Banco Popular de Puerto Rico

Even momentum, which has made money in eight of the last 10 years, has plunged in 2019.

Those attracted to the asset management industry are highly susceptible to screening data to fit their existing preconceptions, new research shows.

BlackRock will appoint an “independent fiduciary to vote” on proxies, according to a spokesman.

The delay does not “indicate that the commission has reached any conclusions,” the regulator said.

“The general feeling is that progress is made every day, little by little,” an executive said of the crypto community’s optimism.

The billions of dollars that have flooded the state and local debt market this year have only heightened the craving.

CEO Ronald O’Hanley says the poor performance reflects both the industry’s “continued challenging conditions,” as well as “lower client activity.”

One theory for underperformance has been the long steady gains in markets since the financial crisis.

The allegation was laid out in an SEC order, which hit a U.S. unit of the firm with a $500,000 penalty.

The discussions, which have since been abandoned, centered on a REIT with a market value of $2 billion, according to people familiar with the matter.