A Fight Over Factor Investing Tests a Pillar of Modern Finance

A Fight Over Factor Investing Tests a Pillar of Modern Finance

In November a curious paper dropped on SSRN, an online hub widely used by economists to circulate their work. The paper’s authors are two of the most important figures in academic finance: Kenneth French, of Dartmouth College’s Tuck School of Business, and Eugene Fama, a Nobel Prize-winning economist from the University of Chicago. The article … Read more

How Andrea Orcel Can Counter Fading Tailwinds at UniCredit

How Andrea Orcel Can Counter Fading Tailwinds at UniCredit

Andrea Orcel has seen UniCredit Group SpA’s share price more than treble in his first three years as the Italian bank’s chief executive officer. But Orcel isn’t running victory laps; nor should he be. What the former head of UBS Group AG’s investment bank has achieved so far was the easy part. Finding low-risk, sustainable … Read more

Andre Iguodala Retires From NBA to Run $200 Million Fund

Andre Iguodala Retires From NBA to Run $200 Million Fund

Hi and welcome to the Business of Sports newsletter, delivering news to your inbox wherever power, money and sports collide. We want to hear from you, so send your feedback and ideas to editor Giles Turner (gturner35@bloomberg.net). And if you aren’t yet signed up to receive this newsletter, you can do so here. This week, … Read more

Savers Move Cash From Banks to Money-Market Funds to Earn 5% Now

Savers Move Cash From Banks to Money-Market Funds to Earn 5% Now

Welcome to Bw Daily, the Bloomberg Businessweek newsletter, where we’ll bring you interesting voices, great reporting and the magazine’s usual charm every weekday. Let us know what you think by emailing our editor here! If this has been forwarded to you, click here to sign up. With the US Federal Reserve keeping interest rates pinned … Read more

You Can Sell the Bitcoins You Don’t Mine

You Can Sell the Bitcoins You Don’t Mine

Programming note: Money Stuff will be off tomorrow and next week, back on Aug. 21. Enjoy a week of low volatility. Unless you are Elon Musk, in which case, enjoy whatever crazy stuff you’re going to get up to. If you have a bunch of trees, and you chop them down to make paper or … Read more