Hints and tips:
...The writer is a contributing columnist, based in Chicago A posse of 20-odd cyclists in Lycra whoosh down Detroit’s infamous “Cass Corridor”....
...So far this week, the S&P 500 is off 2 per cent. More Federal Reserve officials are putting zero rate cuts in 2024 on the table....
...Revenues have been flat for the past seven years, according to S&P CIQ data, which means they are falling in real terms....
...Parnassus has outperformed the S&P 500 over a five-year period and so did BlackRock’s biggest ESG fund....
...This rotation would push significantly higher all the laggards such as small-caps, oil and gas, materials, and more broadly stocks with low P/E and P/B ratios [price-to-earnings and price-to-book ratios]...
...For instance, a study by Dr Barbara Casu of Cass Business School found that the return on equity — a popular measure of a bank's operational performance — of UK banks dropped post-2008: Similarly insurance...
...Cass, a company that tracks a large database of U.S. freight transactions for smaller companies, has seen average per-mile costs (excluding fuel) rise 9% over the 12 months ended May 2018....
...“A choice between three firms is OK as long as they are all capable of delivering a very good audit,” says Laura Empson, professor at London’s Cass Business School....
...The insights from his work were summarised in Nudge, which was co-authored with Cass Sunstein, a professor at Harvard....
...P&G, that it decided to offer a third candidate an internship....
...This company had underperformed the S&P 500 index by 151 per cent, yet activist fund Elliott Management's call to change the chief executive is resisted despite owning 10.6% of the company....
...Earlier this year, research by S&P Dow Jones, the index provider, found that 99 per cent of actively managed US equity funds sold in Europe failed to beat the S&P 500 over the past 10 years....
...Europe, four out of five active equity funds failed to beat their benchmark over the past five years, rising to almost 9 out of 10 over the past decade, according to analysis published last month by S&P,...
..., researchers found that the number of S&P 1500 chief executives who finished a marathon almost doubled to between 7 and 8 per cent between 2001 and 2011....
...Daniel Ung, director of research at S&P Dow Jones Indices, said: “The 100 per cent figure is very shocking. The other statistics are not much better....
...Sir, You report that overall in Europe, S&P Dow Jones Indices found that 86 per cent of active equity funds underperform their benchmark over 10 years after fees (FTfm, March 21)....
...He added that fund companies tended to support one another at AGMs because it is “just bad manners to c**p on your neighbour’s doorstep”....
...Research published in last week’s FTfm by S&P Dow Jones Indices supports the academic’s stance....
...Retailers have made up one quarter of all private equity deals in the consumer sector since 2000, according to S&P Capital IQ data....
...Research by London’s Cass Business School shows that randomly chosen portfolios — that might as well have been picked by monkeys — are overwhelmingly likely to beat market-cap-weighted indices....
...Investment legend Warren Buffett, who at 84 is the S&P 500’s oldest chief executive, is constantly asked who his successor will be at Berkshire Hathaway....
...But they came last in the survey, which was conducted by the Institute of Directors and Cass Business School. A badly-governed company may be a decent medium-term investment, however....
...One of these themes, notes professor Ajay Bhalla of Cass Business School, is margin pressure....
...The FTSE and S&P indices may not offer such superlative returns, but they do offer security for investors. But is that the whole story?...
...The China Academy of Social Sciences (CASS) estimates that total government debt is now Rmb 27tn, or 53%, of GDP....
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