In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) elaborates on the concept of quantitative equity investing, a type of investment approach in the equity trading space. This article follows the following structure: we introduce the quantitative equity investing. We present a review of the major types of quantitative equity … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) presents the long-short equity strategy, one of pioneer strategies in the hedge fund industry. The goal of the long-short equity investment strategy is to buy undervalued stocks and sell short overvalued ones. This article is structured as follow: we introduce the … Read more
In this article, Youssef LOURAOUI (Bayes Business School, MSc. Energy, Trade & Finance, 2021-2022) presents the Fama-MacBeth regression method used to test asset pricing models and addresses the difference when applying the regression method on individual stocks or portfolios composed of stocks with similar betas. This article is structured as follow: we introduce the Fama-MacBeth … Read more
In this article, Aastha DAS (ESSEC Business School, Bachelor’s in Business Administration, Exchange Student from Northeastern University) presents the “Women in Finance” association at Northeastern University. Background on women in finance In almost all industries around the world, women are underrepresented at the top, excluding few sectors like nursing and education. One industry where women … Read more
Why is Apple’s new iPhone 14 release line failing in the first few months? In this article, Aastha DAS (ESSEC Business School, Bachelor’s in Business Administration, Exchange Student from Northeastern University) discusses events about Apple’s products, their impact on Apple’s share price and the link with market efficiency. Brief reminder of the facts On Tuesday … Read more
Forex exchange markets In this article, Nakul PANJABI (ESSEC Business School, Grande Ecole Program – Master in Management, 2021-2024) explains how the foreign exchange markets work. Forex Market Forex trading can be simply defined as exchange of a unit of one currency for a certain unit of another currency. It is the act of buying … Read more
A quick review of the Equity Research analyst’s job… In this article, Louis DETALLE (ESSEC Business School, Grande Ecole Program – Master in Management, 2020-2023) explains what an Equity Researcher works on, on a daily basis. What does Equity Research consist in? The objective of equity research is to make buy or sell recommendations on … Read more
The Money Changer and his Wife In this article, Nakul PANJABI (ESSEC Business School, Grande Ecole Program – Master in Management, 2021-2024) talks about the The Money Changer and his Wife painting by Quentin Matsys and the related subject of foreign exchange markets. About the The Money Changer and his Wife painting This painting called … Read more
In this article, Aamey MEHTA (ESSEC Business School, Master in Finance, Singapore campus, 2022-2023) explains the key financial concept of market efficiency. What is Market Efficiency? An informationally efficient market is a market in which the current price of a security fully, rationally, and quickly reflects all information of that security We can measure the … Read more
In this article, Aamey MEHTA (ESSEC Business School, Master in Finance, Singapore campus, 2022-2023) shares his experience as a credit analyst at Wells Fargo. The Company Wells Fargo is the fourth largest bank in the United States in terms of total assets, with $1.9 trillion AUM. It is headquartered in San Francisco. On February 2, … Read more
In this article, Micha FISHER (University of Mannheim, MSc. Management, 2021-2023) explains the concept of Tracking Error in the context of exchange traded funds (ETF). This article will offer a short introduction to the concept of exchange-traded funds, will then describe several reasons for the existence of tracking errors and finish with a concise example … Read more
Approaches to investment In this article, Henri VANDECASTEELE (ESSEC Business School, Master in Strategy & Management of International Business (SMIB), 2021-2022) explains the two main approaches to investment: fundamental analysis and technical analysis. Fundamental analysis Fundamental analysis (FA) is a way of determining the fundamental value of a securities by looking at linked economic and … Read more
Focus on the General Inspection in banks In this article, Louis DETALLE (ESSEC Business School, Grande Ecole Program – Master in Management, 2020-2023) explains the General Inspection in banks. What is the General Inspection? The General Inspection (GI) path is a 3-to-9-year training program used to identify and develop the banking leaders of tomorrow. Indeed, … Read more
A quick review of the ECM (Equity Capital Market) analyst’s job… In this article, Louis DETALLE (ESSEC Business School, Grande Ecole Program – Master in Management, 2020-2023) explains what an analyst in ECM works on, on a daily basis. What does ECM consist in? The Equity Capital Markets or ECM teams are used to cover … Read more
In this article, Nakul PANJABI (ESSEC Business School, Grande Ecole Program – Master in Management, 2021-2024) talks about the Art as an asset class. Before delving into the economics of the art market and art’s significance as an asset class, let us first recollect the definition of an asset and an asset class. An asset … Read more
In this article, Nakul PANJABI (ESSEC Business School, Grande Ecole Program – Master in Management, 2021-2024) talks about the Charging Bull sculpture displayed on Wall Street. About the Charging Bull sculpture In mid of December 1989, a bronze sculpture of a bull in its charging position was dropped outside of the New York Stock Exchange. … Read more
Understand the mechanism of inflation in a few minutes? In this article, Louis DETALLE (ESSEC Business School, Grande Ecole Program – Master in Management, 2020-2023) explains everything you have to know about inflation. What is inflation and how can it make us poorer? In a liberal economy, the prices of goods and services consumed vary … Read more
In this article, Wenxuan HU (ESSEC Business School, Global BBA, 2021-2023) shares her internship experience as an intern in the Wealth Management Department in Hwabao Securities in China. The Company Hwabao Securities is a securities company of China Baowu Steel Group, one of the world’s top 500 companies. With the strong support of shareholders, Hwabao … Read more
Time Series Forecasting: Applications and Artificial Neural Networks In this article, Micha FISHER (University of Mannheim, MSc. Management, 2021-2023) discusses on the applications of time series forecasting and the use of artificial neural networks for this purpose. This article will offer a short introduction to the different applications of time-series forecasting and forecasting in general, … Read more
In this article, Shengyu ZHENG (ESSEC Business School, Grande Ecole Program – Master in Management, 2020-2023) explains reverse convertibles, which are a structured product with a fixed-rate coupon and downside risk. Introduction The financial market has been ever evolving, witnessing the birth and flourish of novel financial instruments to cater to the diverse needs of … Read more