Active equity managers who've seen institutional clients move toward more passive investment in recent years have another potential roadblock to navigate in upcoming European regulations requiring research cost disclosure.
Consultants and pension fund executives across the globe are putting more emphasis and focus on stress and scenario testing of portfolios following a year of geopolitical surprises and all-time highs in markets.
Institutional investors are beginning to dramatically restructure their hedge fund portfolios, pairing a core allocation of cheaper alternative beta investment strategies with a satellite portfolio of alpha-generating hedge funds.
Proponents of better corporate governance in South Korea haven't lost hope that two steps forward may yet follow a big step backward involving a 2015 vote by the country's largest pension fund on a Samsung group restructuring.
The CFA Institute released the results earlier this week of the Level I exam taken in December. Of the 59,627 candidates who took the exam at various locations around the globe, 43% passed. The CFA Institute began offering candidates looking to get a head start on the program -- or make up for earlier shortcomings -- in 2003 after four decades of holding the exam once a year.
Money management executives and consultants are starting to fall out of love with high-yield bonds following a tumultuous but rewarding 2016, as the outlook wanes for the asset class amid rising U.S. interest rates.
Supreme Court nominee Neil Gorsuch's legal positions are reassuring employer groups that they will have a pro-business ally critical of regulators and investor lawsuits if he is confirmed to replace the late Justice Antonin Scalia.
President Donald Trump continued his push to trim federal regulations, signing on Feb. 3 an executive order that federal regulators revisit the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, and a separate executive memorandum directing the secretary of labor to consider delaying or replacing the fiduciary rule that is scheduled to go into effect in April.
Restricting proxy access is an unacceptable limitation that effectively disenfranchises all but the largest shareholders from potentially participating in access to corporate proxy materials to nominate directors.