In an article published yesterday in the Financial Times Guillaume Prache of BETTER FINANCE was quoted on the topic of fund houses backing board decisions. Following revelations that asset managers back corporations on issues such as executive pay at least 90 per cent of the time, fund houses have been accused of failing to hold
Free translation of French article on Finance and Regulation Following Bruegel, it was BETTER FINANCE’s turn to bring European policymakers and stakeholders together in Brussels to discuss the CMU project. BETTER FINANCE is an NGO funded by the European institutions, fighting for a financial system at the service of individuals and the real economy. Up
On October 4th, BETTER FINANCE’s newest report on the performance of pension funds in eight EU countries was covered in an article in The Economist. Focusing on the conclusions of the report, the article stresses European savers have suffered terrible returns from pension funds while European authorities “do not know the actual performance of the services they are
Guillaume Prache, Managing Director at BETTER FINANCE, was quoted in the Financial Times on the "governance of investment funds". Following the refusal of the Pharmaceutical company Pfizer’s proposal to takeover of UK’s AstraZenecamay and several shareholders have asked Astra’s board to reopen takeover talks as soon as legally allowed in August, the debate is now focused on the "conflict
Reuters and Yahoo Finance – reporting on the attempted hostile takeover of Dutch KPN by America Movil – quoted EuroFinUse’s advice to shareholders against poison pill plans. These defensive tactics, or shareholder rights plans, are used by corporations’ board of directors against hostile takeovers in order to prevent takeover bidders from negotiating directly with shareholders,
Advances in technology continuously influence and change all aspects of our globalised world. Investment banking jobs are no exception and, in the near future, as a consequence of these changes, are likely to be very different from today. While traders already witnessed the impact of technology with most exchange trading floors having been replaced by
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Read BETTER FINANCE’s Press Release from 18 May 2016 here: "The EU Authorities’ draft implementation rules on Key Information for retail investment products must be thoroughly improved in order not to hurt savers’ and investors’ protection" ————– EFAMA PRESS RELEASE – Brussels, 18th April 2017 On 12 April, the PRIIPs KID’s (Key Information Document for
A study conducted by Terrance Odean and Brad Barber at the University of California found that although men trade 45% more often than women, their average annual risk-adjusted returns are 1.4% smaller per annum. Therefore women make better investors than men. So why is there still a male-domination in the investing industry more than in
Research by BETTER FINANCE, published in 2015 in BETTER FINANCE’s briefing paper on the Capital Markets Union (CMU) initiative, debunked the myth that individual investors are short-term oriented. Now a survey carried out by S&P Dow Jones Indices (SPDJI), one of the world’s largest index providers has provided another angle to the debate, indicating that