Jeff K. Davis, managing director of Mercer Capital’s Financial Institutions Group, attended Creditflux’s private credit conference in New York a couple of days before the Brexit vote. He explains that there was not much concern mentioned among mostly U.S. credit investors about it as a market or economic catalyst; nor was there much concern expressed about an aging credit cycle. To read the full article in Mercer Capital’s Financial Reporting Blog, click: Income Post-Mortem and Coupon Clipping. This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.
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As mutual fund flows continue to favor passive strategies, some active fund managers are beginning to look to alternative asset classes to augment returns and generate sustainable alpha. Travis W. Harms Mercer Capital’s Financial Reporting Valuation Group lead, discusses how the inclusion of illiquid venture capital investments in liquid funds shines a brighter spotlight on fair value measurement. To read the full article in Mercer Capital’s Financial Reporting Blog, click: Marking Illiquid Investments in Liquid Funds. This article is republished from Mercer Capital’s Financial Reporting Blog. It is reprinted with permission. To subscribe to the blog, visit: http://mercercapital.com/category/financialreportingblog/.