Asset Allocation
Hotel Investing Remains Cheap as Sector’s Recovery Continues, per Expert
Morgan Stanley’s Bluhm notes that lodging deal activity is picking up amid lowering rates.
Tag: Caesars Entertainment
Market Moves
NYC Pension Funds File Board Diversity Proposals at 4 Firms
The city’s comptroller calls for disclosure of board members’ race and gender at Capital One, Las Vegas Sands, NextEra Energy and Caesars.
Asset Allocation
New York State Comptroller Files Diversity Proposals
Thomas DiNapoli is calling for more accountability from portfolio firms regarding corporate diversity, equity and inclusion.
Newsmakers
New York State Comptroller Calls for Political Spending Disclosures
Thomas DiNapoli files shareholder proposals with nine companies held in the state pension fund’s $233.2 billion portfolio.
Asset Allocation
What Corporate Cash Use Helps Stocks Most in the Pandemic?
You’d think the answer is stock buybacks. Guess again, says Goldman.
Asset Allocation
Lawsuit Accuses Caesars, Russell Investment of Gambling with 401(k) Plan
The plaintiffs claim switching from State Street has cost participants $100 million in losses.
Market Moves
Gundlach Charges the Fed Is Propping Up Rickety Companies
The central bank’s program to buy corporate debt just delays the inevitable collapse and makes it worse, the Bond King contends.