A friend says it would be great if you could choose where to be born and as what. If you were born in 1900 you should have been born in England. If you were to be born in 1950 you should have been born in US. If you were born in 2000 you would be […]
The easiest way to define ‘liquidity risk’ is risk that arises from the difficulty of selling an asset. An investment may sometimes need to be sold quickly. The reasons can be different for individuals and different for an investment manager. Unfortunately, an insufficient secondary market may prevent the liquidation or limit the funds that can […]