growing up on the Canadian prairies, like most kids, I played hockey. I was a left-winger and had a penchant for scoring goals (what kid doesn’t?). For what I lacked in size and skill, I tried to make up in cherry-picking…

March 6, 2019 - I spent a recent Sunday afternoon reading “Merger Masters: Tales of Arbitrage” by Kate Welling and Mario Gabelli. The book explores how top merger arbitrage practitioners execute this storied investment strategy. A Primer on Merger Arbitrage Merger arbitrage, commonly known as…

February 26, 2019 - The 2018 NACUBO-TIAA Study of Endowments was recently released. This study looks at the asset allocation of 802 U.S. college and university endowments and foundations, representing approximately $617 billion in professionally managed financial assets. NACUBO’s study looks at each endowment’s asset…