by ivm_wpadmin | Jun 8, 2020
As difficult as it may be to decide to divest a manager, the next decision – where to reinvest that money – can be an even bigger challenge. Without the right tools, the process to find a replacement manager can be very time consuming; it is an involved process with...
by ivm_wpadmin | May 10, 2020
THE SPREAD BETWEEN US MARKET CAPITALIZATION AND BOOK VALUE IS NEAR AN ALL-TIME HIGHA DROP IN BOOK VALUE (TOTAL ASSETS LESS LIABILITIES) IS EXPECTED DUE TO THE ECONOMIC IMPACT OF COVID-19US STOCK MARKET IS OVERVALUED BY THIS MEASURE WHILE OTHER EQUITY MARKETS ARE...
by ivm_wpadmin | Apr 23, 2020
In the first quarter of 2020, the MSCI AC World index was down 21.3%. We have to go back to the fourth quarter of 2008, the heart of the US subprime mortgage crisis, to find as significant of a drawdown over a quarter (-22.3%). Since 2008, investors have only...
by ivm_wpadmin | Mar 17, 2020
Shadow accounting is standard business practice these days. Keeping a second set of financial books and records aims to ensure that a firm’s data, which is managed by an independent, third-party administrator, is accurate and has high integrity. The majority of...
by ivm_wpadmin | Mar 9, 2020
For years, investment management marketing was driven by relationships. Who had the biggest rolodex? Who worked at the most well-connected firms? Those were the prerequisites for investment management marketing success. The relationship drove consultants and...
