Good News: An Earnings Drop Might Not Bring a 2023 Recession, Says Stovall
Profit plunges don’t always augur an economic downturn, CFRA’s top strategist finds.
News
S&P Global Settles SEC Conflict of Interest Charges
Ratings agency agrees to $2.5 million fine over charges its sales and marketing team influenced analytics.
Real Estate Remains a Haven Asset Class Amidst Market Volatility
Asset class offers an inflation hedge and tends to remain stable or increase in value over the long run, according to experts.
Alternative Asset Managers Launch ESG Disclosure Tool
Template aims to improve transparency and consistency for companies and credit investors.
Nikko: How to Invest in Energy’s Future
Forget production companies, the investment firm says. There are much smarter alternatives.
Public Hearing Exposes Discord on QPAM Rule Implementation
A DOL public hearing held Thursday on the new QPAM Rule proposal highlighted concerns about foreign convictions and non-prosecution agreements as grounds for QPAM disqualification.
Incentive Compensation in Financial Services Projected to Drop in 2022
In the financial services sector, base salaries increase 4% to 5% for the second straight year in 2022, while bonuses are set to fall in a difficult year for investors.
SEC Rakes in Record $6.44 Billion in Penalties, Disgorgement in Fiscal 2022
Whistleblower program doles out $229 million.
T. Rowe: Conventional Wisdom on ’23 Market Is a Crock
Growth stocks rebound, banks are vulnerable, consumer staples rule—all those shibboleths are so last year, the firm’s CIO, John Linehan, says.
Vanguard Launches Australian Pension Fund
Investment manager aims to break into market down under by offering low-fee funds.
What Do Pension Funds Worry Over Most?
NEPC survey says they are leery of rising interest rates, the Fed’s ability to handle inflation and profit margins.
CPP Investments Increases Net Assets to $529 Billion at End of Second Quarter 2023
In Q2 2023, the CPP fund returned 0.2% while increasing total assets by $6 billion.
As Beijing Relaxes Pandemic Rules, Chinese Stocks Rally
China’s stocks and its economy have been slammed by the draconian restrictions.
SEC Seminar Provides Additional Clarity on Marketing Rule
A seminar hosted by the SEC today discussed some of the applications of the new rule and the expectations of the SEC.
Exploring ESG Investing: An ESG Path Forward
Asset allocators Zach Stein and Andrew Siwo discuss ESG and sustainable investing.