Sat.Mar 26, 2022 - Fri.Apr 01, 2022

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New number-crunching sheds light on diversity debate

Financial Times: Moral Money

Plus, UK investors push for supermarket pay rises and Goldman Sachs demands companies disclose GHG emissions

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Bain steps up pursuit of Toshiba, gaining support of biggest investor

Financial Times M&A

Backing from Effissimo puts pressure on Toshiba to court buyout offers from private equity consortiums

Buyout 83
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Does Cryptocurrency Get a Step-Up in Basis Upon Death?

Walkner Condon Financial Advisors

With the rise of virtual currency – such as Bitcoin or Ethereum – there are many investors that have significant unrealized gains embedded in their holdings. But when someone passes away, their holdings may go through a step-up in basis (depending on what it is they’re holding and how it’s held, e.g. brokerage account, Roth IRA, etc.). Effectively, the value at the date of death becomes the new cost basis for that asset.

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How to Add People to Your Email List (Video)

Indigo Marketing Agency

When I work with advisors to grow their businesses, we always start with assessing their email list. Email is still the bread and butter of marketing. But if you’re not growing your email list, it’s probably shrinking due to a small number of people unsubscribing each month. Here are my tips for growing your email list, as well as two videos to show how to add people to your email list in both Constant Contact and MailChimp!

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Political proxies: conservative activists file record shareholder proposals

Financial Times: Moral Money

Rightwing groups say they are trying to save US companies from being distracted by liberal social causes

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RBC agrees to buy UK wealth manager Brewin Dolphin for £1.6bn

Financial Times M&A

Canadian bank’s offer comes at a 62% premium to 260-year-old target’s closing share price

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More Trending

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How to Add People to Your Email List (Video)

Indigo Marketing Agency

When I work with advisors to grow their businesses, we always start with assessing their email list. Email is still the bread and butter of marketing. But if you’re not growing your email list, it’s probably shrinking due to a small number of people unsubscribing each month. Here are my tips for growing your email list, as well as two videos to show how to add people to your email list in both Constant Contact and MailChimp!

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Banks face new standards on carbon emissions disclosure

Financial Times: Moral Money

Financial institutions will be required to disclose carbon linked to loans and investments

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Pearson would have been a textbook take-private deal

Financial Times M&A

Despite its experience in educational publishing, buyout firm Apollo has abandoned attempt to buy UK group

Buyout 78
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Cryptocurrencies: Signed Pieces of Paper in Search of the “Greater Fool”

Ron A. Rhodes

Do cryptocurrencies possess any real value? Years from now, this fad will pass.

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Competing To Win Deals

A VC: Musings of a VC in NYC

So I saw this tweet by Semil Shah yesterday: A friend who works in an industry far from tech startups & VC asked what would be the single article I’d share to read on each topic. Here’s what I sent him: 1/ Startup = Growth by PG: [link] 2/ Competing To Win Deals by Fred Wilson: [link] pic.twitter.com/q7GG2k7UAX — Semil (@semil) March 27, 2022.

Startups 105
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Why the SEC is right to make climate risk disclosure mandatory

Financial Times: Moral Money

Regulator has provided blast of fresh air that could revitalise capital allocation

Capital 90
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Goldman to acquire robo-adviser NextCapital in latest push to diversify

Financial Times M&A

Deal comes as chief executive David Solomon tries to expand in steadier streams of income

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Establishing Your “Bucket List” with the “Five-Year Question”

Ron A. Rhodes

by Ron A. Rhoades, JD, CFP One key to happiness in life is identifying, then mapping out a plan for achieving, your lifetime goals.

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Martin Sorrell’s S4 boosted after US hedge fund raises stake

Financial Times M&A

Media group has lost nearly a third of its value after PwC said it was unable to complete audit

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Buffett back in the batting after 6-year deal drought

Financial Times M&A

$12bn purchase of ‘mini Berkshire’ Alleghany and $8bn stake in Occidental end quiet spell that had unnerved investors

Stakes 72
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Hong Kong, Singapore investors tread carefully on Spac listings

Financial Times M&A

Financial centres look unlikely to recreate US boom in shell company IPOs

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ESG: investors must stop trying to do the right thing for the wrong reasons

Financial Times: Moral Money

When it comes to ethical investing, activist investors may be better pathfinders than stolid ESG indices

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Elliott and Brookfield to buy TV ratings group Nielsen for $16bn

Financial Times M&A

Private equity consortium confident US company provides ‘gold standard for audience measurement’

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Ackman says he’s retiring from activist campaigns

Financial Times M&A

Plus, the FT traces the ownership of a mysterious yacht in Antigua and Goldman Sachs looks to diversify its business portfolio

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US probes Activision CEO’s brunch meeting with trader before Microsoft deal

Financial Times M&A

Authorities investigate possible insider dealings made on behalf of Barry Diller and David Geffen

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Coal wins out in bid tussle over Australian energy group AGL

Financial Times M&A

Failed takeover pitch by Brookfield and software billionaire was aimed at accelerating green transition

Bidding 60
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Nielsen/private equity: TV ratings buy should yield positive feedback

Financial Times M&A

The media measurement business is out of favour but a turnround should be easier to achieve in private hands

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Toshiba/Bain: buyout is best option for languishing legacy group

Financial Times M&A

US private equity group has a good chance of engineering the drastic restructuring Toshiba has long needed

Buyout 52
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Proxy adviser ISS urges vote against $247mn pay for Discovery chief

Financial Times M&A

Shareholder group says David Zaslav’s package is part of ‘history of poor pay practices’ at media company

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US regulators take aim at bright forecasts from blank-cheque company sponsors

Financial Times M&A

Spacs shouldn’t ‘overpromise future results,’ chair of SEC says

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Global dealmaking falls to lowest level since start of pandemic

Financial Times M&A

Deals worth $1tn were struck in first quarter of 2022, 23 per cent lower than the same period last year

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Temasek bows to activist shareholders on real estate fund plans

Financial Times M&A

Property arm of Singapore’s state-owned investment company has offered more cash ahead of vote

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Pulling back the curtain on private equity’s ESG impact

Financial Times: Moral Money

Plus, the rise of sustainable products in Islamic finance and impact investments look set to soar

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Emmanuel Faber’s ISSB releases sustainability guidelines

Financial Times: Moral Money

Plus, investors face tough calls over companies’ Russia ties as annual general meetings loom

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Spac bankers face a payday pinch

Financial Times M&A

Plus, venture capitalists pass on crypto board seats, and an Italian corporate brawl gathers pace

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UK airline investors have an ESG problem

Financial Times: Moral Money

How effectively can you engage with a company if you don’t have a vote?

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Asia buyout deals reach $46.5bn in record first quarter

Financial Times M&A

Blackstone-backed PAG plans $2bn Hong Kong IPO after big year for private equity in region

Buyout 55
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Brewin Dolphin: rich offer for wealth manager should be welcomed

Financial Times M&A

RBC deal counters recent trend of foreign buyers snatching up UK assets cheaply

Assets 52