Research
Thoughts from Hiren Ved, CIO of Alchemy Capital Management
These are the thoughts of Hiren Ved of Alchemy Capital Management from an interview with Nikunj Dalmia.
SEC Commissioner Gallagher Comments on Proxy Advisors Roles in Corporate Governance
SEC Commissioner Gallagher says one cannot outsource their fiduciary duties. According to a high ranking US securities regulator, lawmakers should review the role that advisory firms play during corporate regulations and determine if regulatory measures are necessary to allow them greater roles during the process.
Glass Lewis Recommends No to Shareholders
Glass Lewis recommends to shareholders not to vote for proposed executive compensation package. According to proxy advisory firm Glass Lewis, shareholders of Goldman Sachs Group Inc should vote against the proposed executive compensation as the board has 'failed to link pay with performance'.
Increasing Money Supply Raises Risks
Iceland's current dilemma is removal of capital controls but by increasing the money supply, it would present long term risks to its capital market.