Editor’s Letter

[...]with the daily explosion in the growth of new billionaires and millionaires globally, more individuals and families with their family offices are dominating and driving the search for alpha. [...]approximately 86% of the currency in India became worthless. The author, using quarterly data for the Eastern European countries covering the period 2000–2014, confirmed the existence of a positive correlation between the number of IPOs (in the year t) and the willingness of institutional investors to allocate funds to private equity firms (in the year t + 1). [...]the findings furnish direct evidence of price randomness and price discovery to financial economics literature, as well as indirect evidence of circuit breaker efficacy to market microstructure literature.