In The News
The Governmental Accounting Standards Board issued guidance Tuesday to improve the reporting of Section 457 deferred compensation plans for state and local government employees.
Carillon Tower Advisers, a global multi-boutique asset management firm, today announced the launch of a new fundamentally driven, active U.S. small cap equity SICAV fund, the “Raymond James Funds Eagle U.S. Small Cap Strategy,” to be managed by its affiliate Eagle Asset Management (“Eagle”).
Americans gave US$450 billion to charity in 2019, about $1 billion less than a record high in 2017, after adjusting for inflation. Thanks in large part to strong economic conditions in 2019, our team found total giving rose 2.4%.
A lack of focus on diversity and high tuition costs have kept down the population of African-Americans at business schools and harmed their pipeline to corporate jobs, graduates and school advisers say.
The Sterling Group has closed its fifth flagship private equity fund on a $2 billion hard cap, exceeding a predecessor that raised $1.25 billion in 2015.
Netflix CEO Reed Hastings and his wife, Patty Quillin, announced Wednesday morning that they have given $120 million toward scholarships at historically Black colleges and universities — the largest individual donation to the institutions to date.
Calpers’ CIO says there is “no alternative” to increasing the riskiness of its investments. That’s simply not true.
By investing in private equity and credit, we expect to be able to achieve 7% returns.
Calpers hopes bold move will boost efforts to achieve its 7% return target
David Kostin said in a research note that analysts at Goldman had been reflecting on a “remarkable” rally during the last three months.