Britt Harris is the president, chief executive officer and chief investment officer at The University of Texas/Texas A&M Investment Management Company (UTIMCO). In this interview, he discusses the endowment's in-depth strategy in remaining as one of the best in the U.S.; his goal in molding 500 plus investment leaders (called Titans); and how human judgment and machine learning are complementary to each other in the investment process.
But can this ancient disease be eliminated? : This week, Microsoft founder Bill Gates announced the Bill and Melinda Gates Foundation would invest $1 billion in the fight against malaria. Speaking at the London Malaria Summit on Wednesday, he urged global leaders to unite in fighting the ancient and deadly disease. After more than a decade of dramatic decline drug and insecticide resistance, political apathy and a collapse in donor funding have created a recipe for a resurgence. Government leaders, medical experts and even British Royals joined the chorus. The fight against malaria, they said, has hit a "crossroads."
Under pressure to explore new ways to hedge their risks while cutting fee expenses, institutions are taking a fresh look at listed options -- in some cases, at the expense of hedge funds. In search of great returns and limited risk, individual investors have long used listed options -- a contract to buy or sell a security at a particular price -- as a way to reduce risk in their portfolios.
By Toby Sterling and Wendell Roelf AMSTERDAM/CAPE TOWN (Reuters) - South African retailer Steinhoff remains in a "tough position" and is talking to creditors about restructuring debt, the company said on Friday at its first shareholder meeting since an accounting scandal was uncovered in December. The post Steinhoff faces shareholders as it battles to stay afloat appeared first on Firstpost.
Jump Trading is making crypto a big focus in 2018 for its venture arm Jump Capital in 2018. An innovation lab based at the University of Illinois Urbana-Champaign is playing a role in the firm's crypto efforts. Jump Trading is making cryptocurrency a big focus for its venture arm in 2018, and is bringing in college kids as part of the effort. The secretive Chicago-based trading firm actively trades digital currencies, while Jump Capital, a venture capital investor, has put money into a number of crypto infrastructure companies.
Some companies back up their codes with action, but others seem to set and forget. : A decade ago, when forensic accountant Peter Morris was called in to investigate wrongdoing within an organisation, the cases typically involved suspected criminal conduct - usually fraud. But these days, Morris - a partner at PPB Advisory's forensics practice - says he is just as likely to be asked to examine breaches of internal policies, including codes of conduct; transgressions of which, he says, some companies are now handling with the same gravity as suspected crime.
Brazil's state-controlled oil company Petroleo Brasileiro SA on Thursday received three binding bids for its gas pipeline network company Transportadora Associada de Gas SA (TAG), three sources with knowledge of [...]
Knut Kjaer Named to Supervisory Board of APG APG Asset Management, which oversees Stichting Pensioenfonds ABP, named Knut Kjaer as a member of its supervisory board. Kjaer is currently Chairman and Partner at FSN Capital Partners, a Nordic private equity firm. He was founding chief executive of Norges Bank Investment Management, which oversees Norway Government [...]
(Reuters) - U.S. stock indexes fell on Friday, with Apple leading declines in the technology sector and as energy companies took a hit from lower oil prices after President Donald Trump's criticism on OPEC.
Trump Lied To Me About His Wealth To Get Onto The Forbes 400. Here Are The Tapes. - The Washington Post
Perspective Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events In May 1984, an official from the Trump Organization called to tell me how rich Donald J. Trump was. I was reporting for the Forbes 400, the magazine's annual ranking of America's richest people, for the third year. In the previous edition, we'd valued Trump's holdings at $200 million, only one-fifth of what he claimed to own in our interviews.