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YEAR-END VALUATIONS – ILLIQUID ASSETS

YEAR-END VALUATIONS – ILLIQUID ASSETS

ARE THERE MORE EFFICIENT WAYS TO VALUE ILLIQUID ASSETS AT YEAR-END?   Dublin, Ireland  –  As institutional investors begin to wind down at this time of year, the annual push for year-end valuations begins. For many, year-end valuations are still a key...
BOND MARKET LIQUIDITY – THE SABA CASE

BOND MARKET LIQUIDITY – THE SABA CASE

MARKET EFFECTS ON ILLIQUID BOND VALUATIONS The piece below was written by Bloomberg columnist Matt Levine about the recent settlement of a case involving Saba Capital and the Public Sector Pension Investment Board of Canada. It’s a good example of how external...