Schwartz Investment Counsel, the investment adviser for the Ave Maria Mutual Funds, has announced several portfolio manager changes and promotions, effective Jan 1.
The share of the Japanese yen in global currency reserves hit a multidecade high last year. Paradoxically, that may be a symptom of the world’s ravenous appetite for U.S. dollars.
Last month, climate change protesters stormed the field at the annual football game between Harvard and Yale Universities, delaying play for nearly an hour.
“Home bias” is one of the great money management foibles, but don’t tell that to U.S. investors. They have been favoring their domestic stock market and loving it.
Regulators and investors are focusing more attention on how private-equity firms value the assets they own, making the valuation process both more complicated and costly.
A former investment manager alleges in a whistleblower complaint to the Internal Revenue Service that the Church of Jesus Christ of Latter-day Saints has amassed about $100 billion in accounts intended for charitable purposes, according to a copy of the complaint obtained by The Washington Post.