China's Mutual Fund Boom: A Tale of Misaligned Incentives
As China's mutual fund market booms, a shift in focus from maximizing investor returns to selling new products emerges, highlighting a potential issue of misaligned incentives.
The Challenge of Valuing Private Debt: A Look at H2O Asset Management
Valuing private debt is subjective, and as demonstrated by H2O Asset Management's dealings with bonds linked to financier Lars Windhorst, it can lead to significant exposure to illiquid debt.
About Green Bonds and Greenwashing
Hong Kong is becoming a leader in green bond issuances, but rising concerns of greenwashing challenge the integrity of these environmentally-oriented investments.