Research & Resources
Timely commentary to give you access to the latest macroeconomic and investments insights. Learn what investors should expect next.
Reflection Today, Investment Success Tomorrow was the theme of the Summit from October 18-21 at Disney’s Yacht Club Resort in Orlando, Florida. We were thrilled to have more than 80 clients in attendance for a great few days of educational sessions with a little bit of Disney magic sprinkled in.
On October 10, Procter and Gamble (P&G) shareholders narrowly voted to keep activist investor Nelson Peltz off the board of directors. Peltz and his firm, Trian Fund Management, took a unique approach in waging the proxy contest against the Ohio-based consumer goods company. Activists tend to run a group of candidates and aggressively work to unseat some or all incumbent directors.
The relatively modest productivity gains made during the current U.S. economic recovery is part of why jobs have not come back as strong as in the past. It also might make the Federal Reserve (Fed) rethink its plan for raising interest rates in the future.