Tag: ETF
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Spectrum Match: Aligning Investors and Asset Classes
Investors exist on a spectrum shaped by liabilities, purpose, and constraints. Asset classes exist on a spectrum defined by liquidity and information asymmetry. This article explains how to match these depths to design strategies that truly fit.
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Episode 1: What Is a Fund? A Simple Introduction as a business
ファンドって難しそうに見えますが、実はとても身近な仕組みです。投資家と運用者の視点、そして「ファンドは事業である」という本質を、やさしく噛み砕いてお話しします。
