Portfolio

The latest roundup of 32 IBD affiliation moves, M&A deals and expert studies reveals the mixed impact of the coronavirus.

“It’s going to flip everything on its head,” says one XY Planning Network advisor.

Recognizing the elephant — and donkey — in the room can lead to a broader conversation about long-term investing

In the first half of the year, the country’s largest pension system cast votes against pay plans at 1,165 firms, or 52% of portfolio companies that held votes.

The current proposal “would lead to worse outcomes for plan participants as plan sponsors shied away from assessing ESG risks in selecting investments,” the research firm says.

The move follows efforts to reduce expenses in the company’s global wealth management business.

Three of the quartet join the South Dakota office, while the fourth is in Washington state.

“The primary drawback of fewer hedge fund filings is lack of clarity around crowding risk,” strategists from the firm write.

There has been increased demand for havens amid a resurgence in coronavirus cases, flaring political tensions and a weaker dollar.

“No one could have envisioned what this virus was going to do to the commercial real estate space,” an expert says.