In the Margins
The S&P 500 no longer adds the shares of companies that don't provide sufficient voting rights to investors, a move that means Snap Inc. shares would be excluded from the equity benchmark. The decision follows a similar judgement last week from FTSE Russell, a division of the London Stock Exchange Group, which dropped Snap shares from its indices following a consultation with its clients. Read the original story from TheStreet.
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Fund industry litigators and others are watching an expansive class-action lawsuit filed recently against an interval fund that has been scheduled for liquidation since mid-2023, certain ...
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The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...
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