Nir Kaissar

2 weeks ago | advisorperspectives.com | Nir Kaissar

If I told someone with even a little investing experience that I own an asset that pays like stocks but is stable like bonds, they would probably think I was a huckster or a fool. Yet many of the most sophisticated investors claim to own such a thing. I’m referring to private assets, a broad group that includes stakes in companies, loans to businesses and physical commodities, which are often the biggest holding in pension and university endowment portfolios.

2 weeks ago | bloomberg.com | Nir Kaissar

Buyer’s regret? (Bloomberg Opinion) -- If I told someone with even a little investing experience that I own an asset that pays like stocks but is stable like bonds, they would probably think I was a huckster or a fool. Yet many of the most sophisticated investors claim to own such a thing. I’m referring to private assets, a broad group that includes stakes in companies, loans to businesses and physical commodities, which are often the biggest holding in pension and university endowment portfolios.

4 weeks ago | bloomberg.com | Nir Kaissar

Just look at the data. (Bloomberg Opinion) -- A lot of people are worried about the level of US interest rates. “I think we should be afraid of the bond market,” billionaire investor Ray Dalio said last week.

1 month ago | advisorperspectives.com | Nir Kaissar

A lot of people are worried about the level of US interest rates. “I think we should be afraid of the bond market,” billionaire investor Ray Dalio said last week. To other observers, the bond market is “barfing,” “signaling a dire scenario for the economy,” “shaking Wall Street,” “sending a warning to Congress,” “giving stock-market investors the yips,” “worrying that something may be breaking beneath the surface” or just plain “breaking.”I don’t see what all the fuss is about.

1 month ago | advisorperspectives.com | Nir Kaissar

Imagine an institutional investor that allocates a big chunk of its portfolio to illiquid private assets but then needs to sell some of those investments to raise cash. Or a fund company that makes a fortune on actively managed mutual funds for decades, but its investors move their money to low-cost index trackers. Or a financial research company built around selling ratings of actively managed funds that people no longer buy.