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Reflections on unusual times negative rates, buybacks and changing corporate governance

June 24, 2015
Few topics mirror the distortions in global economics and finance more than negative interest rates, share buybacks and changing corporate governance. We reflect on each in this latest issue. [more]

More documents contained in "Konzept (Engl.)"

18 (13-18)
November 25, 2014
It is fashionable to say Germany is heading down the path of post-bubble Japan. But what if the Japan to worry about is not the deflationary 1990s but the previous decade when golf club memberships swapped hands for millions of dollars? And just as there is a risk investors fail to apply the lessons of a rising sun to Germany, there is a danger that Japan’s post-bubble era is ignored by China and South Korea. [more]