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Just How Useless Is the Asset-Management Industry?

Harvard Business Review

"[W]e find no evidence to support the belief that mutual fund managers can outguess the market," Jack Treynor and Kay Mazuy of the consulting firm Arthur D. After costs, actively managed mutual funds trail the market. trillion in assets in 2010, up from $25.8 When markets struggle, they do.

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Corporate Diversity Still Coming Up Short for Women

Strategy Driven

Without a pipeline of female and minority executives in highly-paid, highly responsible positions, it will be very difficult to achieve board diversity, which is critical to strong governance and good management.” For a full copy of the 2010 study, click here. Source U.S.

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How CFOs Can Take the Long-Term View in a Short-Term Economy

Harvard Business Review

As head of the world’s largest asset manager, with $4.6 ” Backing this up is another group of asset managers who have committed $2 billion to invest in a newly created S&P Long-Term Value Index , a subset of companies doing things right. “If you don’t like our strategy,” he told them.

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Top 10 Green Business Stories of 2011

Harvard Business Review

Ok, this one is cheating a bit, but on a fundamental level, the top themes in green business haven't actually changed too much ( see the 2010 list ). The best analysis of the resource scarcity mega-trend came from asset manager Jeremy Grantham. Markets have a remarkable way of sorting the wheat from the chaff.

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At Olympus and Goldman Sachs, Two Very Different Whistleblowers

Harvard Business Review

For example, the SEC in 2010 had charged Goldman with misleading some of the parties to a billion dollar transaction (involving a complex derivative called a synthetic collateralized debt obligation), alleging specific facts about undisclosed conflicts of interest. But, in the op-ed, not a single charge was backed up with a single fact.