A group of investors have filed a proposal calling for JPMorgan Chase (JPM) to name an independent board chairman, splitting the CEO and chairman roles currently held by Jamie Dimon. The AFSCME Employees Pension Plan, the Connecticut Retirement Plans and Trust Funds, Hermes Equity Ownership Services and the NYC Pension […]
Tag: Investors
SAC Loses $1.68 Billion From Investors
Investors in SAC Capital redeemed $1.68 billion Thursday, according to people familiar with the matter, a nod to a raft of legal issues that have embattled the hedge fund in recent months since a new government insider-trading case raised questions about founder Steve Cohen’s potential involvement in illicit activity. SAC […]
Nigerian equities attractive to investors – RenCap
Renaissance Capital, a unit of the Russian investment bank, has said Nigerian equities market remains attractive to both local and institutional investors. The bank has, therefore, recommended that investors who want to record profits in their investments should consider increasing their holdings in the Nigerian equities. Rencap’s Chief Executive Officer, […]
