Publications

March 2013 (Revised March 2013)
Case

Rough Justice: Stuart Eizenstat and Holocaust-era Asset Restitution (A)

By: James K. Sebenius and Laurence A. Green

Beginning in 1994, a series of articles and public disclosures indicated that Swiss banks may have retained assets belonging to victims of the Holocaust, and also may have engaged in long term attempts to block survivors' ability to recover those assets after World War... View Details

Keywords: Banking; Banking And Insurance; U.s. History; Germany; Europe; Governance; History; Negotiation; Business and Government Relations; Banking Industry; Insurance Industry; Germany; United States; Switzerland

Spring 2012
Article

The Roadmap for Private Equity, Venture Capital and Hedge Funds in Mexico: Alternative Assets as an Accelerator of Credit to Firms in Emerging Markets

By: Roberto Charvel

This article shows how alternative assets could be a good way for banks to start providing more loans to firms in emerging markets and finance growth, while giving local institutional investors access to new asset types. View Details

07 Jan 2011
News

Narcissists Rejoice: Self-Centeredness Is an Asset

January 2003
Article

A Multivariate Model of Strategic Asset Allocation

By: Luis M. Viceira, John Y. Campbell and Y. Lewis Chan

Keywords: Assets; Resource Allocation

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January 2015 (Revised September 2017)
Case

Omar Selim: Building a Values-Based Asset Management Firm (A)

By: George Serafeim, Rebecca Henderson and Shannon Gombos

The sustainable investing market was a recent phenomenon in the first decade of the 21st century. However, an increasing number of investors began to integrated Environmental, Social and Governance (ESG) issues in investment decisions. At Barclays Capital, Omar Selim... View Details

February 2011
Journal Article

Minimal Settlement Assets in Economies with Interconnected Financial Obligations

By: Julio J. Rotemberg

A model is developed where firms belonging to a group are obliged to make payments to one another by using a liquid asset. The paper studies the exogenous endowments of this asset that are necessary to assure that all obligations are met. Conditions are presented under... View Details

Keywords: Borrowing and Debt; Financial Liquidity; Financing and Loans; Networks

Research Summary

Portfolio Betas Do Not Make for Better Asset Pricing Tests

Many papers claim that because using portfolios instead of individual stocks as test assets minimizes idiosyncratic volatility, their use also yields more precise estimates of risk premia. I show that while portfolio formation does lead to more efficient beta... View Details

fall 1994
Article

Banc One Corporation: Asset and Liability Management

By: B. C. Esty, P. Tufano and J. Headley

Keywords: Banks and Banking; Assets; Finance; Management; Banking Industry; United States

2004
Book

Strategy Maps: Converting Intangible Assets into Tangible Outcomes

By: Robert S. Kaplan and David P. Norton

Keywords: Strategy; Assets; Outcome or Result

August 2020 (Revised December 2020)
Case

Satrix: Competing in the Passive Asset Management Industry in South Africa

By: Mark Egan, Pippa Tubman Armerding and Dilyana Karadzhova Botha

In late 2017, Satrix, one of the largest passive asset management firms in South Africa and a pioneer in the industry since 2000, had to decide its strategy going forward in a market where passive asset management had become increasingly commoditized and... View Details

Keywords: Asset Management; Investment Funds; Competition; Competitive Strategy; Financial Services Industry; South Africa; Africa

May 1991
Background Note

Analysis and Reporting of Long-Lived Tangible Assets

By: David F. Hawkins

Keywords: Assets

Article

The Right Amount of Assets under Management

By: André Perold and Robert S. Salomon Jr.

Keywords: Assets

April 2003
Article

Expect More Significant 2003 Asset Impairment Charges

By: David F. Hawkins

Keywords: Assets

November 2007
Teaching Note

Asset Allocation I, II & III (TN)

By: Joshua D. Coval and Erik Stafford

Keywords: Resource Allocation; Assets

September 2020 (Revised March 2022)
Teaching Note

Fluidity: The Tokenization of Real Estate Assets

By: Marco Di Maggio and Susie L. Ma

Teaching Note for HBS No. 219-057 View Details

June 1997
Article

New International Asset Impairment Accounting Standard Proposed

By: David F. Hawkins

Keywords: Global Range; Accounting; Standards

July 2009 (Revised August 2009)
Teaching Note

Kim Park (A): Long-lived Nonmonetary Assets (TN)

By: David F. Hawkins

Teaching Note for [110017]. View Details

Keywords: Assets

November 2009 (Revised November 2010)
Case

SIPEF: Biological Assets at Fair Value under IAS 41

This case examines fair value accounting under lAS 41 for a European-listed agricultural firm. Students identify the firm's core operations, distinguishing the IFRS treatment for three distinct assets: land, agricultural assets that reside on the land, and inventory... View Details

Keywords: Business Earnings; Fair Value Accounting; Financial Reporting; International Accounting; Standards; Valuation; Agriculture and Agribusiness Industry; Europe