Monday, December 9

Tag: investment advice

A Yearlong Way to Boost Stock-Market Returns
25Dec By adminNo Comments
Money

A Yearlong Way to Boost Stock-Market Returns

Holiday lights, ugly sweaters and culling your losers. December is the month American investors are bombarded with reminders to dig through their portfolios for the stocks or funds they wish they hadn’t bought. Their consolation prize is the ability to reap tax savings and boost long-run returns. But making tax-loss harvesting a seasonal exercise means lots of money is left on the table.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Credit Suisse to Pay $10 Million After SEC Alleges Prohibited Underwriting, Advising
14Dec By adminNo Comments
Money

Credit Suisse to Pay $10 Million After SEC Alleges Prohibited Underwriting, Advising

Credit Suisse Securities and two affiliated entities will pay more than $10 million to settle charges from the U.S. Securities and Exchange Commission that it allegedly provided certain prohibited services.The SEC said Wednesday that the bank acted as an underwriter and investment adviser to mutual funds after being prohibited from doing so by a New Jersey court in October 2022.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Investcorp Joins Corsair’s $4.8 Billion Infrastructure Business
11Dec By adminNo Comments
World

Investcorp Joins Corsair’s $4.8 Billion Infrastructure Business

Dec. 11, 2023 7:00 am ET|WSJ ProInvestcorp has acquired a half-interest in Corsair Capital’s nearly $5 billion infrastructure business, injecting the Bahrain-based firm into a global industry and giving Corsair a capital boost as sheer heft becomes increasingly important in attracting institutional investors to new funds.New York-based Corsair, which also makes buyout investments, managed $9.6 billion at the end of September, including $4.8 billion in infrastructure assets mostly in transportation and logistics. Among those holdings is management company Vantage Airport Group, which helped build the new Terminal B at New York’s LaGuardia Airport and is working on another at John F. Kennedy International Airport.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856...
Read More
Cathie Wood Urges Investors to Heed the Risks of a Deflationary World
15Nov By adminNo Comments
Money

Cathie Wood Urges Investors to Heed the Risks of a Deflationary World

Cathie Wood still expects the price of bitcoin to hit $1 million someday. The founder of ARK Investment Management built the firm into an investor darling during the Covid-19 pandemic with successful bets on largely unprofitable, “disruptive” technology companies. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Morgan Stanley’s James Gorman Picked a Good Time to Leave
28Oct By adminNo Comments
Money

Morgan Stanley’s James Gorman Picked a Good Time to Leave

Oct. 28, 2023 10:27 am ETJames Gorman guided Morgan Stanley through years of superlow interest rates and booming stock markets. His successor, Ted Pick, might have to come up with some new ideas for a new era.Gorman, who will step down at the end of the year after almost 14 years as chief executive, bet big on wealth and asset management by absorbing all of Smith Barney and later buying E*Trade and Eaton Vance. He certainly had the right strategy in the market’s eyes: Since the start of 2010, when he became CEO, the firm’s 8.6% annualized total return has been second only to JPMorgan Chase’s among the U.S. global banks, according to FactSet data. And by valuation, Morgan Stanley has often been the leader of the pack, generally trading at a higher price-to-book ratio than even JPMorgan sin...
Read More
Morgan Stanley’s James Gorman Picked a Good Time to Leave
28Oct By adminNo Comments
World

Morgan Stanley’s James Gorman Picked a Good Time to Leave

Oct. 28, 2023 10:27 am ETJames Gorman guided Morgan Stanley through years of superlow interest rates and booming stock markets. His successor, Ted Pick, might have to come up with some new ideas for a new era.Gorman, who will step down at the end of the year after almost 14 years as chief executive, bet big on wealth and asset management by absorbing all of Smith Barney and later buying E*Trade and Eaton Vance. He certainly had the right strategy in the market’s eyes: Since the start of 2010, when he became CEO, the firm’s 8.6% annualized total return has been second only to JPMorgan Chase’s among the U.S. global banks, according to FactSet data. And by valuation, Morgan Stanley has often been the leader of the pack, generally trading at a higher price-to-book ratio than even JPMorgan sin...
Read More
Activist Builds News Corp Stake, Plans to Seek Changes
16Oct By adminNo Comments
World

Activist Builds News Corp Stake, Plans to Seek Changes

Starboard Value has built a stake in News Corp and the activist shareholder plans to push for strategic and governance changes at the Wall Street Journal parent. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More