The New Age of Corporate Scandals

Is corporate America more ‘scandal-prone’ than Europe? An interesting piece by the Economist suggests this is the case, and thus far the ‘financial cost’ to the companies involved has been limited. “The total market value of American firms involved in big incidents that have become public since 2016 is $1.54trn. At least 200m consumers have

Inherent Innovation: Financing Education via Pursuit Bonds

Inherent Foundation helped create and invested in an innovative financing structure called Pursuit Bonds, which are helping provide workforce training to those with great potential and great need via the Pursuit organization. ‘So far, the graduate placement rate exceeds Inherent’s assumptions, the default rate is lower, and the average salary of the repaying graduates is

The Third Dimension

Over the coming year, global capital markets may face a trio of torpedoes in the water: slowing growth, rising interest rates, and net aggregate withdrawal of liquidity by the world’s major central banks. Value-oriented managers are looking forward to bargains as capital is reallocated through the cycle. Unlike prior cycles, however, we believe that success