With news about a newly discovered earth-like planet and out-of-this-world comments from Donald Trump, we hardly noticed when a little article on Bridgewater Associates passed through our orbit last week. It was a rare galactic phenomenon: the non-clarification.
Vanguard and Blackrock, two of the world’s largest fund managers, recently warned corporate boards to expect tougher scrutiny on governance issues during this year’s proxy balloting. Growling like this can be an effective communication strategy, up to a point.
The SEC has just opened the door for broad public marketing of investments from start-ups, hedge funds and private equity firms, breaking a taboo that has been in place for 80 years. No, we’re not likely to see Henry Kravis pitch buyout funds on late-night television alongside ads for pizza and discount furniture. But some […]
Prominent hedge-fund manager Leon Cooperman wrote a widely distributed letter to President Obama this week in which he decried the President’s role in framing the national economic debate in “class warfare” terms. Cooperman’s words are remarkably similar to those of another pubic figure who warned a President about the risks stemming from a bruising policy […]