Business and Finance

Financial Markets and Services

A man looks at a board showing graphs of Japan's stock price indexes outside a brokerage in Tokyo June 5, 2012. (Reuters/Toru Hanai)

Opinion

Complex Funds Need Better Risk Disclosure

May 5, 2013, Robert C. Pozen and Theresa Hamacher

Robert Pozen and Theresa Hamacher argue that greater use of standardized, quantitative risk measures would help investors choose among new types of funds. Pozen and Hamacher explain why assessing the risk of specific mutual funds can be challenging and propose measures that finanical regulators can adopt to ease the process of risk comparison.

  • In the News

    Europe is where the downside lies for the U.S. China is where the upside is.

    April 5, 2013, Domenico Lombardi, Bloomberg
  • Interview | GlobalPost

    What's the Big Deal about Cyprus?

    March 20, 2013, Michael W. Klein

  • In the News

    I do think building up the capital of the banks would give them the confidence to be more aggressive on the lending side. It is absolutely imperative that the incentive structure built into compensation be aligned with financial stability.

    March 11, 2013, Donald Kohn, Wall Street Journal
  • In the News

    Often low- and moderate-income families need a way to cash their check, they need a way to pay their bills, they need a way to save for the future, and they’ve cobbled together an interesting mix of bank and non-bank services to do that that are often more expensive and more costly than they need to be.

    February 18, 2013, Michael Barr, The Economist
  • In the News

    With the rating agencies discredited and markets vulnerable to adverse news on the economy, the period of unusual uncertainty could be prolonged.

    February 5, 2013, Donald Kohn, Bloomberg
  • Interview | Financial Times

    From Investment Management to Time Management

    December 16, 2012, Robert C. Pozen

  • In the News

    [The Outright Monetary Transactions program] will work if the expectation of unlimited support is not altered or compromised in some way. The key word is unlimited. It has been said in words, but the actions that follow will have to be consistent.

    September 25, 2012, Domenico Lombardi, Reuters
  • In the News

    This is why we need oversight. Left to their own devices, financial institutions are going to push the envelope.

    June 13, 2012, Michael Barr, Fortune
  • In the News

    The global economic recovery is still sputtering due to a lack of robust demand, policy tools that are stretched to their limits and unable to muster much traction, and enormous risks posed by weak financial systems and political uncertainty.

    April 15, 2012, Eswar Prasad, Financial Times
  • Interview | Bloomberg TV

    European Union Being Tested by Greek Debt Crisis

    February 9, 2012, Daniel V. Speckhard

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