Sheng Yao is a member of the MSCI research team focused on developing private-asset models. He obtained his master’s degree in financial mathematics from the Massachusetts Institute of Technology and his bachelor’s degree in economics from the University of Southern California.
Research and Insights
Articles by Sheng Yao
Private-Infrastructure Risk: Tilting at Windmills4 mins read Blog | Dec 8, 2020 |
Private-infrastructure investments are often treated as comparable to relatively safe long-duration bonds with attractive yields, but this approach can mislead investors as they evaluate risk, yield and portfolio hedges.