In addition, the further pensions migrate from transparent, liquid markets, the greater the risks.

FORBES: Public Pension Suckers For Private Equity

Moreover, the protection must be in a liquid, transparent, and unleveraged vehicle, with reasonable fees.

FORBES: Hedging Your Risk Without Missing The Bull Market

This negative is illuminated from the front by an arc lamp, and the light from this lamp passes through the transparent regions of the liquid-crystal layer to the middle layer.

ECONOMIST: Curtains for celluloid

This may sound a bit like financial alchemy, but I can assure you that it can be accomplished in a liquid and transparent manner using exchange traded funds (ETFs) and publicly traded options.

FORBES: Rethinking Long-Only Equity