Elliott Advisors supports GSK's plans to split into two companies and has made five recommendations. One is that a refreshed board do an internal and external search for the CEO of New GSK. Many are interpreting this as an attack on CEO Emma Walmsley. It is not. It is just good corporate governance.
Superforecasting harnesses the wisdom of wise crowds. It has predicted everything from election results to market moves. We believe it has huge implications for the financial services industry.
Paul Pelosi, the husband of House Speaker Nancy Pelosi, made $5 million selling Alphabet holdings this June, as Big Tech got scrutiny in Washington. Here's why it wasn't insider trading.
Robinhood has filed for an IPO amid its mixture of surging growth and deep problems with customers and regulators. As part of the IPO, cofounders Vlad Tenev and Baidu Bhatt stand to make billions in incentive awards, Forbes has found.
There's been plenty of news headlines indicating that hedge fund performance has weakened over the last 10 to 15 years, but now a new study takes those headlines beyond anecdote.
In his May letter to investors, Odey Portfolio Manager Adrian Courtenay said they had been gradually repositioning the portfolio to better align with inflation and sensitivities to government bond yields.
The number of new trends and technologies that mark the post COVID future are mind boggling, but corporates need to make sense of them and work to understand new ecosystems, institutions ans regulations.
Self-described as “Wall Street’s Gossip Girl,” Wall Street Confessions is the brainchild of Riya Sharma, a 22-year-old recent college dropout from New Jersey who works in financial media and is the daughter of Indian immigrants.
The Eurekahedge Hedge Fund Index gained 0.87% in May, roughly in line with the return in the broader equity market as measured by the MSCI ACWI (local)'s 0.83% return.
The 23.8% rate may go to 43.4%, an 82% increase. Add state taxes and you may be well over 50%. Can you sell quickly before the new law takes effect? As proposed, the rate hike is already in effect for sales after April 28, 2021.
Whatever it is, ethical investing is not new. The prior boom for so-called “cleantech” stocks in the mid-2000s ended in a bust with countless investors losing massive amounts of money a few years later. Today’s ethical investors should ask themselves what they can learn to avoid a similar fate...