Sebastien Canderle
Distress investing: Crime scene investigation
The ultimate murder weapon is almost always leverage and financial sponsors the main culprits
Private capital: Lessons from the conglomerate era
GLOBAL private capital firms are charting a well-travelled course. With their sprawling empires, the largest alternative asset managers have adopted strategies that borrow extensively from the octopus...
Public debt: Four ways to deleverage
HOW does public debt influence an economy’s long-term potential? A decade ago, some economists claimed public debt in excess of 90 per cent of GDP led to negative growth. Others disputed these paramet...
Debunking the myth of market efficiency
SIXTY years after it was first formulated, the core tenet of the efficient market hypothesis (EMH) – that stock prices fully reflect all available information – is still considered gospel truth in man...