(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 […]

(Opalesque) Institutional investors remain highly engaged with private capital markets, even as the impact from COVID-19 lingers and the U.S. presidential election looms large, said a survey. According to a new survey from Eaton Partners, the strategies getting the most […]

(CNBC) Stock futures climbed in overnight trading on Sunday following a four-week losing streak on Wall Street. Futures on the Dow Jones Industrial Average rose about 100 points. The S&P 500 futures gained 0.3% and the Nasdaq 100 futures climbed […]

(Marketwatch) Nervous investors will be among what’s expected to be a record-breaking audience on Tuesday for the first debate between President Donald Trump But how they react is more likely to be driven by which candidate is perceived to come […]

(Hedgeweek) Cineworld, the beleaguered London-listed global cinema group long targeted by hedge fund short sellers, has been dealt a fresh blow as a result of the Covid-19 pandemic, reporting a USD1.6 billion first-half loss with revenues plummeting after theatres were […]

(CNBC) Stock market volatility, with sharp ups, downs and reversals, is likely to be the norm again in the week ahead, as investors await Friday’s jobs report and watch headlines from Washington and the presidential debate. To read this article:

(CNBC) The man in charge of building investment strategy for Wells Fargo Securities won’t put new money to work in stocks right now. Christopher Harvey believes the market is too vulnerable to another correction and a 50% surge in volatility. […]