We examine the interaction between funds implementing hedge and merger arbitrage strategies and a set of traditional assets comprising equities, bonds, gold, crude oil, currency, commodities and real estate, by applying a time-varying spillover approach for the period 1/1/2010-7/31/2020. Results...

In view of the need for portfolio diversification, we investigate the interlinkages between a private equity ETF and a set of high-demand asset classes including bonds, equities, crude oil, gold, commodities, currency, Bitcoin, and shipping within a spillover framework. For this objective, we...

Explains how growth in banks is constrained by equity growth and regulations on leverage; and expresses the sustainable growth rate (SCR: i.e. maximum increase in total assets which can be supported by internally generated equity capital) mathematically. Applies the model to the National Bank of...