July 1, 2024
Investors

How U.S. investors view CEO pay

Good morning. U.S. shareholders generally agree that leadership is best measured by stock price. That philosophy underpins most pay-for-performance systems. (The say-on-pay provisions and other elements of the Dodd-Frank Act were mainly intended to avert a bias for short-term gains over long-term value.)  That U.S. public company CEOs now make nearly 200 times more than

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Funds

Investors have yanked $11.1 billion from Europe real estate funds as ECB warns hybrid work will hit demand for office space

Retail investors pulled €10.2 billion from euro-denominated real estate funds in the year through April amid warnings that falling valuations could create liquidity pressures for the products. The redemptions mark a huge turnaround from the preceding 12 months, when the funds attracted inflows of almost €2 billion, data compiled by Morningstar show. Total net assets

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