Fundamental indexing is great, but bolting on a price momentum component is best. Gregg Fisher, chief investment officer at New York-based investment manager Gerstein Fisher, is out with a white paper on Tuesday that concludes “smart beta” strategies that incorporate both fundamentals metrics and price momentum perform best in historical models. Fisher keys in specifically [...]
David Kotok, chief investment officer at Cumberland Advisors, expects the market to be "rocky" and volatile in the face of these cross-Atlantic debt concerns but remains overall bullish on stocks.
At one of the closing sessions at Morningstar’s Investment Conference, Pimco’s Chief Executive, Douglas Hodge, and Chief Investment Officer, Daniel Ivascyn sought to reassure investors that the turmoil of the past year was behind them and that parent company Allianz (ALIZF) was being supportive. Hodge says Pimco’s assets have fallen from a peak of $2.1 [...]
Microsoft CEO Satya Nadella announced a bunch of changes to his top leadership team on Wednesday. Among them: Mark Penn, Microsoft's chief strategy officer, would be leaving to start a new investment fund. It turns out that fund is backed by his old boss, the former CEO of Microsoft Steve Ballmer, the two of them announced in a press release. Show More Summary
(Reuters) - Jimmy Lee, one of JPMorgan Chase & Co's most senior investment bankers, has died, Chief Executive Officer Jamie Dimon said in a statement on Wednesday. Lee was 62. "Jimmy was a master of his craft, but he was so much more – he was an incomparable force of nature," Dimon said in the statement. Show More Summary
By Nick Carey CHICAGO (Reuters) - U.S. chief executive officers have become a bit more pessimistic in their outlook for the American economy in 2015 and fewer of them expect to increase sales, investment and hiring this year, a quarterly business group survey said on Monday. Show More Summary
As part of an ongoing effort to reboot Tidal's image, Vania Schlogel, Tidal's chief investment officer, appeared today at the Midem music and technology conference in Cannes to explain the company's vision and defend it from the vitriol that's been hurled at it since day one.
Mortgage Fraud Blog. Carlton P. Cabot, 52, Stamford, Connecticut, and Timothy J. Kroll, 44, New Hope, Pennsylvania, – the former Chief Executive Officer and Chief Operating Officer of Cabot Investment Properties LLC, respectively – were...Show More Summary
New York Life: John Y. Kim, 54, was promoted to president. He continues as chief investment officer. Chris Blunt, 53, was appointed president of the company's investments group. He was previously... To view the full story, click the title link.
On Wednesday, Rex Tillerson, the chief executive officer of ExxonMobil, said the oil giant doesn’t invest in renewable energy because “we choose not to lose money on purpose.” The implication, of course, was that it’s difficult—even impossible—to realize a return on investments made in solar and wind. Show More Summary
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. The top hedge fund managers are dominating the industry (Chief Investment Officer) Data released by Preqin shows 92% of hedge fund assets are controlled by the top 11% of managers. Show More Summary
Mayor Rahm Emanuel on Friday named former CTA Chairwoman Carole Brown, an investment banker who counts the city among her clients, to take over as his chief financial officer amid a mounting series of financial woes.
Tidal chief investment officer Vania Schlogel was interviewed by the Wall Street Journal about the new music streaming service owned by Jay-Z and other major artists, focusing on artist compensation and competition from other music services. Related articles I Think Jay Z Destroyed My SoundCloud Account Does A Tidal Wave...
More changes at Pacific Investment Management Co. Pimco’s London-based chief officer of global equities, Virginie Maisonneuve, is leaving, and Pimco is shutting the doors on two of its stock strategies, reports Kirsten Grind reports for The Wall Street Journal. Maisonneuve is exiting “of her own acccord,” WSJ reports, and will officially step down in June: [...]
(Reuters) - Pimco's global equities Chief Investment Officer Virginie Maisonneuve is leaving the firm, the company said in a statement on Thursday, after a little more than a year after she was brought in to build up the firm's equity business. Show More Summary
Stocks, Profits, GDP David R. Kotok, Chairman and Chief Investment Officer Cumberland Advisors May 11, 2015 So here we are. The GDP of the United States is approaching $18 trillion (17.8 is the most recent estimate, and that is before many forthcoming revisions). That estimate reflects the known effects from the strengthening dollar,...Read More
While UM has been involved in programmatic buying for nearly five years, it's recently begun investing in a slate of technology to bolster its work in this area, says David Cohen, Chief Investment Officer at UM. Specifically, UM hasShow More Summary
Bloomberg News Leon Cooperman, founder, chairman and chief executive officer of Omega Advisors Inc., speaks during the 20th Annual Sohn Investment Conference in New York, U.S., on Monday, May 4, 2015. Leon Cooperman believes the U.S. stock market ought to notch steady gains for the remainder of 2015, but is warning investors to back away [...]
Jeff Skoll’s Participant Media has tapped Sam Neswick for the new post of Chief Strategy Officer. He will oversee strategy, investments, innovation and corporate development and head up strategic partnerships for Participant. Neswick joined the company last year as SVP Strategic Planning. Show More Summary
NEW YORK (Reuters) - Jeffrey Gundlach, chief executive and chief investment officer of DoubleLine Capital, said Monday that he recommended that investors buy Puerto Rican municipal bonds and that interest rates have bottomed. "Puerto...Show More Summary