The Professor

CRE Credit View: The trouble in CRE debt markets is increasing

by Nicole Lux | Sep 4, 2023

Increasing signs of distress while debt funds increase their debt fire power for opportunities. A year after the first increases in interest rates by Central Banks around the...

The Professor

Perverse Economics: Good intentions and market distortions

by Norman Miller | Aug 24, 2023

I would estimate that over half of all politicians fall into the naïve club that make claims based on assuming nothing will change in response to a new tax, a new regulation or...

The Professor

Qualitative positioning for the next phase

by Alex Moss | Aug 18, 2023

One of the trickiest aspects of asset management is identifying potential alpha and beta in terms of future company performance. Despite assertions to the contrary, the answer is...

The Professor

Nobel Laureate in Literature 2021: Abdulrazak Gurnah

by Paul Lowden | Aug 14, 2023

“But what’s it about?” The common question that haunts many writers is one where their audience wants an incredibly complex creation like a novel reduced to a few – sometimes...

The Professor

Has the Bank of England overdone it?

by Peter Warburton | Aug 14, 2023

On 11 May, the Bank’s Monetary Policy Committee raised Bank Rate to 4.5%, a level last observed in October 2008. Since November last year, the Bank has also been reversing its...

The Professor

Bank lending and property values

by Nick French | Aug 7, 2023

The consequences of cyclical lending and the need for a new prudent framework. I remember in the mid-to-late 1980s, when I was a relatively young, newly qualified valuation...

The Professor

Competition, Virtue, and the PGA-LIV Saga

by David Herbert, Daniel Wagner and John C. Pinheiro | Jul 31, 2023

Golf is a sport enjoyed by millions of people each and every weekend. What’s more, many people enjoy playing in a litany of different formats: Sixes, Nassau, Vegas, and...

The Professor

The future has not been written

by Colin Lizieri | Jul 17, 2023

The following piece was created by the AI model “BabbleCPD,” prompted to create an article written by a grumpy old professor, out-of-touch with technology and society. Its chosen...

The Professor

A tribute to Harry Markowitz

by Jeffrey D. Fisher | Jul 7, 2023

On June 22, 2023, Nobel Prize winner Harry Markowitz, PhD father of modern portfolio theory died at age 95. In 1952, Markowitz published a paper titled "Portfolio Selection" in...