– The all-male FTSE board is ‘extinct,’ declared Sky News. The number of women on the board at top UK-listed companies has risen by 50 percent in five years, and there are now no all-male boards in the FTSE 350. The Hampton-Alexander Review, backed by the UK government, said ‘significant progress’ still needs to be made in leadership roles, howe...
Small cap Archive
European small-cap coverage has actually increased since the introduction of Mifid II in 2018, according to the latest research from IR Magazine.
The Global Investor Relations Practice Report 2020 shows that small-cap companies in Europe now have an average of 6.2 covering analysts, up from 5.7 in 2019. Interestingl...
– There are no black executives in any of the top three roles at Britain’s 100 biggest companies, reported The Guardian. This is the first time in six years that the FTSE 100 has had no black executives holding CEO, CFO or chair positions, according to research from the executive recruitment and diversity consultancy agency ...
Ross Klein is founder and chief investment officer of Changebridge Capital, which offers the Changebridge Capital Long/Short Equity ETF (CBLS) and the Changebridge Capital Sustainable Equity ETF (CBSE). He talks to IR Magazine about the long-short mix, fertility as an ESG metric and finding misunderstood companies.
Can you talk about your investment process?
Changebridge’s ‘quantamental’ (quantitative plus fundamental) approach...
BNP Paribas expects US small caps to outperform large caps this year and doesn’t expect to see a corporate tax hike in the early stages of the Joe Biden presidency.
With six days to go until the inauguration of Joe Biden as the next president of the US, representatives for BNP Paribas believe the markets have priced in the results of the election and that the Democratic sweep of the presidency, Senate and House of Representatives increases the likelihood of furthe...
– The Wall Street Journal (paywall) reported that business leaders and trade groups called for an end to the violence in Washington, DC and a peaceful transfer of power after supporters of President Donald Trump stormed ...
At Home Group went public in 2016 and filed its first proxy statement in 2018. At that time ‘there was no color, no cover page, no bells or whistles, and we thought that was sufficient to cover our interests,’ says Meredith Hampton, vice president and associate general counsel of At Home. In 2019 the company faced its first say-on-pay vote and received only 49 percent support.
It was a wake-up call that something needed to change, and the response was two-fold: ...
Imagine you’re prepping a company to go public on Nasdaq. And as you move toward your IPO date, ‘fans’ of your company can watch the action, follow you on the road and buy shares online. That’s the premise of a new TV show called Going Public, set to air in mid-2021.
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The outlook for equities is bullish with small caps, European stocks and emerging markets all tipped to outperform, according to a new report from BNP Paribas.
The bank says it is positioned for ‘risk-on’ across asset classes given the combination of effective Covid-19 vaccines, supportive central banks and expected fiscal stimulus.
Equity strategists have redrawn their expectations for next year following last month’s news of three successful vaccine...
It didn’t take long for Europe to roll back some of the strict rules surrounding research payments contained in Mifid II. As part of a Covid-19 relief package, the European Commission (EC) has proposed an exemption to unbundling rules for research on companies of less than €1 bn ($1.2 bn) in market cap. The aim is to stimulate more research on smaller issuers, which have witnessed declining analyst coverage for a number of years.
The tough unbundling rules conta...