Musical Fund

M&A in 2021: asset management ready for consolidation

There were a record number of mergers and acquisitions in the asset management industry in 2020. Recent developments in stock prices suggest that investors are banking on more to come. Activists like Nelson Peltz and John Paulson are scrambling to strike deals, and bank executives, including Jamie Dimon, are looking …

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Nucor’s strength is hidden in plain sight

There was a deep downturn in the steel industry between 2009 and 2016, but you’d hardly know it the way Nucor Company (NYSE: NUE) invested in his business during this period. The company bought out competitors in the steel industry, built new facilities, created joint ventures and modernized its existing …

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The uneven recovery of the global economy

The chances of a rapid and uniform rebound from the COVID-19 crisis have faded and the global economy now faces widely divergent growth prospects. While the latest update to the Brookings-Financial Times Tracking Indices for Global Economic Recovery (TIGER) offers grounds for optimism, it also raises new concerns. The vaccination …

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