By Diane C. Swonk, Chief Economist, Grant Thornton Most people assume that incumbents are able to manipulate the economy to avoid a recession in a presidential election year. That is wrong. Recessions or an economy so weak that it might as well have been a recession occurred during more than half of all presidential elections…

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By Erin Scherbert, Baker Tilly In 2014 the Financial Accounting Standards Board (FASB) began monitoring the global reference rate reform initiatives to determine appropriate alternatives to unsecured market benchmarks based on interbank offered rates. As a result of this monitoring initiative, the FASB and the Federal Reserve Bank of New York formed the Alternative Reference…

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The Data Protection Law, 2017 (DPL) came into effect in the Cayman Islands on Sept. 30, 2019. The DPL introduces a legislative framework on data protection in the Cayman Islands and has been drafted around the European Union’s General Data Protection Regulation (GDPR). The DPL governs and defines both personal data and sensitive personal data.…

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By Diane C. Swonk, Chief Economist, Grant Thornton A slowdown in the third quarter, losses in manufacturing, weakness in the service sector and a moderation in employment have sent a chill through financial markets and renewed fears of recession. The impeachment inquiry in-and-of itself should not feed those concerns, but it has added to policy…

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On August 15 the New York Alternative Investment Roundtable featured a presentation by David Bahnsen, the founder, managing partner and Chief Investment Officer of The Bahnsen Group, who discussed views from his new book “The Case for Dividend Growth: Investing in a Post-Crisis World.” David is the founder, managing partner, and Chief Investment Officer of The Bahnsen…

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According to a recent report from JPMorgan (NYSE:JPM), artificial intelligence (AI) is having a notable impact on the investment landscape. Advances in AI and machine learning are presenting a sea of change in new data sets and methods to conduct investment analysis. The emergence of new alternative data sets has led to fresh applications, such…

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Artificial intelligence (AI) has the potential to massively impact investment firms, analysts, investors and the overall wealth management industry. Through their use of vast data sets, extending everywhere from satellite technology and sensors to consumer and macroeconomic data, AI and machine learning have the ability to shift investors’ views on traditional financial data. AI has…

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There is no “Passive” Approach to Asset Allocation By Henrik Lumholdt The fathers of the efficient markets hypothesis have reasons to rejoice. Recent years have seen vast amounts of investment money flowing away from what has traditionally been called actively managed funds towards passive index funds, ETFs and the like. And the motivation for this…

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