Financial Markets

Must Read

McKinsey Global Institute: Mapping Global Capital Markets 2011

In its 2011 updated analysis of more than 75 countries on the size of their outstanding equity and debt, cross-border capital flows, and the stocks of foreign investment assets and liabilities, MGI finds that the recovery of financial markets remains uneven across geographies and asset classes and significant risks remain.

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Op-Ed Author: Benn Steil
Financial News

Benn Steil's February column in Dow Jones' Financial News looks at last week's two big proposed transatlantic exchange mergers, arguing that, unlike the earlier round of high-profile tie-ups (when large takeover premiums were paid), these are being driven by recognition that all the big bourses are becoming uncompetitive in their once-core equity trading businesses.

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Teaching Module

Teaching Module: More Money Than God

Author: Sebastian Mallaby

Featuring teaching notes by CFR Senior Fellow Sebastian Mallaby, author of the CFR book More Money Than God: Hedge Funds and the Making of a New Elite, this teaching module includes additional resources to supplement the teaching of the text in the classroom. In this book, Mr. Mallaby gives an insider's view on the origin and evolution of hedge funds in the broader context of the history of modern finance through extensive research and numerous case studies.

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