2017 – Quinlan & Associates

Value At Risk

webadmin — Tue, 12 Sep 2017 19:14:59 +0000

The reputations of many of the world’s leading banks took a severe hit during the Global Financial Crisis (GFC). The widespread sale of risky residential mortgage-backed securities (MBS) and collateralised debt obligations (CDOs) ultimately led to the collapse of several prominent Wall Street names and imposed significant costs on the entire industry. With global banks forced to write down USD…

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Alternative Alpha

webadmin — Tue, 12 Sep 2017 19:11:30 +0000

In recent years the investment management industry has witnessed a dramatic and sustained shift in investor preferences, with a flight of assets from active to passive funds. Much of this has been driven by widespread underperformance of active managers, particularly net-of-fees. In response, investors are voting with their feet, with USD 340 billion of net outflows from active US funds alone in…

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A Brave Call

webadmin — Mon, 12 Jun 2017 19:18:34 +0000

With just over six months until MiFID II goes live, the global investment research industry is on the cusp of major disruption. While a plethora of issues confront both the buy- and sell-sides in the lead up to the implementation in January 2018, pricing appears to remain the key area of contention for the industry, given the substantial misalignment between broker and manager expectations.

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Research.com

webadmin — Sun, 12 Mar 2017 19:21:47 +0000

On 3 January 2018, the long-held practice of blending research and execution charges into bundled commission rates will come to an end as MiFID II takes effect in Europe. Though regional in its proposed application, it is becoming increasingly clear that the implications of the new regulations will extend well beyond European shores. Since releasing our first report on research unbundling in…

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Don’t Bank On It

webadmin — Thu, 12 Jan 2017 19:24:53 +0000

Investment banks have long held a reputation as the Holy Grail of financial services careers. For many decades, Wall Street’s largest firms would regularly out-woo – and significantly out-bid – their corporate rivals for their pick of the world’s elite business school graduates. Huge bonuses, lavish perks and unlimited scope for career advancement had the best and brightest lining up at every…

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