Hints and tips:
...NBIM, which was already a top-10 UBS shareholder, has overtaken US investors Dodge & Cox and BlackRock to become the largest investor, according to S&P Capital IQ....
...Median CEO pay for the S&P 500 increased by 17 per cent to almost $15mn between 2020 to 2021. In many instances, this has not been driven by corresponding value creation over the long term....
...“After years of extremely low profitability linked to extremely low rates, banks now have a chance to recover some of their profitability levels from before the global financial crisis,” said Marco Nicolai...
...It plans to open a Cavafy Archive space in Athens later this year, and is restoring the poet’s Alexandria apartment....
...On the left, progressive Democrats, including Alexandria Ocasio-Cortez and Pramila Jayapal, accused Biden of capitulating to Republican demands....
...The S&P 500 is often used as the default comparison because of its ubiquity, but, in reality, it’s a poor benchmark for private equity returns given how top-heavy it is....
...Nicolai Tangen, chief executive of Norway’s $1.2tn oil fund, told the Financial Times that it would in particular target large salary packages that were not justified by performance, or were opaque or insufficiently...
...and Invesco, before jumping ship to benchmarking giant S&P....
...Nicolai Tangen, head of Norway’s $1.2tn oil fund, warned of a “real danger” that economic turmoil and a political backlash in the US would drive them down the agenda....
...Nicolai Tangen runs Norway’s oil fund, which owns stock in every listed company in the world....
...In Egypt alone they included Constantine P Cavafy, Edmond Jabès, Jacqueline Kahanoff and Lawrence Durrell....
...The S&P GSCI index, a broad measure of global commodities prices, rallied 20 per cent to the highest level since 2008, writes Adam Samson....
...Cavafy was born into Alexandria’s Greek community to parents from Constantinople. He spent his teenage years in England, where his family had a business, and he spoke Greek with an English accent....
...Nicolai Tangen and Yasir al-Rumayyan have had tricky summers for different reasons....
...Now, it seems to be business as usual, something investors are pricing into share valuations, as information technology has grown to represent one-quarter of the value of the S&P 500....
...“Alexandria Ocasio-Cortez is a rock star in Democratic party circles, young, progressive activist circles,” said Mr Ubertaccio....
...Mr Biden describes the Green New Deal espoused by Alexandria Ocasio-Cortez and other Democrats as a “crucial framework” for his plan. Fossil fuels remain the cornerstone of Mr Trump’s energy policy....
...“This removes the support we’ve become addicted to,” said Howard Silverblatt, senior index analyst at S&P Dow Jones Indices....
...DD readers should already know about the Pandemic Anti-Monopoly Act, the bill proposed by the progressive Democrats Alexandria Ocasio-Cortez and Elizabeth Warren, pictured below, to halt “predatory” mergers...
...In all fairness, most funds have fared better than the S&P 500....
...On the other side of the ocean, perfumes suggesting Ambre Solaire Sun Oil, from Fragonard’s Belle de Soleil to Parfums de Nicolaï’s Musc Monoï, continue to please....
...Additional reporting by Aime Williams in Washington Letter in response to this article: Investors need to be aware of the other bond bubble / From Paul Horne, Alexandria, VA, US...
...This year the S&P healthcare sector has returned about 12 percentage points less than the broader S&P 500, with dividends reinvested....
...J Paul Horne Alexandria, VA, US...
...Courtney Weaver on how Washington is deep in the throes of an Alexandria Ocasio-Cortez moment....
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