Ultra-long No repayment in a lifetime doesn’t deter today’s investor. Austria’s first 100-year bond in Sep attracted twice the usual number of investors. Neither lender nor borrower will be around to see the bond repaid. Central bank quantitative easing fixed-income purchases have drained liquidity, dropped yields to record lows and caused risk mis-pricing. Guessed the Word? …
Category: U
University Britain has 7 of the world’s top 30 universities, but none have the commercial focus of Harvard. Britain hasn’t created a tech giant like Apple, Amazon, Facebook or Google Guessed the Word? Series 9 (2/6) [photo: vloveland]
Universal basic income (UBI) Free money to every citizen is simpler than complex welfare benefits + tax credits. But the cost would be enormous and why bother working? Guessed the Word? Series 6 (4/5) [photo: peter-facebook]
Unicorn – a mythical horned creature in fairy tales, but very real in the business world, a Unicorn is a start-up, which is not yet a public company, with a valuation of more than US$ 1 billion. Examples – Airbnb, Snapchat, Uber, Xiaomi. Can we help your firm become one? What’s the Word? Series…