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Goldman Sachs To Only Serve As IPO Underwriter For Companies With 'Diverse' Boards
Friday, January 24, 2020 - 4:54am | 374Read More...Investment banking giant Goldman Sachs Group Inc. (NYSE: GS) will not serve as an underwriter for any company's initial public offering that doesn't have at least one "diverse" member on its board. What Happened "Starting on July [1] in the [United States] and Europe, we'...
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This Type Of Diversity Is Working
Thursday, September 15, 2016 - 4:59pm | 509Read More...Investors often hear about the virtues of portfolio diversification, but there are other avenues to diversity that can potentially generate positive outcomes. That includes gender diversity, a theme that can be accessed via the SPDR SSGA Gender Diversity Index ETF (NYSE: SHE). The SPDR SSGA Gender...
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Hedge Funds Suffer From A 'Sameness' That's Hurting Performance
Wednesday, July 13, 2016 - 1:54pm | 266Read More...Citing Doug Haynes, the president of Steve Cohen's investment firm, Point72 Asset Management, Business Insider reported the hedge fund industry has a well-documented performance problem, which is directly connected to a lack of diversity in the industry. Hedge funds are suffering from groupthink,...
