Institutional investors in Asia-Pacific have increased their allocations to private markets to an average of 11.5% of their ...

Statistically, surprises are increasingly becoming unsurprising across all asset classes, according to Morgan Stanley A big part of the reason: Investment assets are becoming less liquid. Veteran ...

Banks are not offering enough liquidity in the Treasury market because they have been constrained by heavy capital ...

Lerner, Josh, and Antoinette Schoar. "The Illiquidity Puzzle: Theory and Evidence from Private Equity." Journal of Financial Economics 72, no. 1 (April 2004): 3–40.

Earlier this month, this column suggested illiquidity might offer one clue. By hunting for shares that can go for days without changing hands – a trait shared by constituents of both Aim and the lower ...