Robin PowellWill artificial intelligence save active management?Artificial intelligence can certainly make active managers better at their jobs. But will it be enough to stem the tide towards passive?
Robin PowellMar 65 min readThe lottery phenomenon in corporate debtThe most basic principle of finance is that risk and ex-ante (expected) returns should be related. However, a large body of academic...
Robin PowellFeb 145 min readThe growth of hedge funds is the greatest financial anomaly“Hedge funds are the only component of Wall Street that is built pretty much entirely upon myth. Few areas of financial endeavour have...