You own a prime plot of land worth KSh 2 million. Your SACCO account holds KSh 500,000, and your investment portfolio ...

If we can get our client families to accept the illiquidity that comes with private investments, we can unlock investment ...

Illiquidity turned routine liquidations into a catastrophic 90% price collapse for OM. Excessive leverage in a thin market ...

With over 80% of the Botswana Stock Exchange’s free-floating stock in the hands of local pension funds, traders, and listed ...

The illiquidity issue is currently the most significant risk to the markets, as the sharp spike in yields this past week is ...

Lerner, Josh, and Antoinette Schoar. "The Illiquidity Puzzle: Theory and Evidence from Private Equity." Journal of Financial Economics 72, no. 1 (April 2004): 3–40.

In this issue you will find three papers: “Corporate equity performance and changes in firm characteristics”, “Uncertain risk parity” and “What drives the January seasonality in the illiquidity ...