Insights

Crisis can create opportunity. The Financial Crisis of 2008 was such an occasion, upending the established financial system, while creating new industries now taking root in the broader economy. Among the most successful of these is Financial Technology, broadly known as FinTech, a line . . .

Anyone who worked in Asia before the 1990’s will remember that the Asian Economic Miracle was just that—a miracle. Nations recovering from war, revolution and the mass emigration of their most educated citizens pulled themselves out of poverty, one enterprise at a time. In a testament to . . .

As volatility persists in the interest rate environment, structured mortgage-backed securities (“MBS”) backed by adjustable-rate mortgages look attractive to many investors. Take for example discounted senior floating rate securities backed by adjustable-rate . . .

Although value investing is undergoing one of its periodic lapses in favor, Rosenwald knew it could beat the market over the long haul. He had only to point to nine of Graham’s successful protégés, discussed by Buffett in an influential 1984 article titled, “The Superinvestors of Graham-and-Doddsville” . . .

Japan has about 3,500 publicly listed companies, but David Baran thinks there really should be fewer than 2,500. A third of Japan’s public companies, he says, would be better off privately owned and run. Baran, Tokyo-based co-CEO of the hedge fund Symphony Financial Partners, isn’t the only one who believes that. Perennially slumping prices of . . .

Emerging markets bonds and equities have taken divergent paths in 2011 despite having similarly strong long-term outlooks. Emerging markets bonds have taken on some of the safe-haven status of their developed-markets cousins, while emerging markets equity performance has lagged that in developed markets . . .

Hold on for just a New York minute now and consider the powerfully serious message the bond market sent last week about the political dithering in Washington and in Europe’s capitals. “Pay attention folks,” as the investor Gifford Combs e-mailed me on Friday. “This is not a drill.” Here are the facts . . .

Finding opportunity in debt is easy, say the guys at Dalton Investments. All you have to do is travel the globe. Steven Persky and James Rosenwald clearly didn’t spend much time coming up with the name of their hedge fund firm. They named their company, founded in 1998, after the exclusive private school they attended together in New York City: the . . .