In this paper, we use methods from social network analysis to assess the relative importance of financial centers around the world. Using data from virtually the entire universe of global equity activity, we present two sets of complete rankings for up to forty-five separate locations for the...

This paper investigates whether the type of institutional affiliation of a collateralized loan obligation (CLO) manager influences the manager's access to information and risk appetite. We base our investigation on CLO managers' trading of distressed loans. Our findings reveal that CLO managers...

In this paper, we use methods from social network analysis to assess the relative importance of financial centers around the world. Using data from virtually the entire universe of global equity activity, we present two sets of complete rankings for up to forty-five separate locations for the...