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What a Difference! Do you still remember December of 2018? Market returns were the worst for a December in more than 80 years! On Christmas Eve of 2018, the downturn in the U.S. intensified in a particularly unnerving fashion. At the intraday low on that day, the U.S. market had declined by ...
Stakeholder Primacy In August, the Business Roundtable, a group composed of chief executives of 181 of the U.S.'s largest corporations, released a statement that outlined a "modern standard for corporate responsibility." All 181 CEOs signed the statement, vowing to "commit to lead their co...
Quarter Update In the June quarter, the Oakmark Global Fund (OAKGX) gained 4.3%, while the MSCI World Index returned 4% and the Lipper Global Fund Index returned 3.1%. These numbers seem to suggest a pleasant rally in the period, but those who follow the market closely know that it was anyth...
The latest departure under Credit Suisse (NYSE: CS ) CEO Tidjane Thiam, Iqbal Khan spent six years at the bank, first as CFO of Private Banking & Wealth Management then as CEO of International Wealth Management in 2015. More news on: Credit Suisse Group AG, Julius Baer Precious Metal...