The eternal quest for returns

In the City

The Holy Grail has inspired countless quests over the centuries, most recently attracting the attention of Tom Hanks in the film version of Dan Brown's Da Vinci Code. In finance, the grail that everyone is seeking is the magic formula for eternal wealth. Many industry professionals spend their lifetimes searching for it. One clue has been the work done by Nobel prize-winning economist Robert Merton et al which describes equity as a call on a company's assets after all the claims of the compa

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: