Asset management companies have been grappling with investors’ increasing preference for passive funds, which are less costly. On March 6, 2017, in a move shaking up Scotland’s financial services sector, Standard Life Plc. and Aberdeen Asset Management Plc. created the second-largest fund manager in Europe with an 11 billion poundContinue Reading


Dr. Scott Gottlieb, former Commissioner of the Food and Drug Administration, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, U.S., September 15, 2021. Brendan McDermid | Reuters Former Food and Drug Administration Commissioner Dr. Scott Gottlieb said Monday that U.S. intelligence agencies should beContinue Reading


Climate catastrophes are poised to destroy American homes, and banks are starting to calculate their risks. Jesse Kennan, associate professor of real estate at Tulane University, refers to this process as “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank orContinue Reading