Monthly Archives: September 2020

(CNBC) Apple CEO Tim Cook received his largest stock grant since 2011, which will compensate him with large slugs of stock through 2025, according to an SEC filing on Tuesday.  Cook will get 333,987 units of restricted stock that will […]

(CNBC) U.S. stock futures declined on Tuesday night as traders digested the first U.S. presidential debate.  Positive data regarding a potential coronavirus treatment from Regeneron Pharmaceuticals kept the losses in check.  Dow Jones Industrial Average futures were down 101 points, or […]

(CNBC) Industrial and construction material stocks will be among the sectors that will benefit as U.S. markets hit fresh highs over the next year, JPMorgan Private Bank’s Grace Peters told CNBC on Tuesday. To read this article:

(CNBC) Money manager Loreen Gilbert is optimistic the market will return to all-time highs this year, and it has nothing to do with who wins the presidential election. She’s building her case on a strong — albeit uneven — economic […]

(Reuters) Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany’s Allianz, one of the world’s top asset managers, for failing to safeguard their investments during the coronavirus market meltdown. To read this […]

(Reuters) – When the death of George Floyd forced companies to reflect on why there were so few Black people in their senior ranks, top banks and private equity firms pledged to do better. To read this article:

(Hedgeweek) Asset managers should focus on addressing regulatory and governance issue or risk missing out on mandates, according to Bill Prew of INDOS Financial. To read this article:

(Opalesque) Worldwide regulated open-ended fund assets increased by 9.8 percent to EUR 51.7 trillion in the second quarter of 2020, said a report by European Fund and Asset Management Association (EFAMA). The largest markets, the United States and Europe, registered […]

(CNBC) Tesla’s stock has already risen more than 400% this year, but CEO Elon Musk said he thinks the company “will be worth more in five years” in an interview with Kara Swisher for a New York Times podcast. “Some critical […]

(CNBC) Wharton School professor Jeremy Siegel told CNBC on Monday the stock market is likely primed for strong gains next year, regardless of whether President Donald Trump or Joe Biden occupy the White House.  Siegel, who has been mostly bullish […]

(CNBC) President Donald Trump’s businesses have hemorrhaged hundreds of millions of dollars over the last two decades, allowing him to minimize his federal income tax bill to $0 or nearly $0 for many of the years in that period, according […]