Headline Effect
What is the Headline Effect? The headline effect is the impact of headlines, news, and narratives on asset prices as well as the economy in general. The effect can be both positive or negative for asset prices. The effect runs counter to modern finance theory that gives no importance to headlines or narratives as causal...
Headline Risk
What is Headline Risk? Headline risk is the risk of a negative impact on the value of a company, as reflected by its stock price and other publicly traded instruments associated with the company. It also refers to the damage to the core business due to a loss in reputation caused by a news piece....
Hedge Fund Manager
What is a Hedge Fund Manager? A hedge fund manager is an individual who makes investment decisions on behalf of their clients, called limited partners (“LPs”), using aggressive and sophisticated investment strategies. Hedge fund managers fall into the buy side within the world of capital markets. This means that hedge funds, like other asset managers,...
Heritage and Stabilization Fund (HSF)
What is the Heritage and Stabilization Fund (HSF)? Heritage and Stabilization Fund (HSF) is a sovereign wealth fund established by the Republic of Trinidad and Tobago. Founded in 2007, HSF was established to reinvest excess capital resulting from exports of natural gas. Like other sovereign wealth funds, Trinidad and Tobago’s HSF is owned by the...
Skin in the Game
What is “Skin in the Game”? “Skin in the Game” is a phrase popularized by world-famous investor Warren Buffet signifying a condition in which high-ranking insiders buy the stocks of the company they are a part of using their personal money. It is a common saying in business, gambling, finance, and politics. Understanding Skin in...
