Reynolds Holding

DECEMBER 11, 2022

Domestic passive funds and ETFs now manage more than half of all assets under management (AUM) of domestic equity mutual funds and ETFs, and the Big Three passive fund managers (BlackRock, State Street, and Vanguard) cast over a quarter of the votes in S&P 500 companies.

Firm Value 122

Firm Value Finance Marketability Equity 122

Harvard Corporate Governance

MARCH 17, 2023

Today, streaming allows me to listen with ease to the whole album of an artist, or just that artist’s greatest hits, or a playlist of my own compilations, or those of other listeners. As a kid growing up in California, I used to go to the local record shop, buy a piece of vinyl and listen to the album on my record player.

Technology 320

Technology Marketability 320

Value Scope

JULY 21, 2020

By that time, more than $17 billion had been invested into sustainable-focused ETFs and open-end funds during 2019. In 2018, the number was about $5 billion. The first issue is that we don’t even know what ESG means,” Peirce continued. The Multiperiod Excess Earnings Method, (“MEEM”) has more promise.

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

Chris Mercer

MAY 19, 2023

As of today, May 19, 2023, the regional banking crisis may or may not be over but the SPDR® S&P Regional Banking ETF (KRE) remains almost 40% below its pre-Silicon Valley Bank high in early February. The goal of asset-liability management then, as now, is to develop stable and reasonably defensive earning streams.

Banking 98

Banking Treasury Start-ups Marketability 98

Reynolds Holding

MAY 18, 2022

Initial public offerings create new disclosures and ongoing streams of work for which SEC staff are responsible. Since 2016, the number of ETFs has increased by 25 percent to roughly 2,300. In FY16, Corporation Finance reviewed filings related to approximately 510 new registrants. That grew almost fourfold last year, to 1,960.

Marketability 59

Marketability Finance Corporate Finance Technology 59

Musings on Markets

JULY 25, 2023

I know that there are many who have issues with the ratings agencies, but I do think that the conflict of interest story, where ratings agencies attach higher ratings to entities, because they get paid to rate them, is overdone, and especially so with sovereign ratings (where the revenue streams are paltry).

Risk Premium 52

Risk Premium Equity Start-ups Risk-free Rate 52

Value Scope

SEPTEMBER 24, 2020

At the time, more than $17 billion had been invested into sustainable-focused exchange-traded funds (ETFs) and open-end funds during 2019. In 2018, the number was about $5 billion. “The The first issue is that we don’t even know what ESG means,” Peirce continued. The Multiperiod Excess Earnings Method, (“MPEEM”), has more promise.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130