Institutional Investor (July 15)
“Investors need to understand the limits of what high returns tell them about a fund and probe deeper than the track record. In credit, headline returns can look attractive for years until the weakest loans finally reveal themselves. Only then do investors discover what was really sitting at the bottom of the portfolio.”
Tags: Credit, Fund, Headline returns, High returns, Investors, Limits, Loans, Portfolio, Probe, Reveal, Track record, Understand, Weakest
Financial Times (June 10)
“The depth of collusion between Toshiba, the Japanese government and the former investment head of the world’s biggest pension fund to influence board nominations last year has been laid bare by an independent probe” and “represented an attempt to unfairly restrict the exercise of shareholder rights.”
Tags: Board, Collusion, Depth, Exercise, Fund, Government, Independent, Influence, Investment, Japan, Nominations, Pension, Probe, Restrict, Shareholder rights, Toshiba, Unfairly
Time (April 8)
“The end of the special counsel’s probe gives Donald Trump one of the biggest wins of his presidency…. A special-counsel investigation of this ilk might have proven fatal to Trump’s predecessors, yet the President survived it.” Still, “Mueller’s verdict was not nearly as definitive as the President and his allies would claim. He did not clear Trump of obstruction.”
Tags: Investigation, Mueller, Obstruction, Probe, Special counsel, Trump, Verdict
