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Why Passive Investing is on the Rise

What is passive investing and what has driven its ascent?…


What CEOs Get Wrong About Activist Investors

We were shareholder activists once. For two years,we conducted an activist campaign at Tejon Ranch, the largest private landowner in California and a publicly traded company. We earned a 13% return not bad by industry standards but we failed to change the …

Harvard Business Review

After Years of Talk, MiFID II Is Live. Here’s How It’s Already Changing the Research Business.

About a decade ago, when Ryan Shea worked as the head of research at a sovereign wealth fund, buy-side representatives regularly flocked to meetings with a particular strategist at a big bank…