Successful M&A evaluation includes PE and emerging global markets

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Thinking of growing your company via a merger or an acquisition? It’s important for strategic buyers to understand what’s shaping the market and the competitive environment when making such decisions. And it’s just as critical, says Wharton finance professor Robert Holthausen, to consider two external forces at work in today’s M&A market: cross-border activity, and the role of private equity.Read More

At the Whiteboard with Chris Geczy

Chris Geczy Is diversification dead? Not entirely, but with the democratization of Modern Portfolio Theory it’s not your father’s 60/40 world anymore. The key insight of Modern Portfolio Theory (MPT): Don’t weigh an asset’s risk independently, but by how it contributes to the portfolio’s overall risk. MPT, the brainchild of economists Harry MarkowitzRead More