Institutional Investor

THE RLJ COMPANIES ANNOUNCES THE APPOINTMENT OF SCOTT ROYSTER AS THE CHIEF FINANCIAL OFFICER OF CARIBBEAN CAGE (AN RLJ COMPANIES MAJORITY OWNED COMPANY)

Retrieved on: 
Tuesday, October 10, 2023

BETHESDA, Md. and MIAMI, Oct. 10, 2023 /PRNewswire/ -- The CAGE Companies (an RLJ Companies majority-owned company), a leading operator of gaming systems, terminals and games in the Caribbean Community and South America today announced the appointment of Scott Royster as its new Chief Financial Officer (CFO), effective October 1, 2023.

Key Points: 
  • and MIAMI, Oct. 10, 2023 /PRNewswire/ -- The CAGE Companies (an RLJ Companies majority-owned company), a leading operator of gaming systems, terminals and games in the Caribbean Community and South America today announced the appointment of Scott Royster as its new Chief Financial Officer (CFO), effective October 1, 2023.
  • Scott has also previously served as a Director of one of my companies, RLJ Entertainment, said Robert L. Johnson, Founder of The RLJ Companies and majority owner of the CAGE Companies.
  • Mr. Royster brings a wealth of financial leadership and experience to the CAGE Companies and will play a crucial role in driving the financial growth, discipline, and strategies at CAGE.
  • "I am extremely honored to be joining the CAGE Companies at this very exciting time in their history," said Royster.

Erik Bass appointed as Head of Investor Relations for Equitable Holdings

Retrieved on: 
Monday, October 2, 2023

Equitable Holdings, Inc. (NYSE: EQH ) today announced the appointment of Erik Bass as Head of Investor Relations, effective immediately.

Key Points: 
  • Equitable Holdings, Inc. (NYSE: EQH ) today announced the appointment of Erik Bass as Head of Investor Relations, effective immediately.
  • Bass will report to Robin M. Raju, Chief Financial Officer for Equitable Holdings, and serve on the company’s Operating Committee.
  • In this role, Bass will be responsible for communicating the company’s strategy and financial performance as well as maintaining and expanding relationships with the investor and analyst communities.
  • Bass joins the company after his seven-year tenure with AllianceBernstein’s sell-side research subsidiary, Autonomous Research, where he served as the lead U.S. life insurance analyst.

Deceit pays dividends: How CEO lies can boost stock ratings and fool even respected financial analysts

Retrieved on: 
Wednesday, September 27, 2023

The lies from FTX founder Sam Bankman-Fried date back to the company’s very beginning, prosecutors say.

Key Points: 
  • The lies from FTX founder Sam Bankman-Fried date back to the company’s very beginning, prosecutors say.
  • In it, my colleagues and I found that even professional financial analysts fall for CEO lies – and that the best-respected analysts might be the most gullible.
  • They predict how much a company will earn and suggest whether to buy or sell its stock.
  • We also found that highly esteemed analysts fell for CEO lies more often than their lesser-known counterparts did.

Biased toward believing

    • First, “all-star” analysts often gain a sense of overconfidence and entitlement as they rise in prestige.
    • Second, these analysts tend to have closer relationships with CEOs, which studies show can increase the truth bias.
    • Our research also underscores the importance of accountability in governance and the need for strong institutional systems to counter individual biases.

An AI ‘lie detector’?

    • We validated the algorithm using fraudulent transcripts, retracted articles in medical journals and deceptive YouTube videos.
    • It’s important to note that the tool doesn’t directly measure deception; it identifies language patterns associated with lying.
    • But that future is closer than many might realize: Companies in fields such as investing, security and insurance are already starting to use it.

Big questions remain

    • But while the technology offers undeniable advantages, such as early detection of threats or fraud, it could also usher in a perilous transparency culture.
    • In such a world, thoughts and emotions could become subject to measurement and judgment, eroding the sanctuary of mental privacy.
    • This study also raises ethical questions about using AI to measure psychological characteristics, particularly where privacy and consent are concerned.
    • The decisions we make today – about ethics, oversight and responsible use – will set the course for years to come.

Automotive Cybersecurity Solutions Leader, VicOne Opens its Global Headquarters in Japan

Retrieved on: 
Tuesday, September 26, 2023

VicOne, a wholly owned subsidiary of Trend Micro, providing world leading automotive cybersecurity solutions, announced today it has added Japan to its global operations in Taiwan, Germany and the United States, with the opening of its headquarters in Tokyo.

Key Points: 
  • VicOne, a wholly owned subsidiary of Trend Micro, providing world leading automotive cybersecurity solutions, announced today it has added Japan to its global operations in Taiwan, Germany and the United States, with the opening of its headquarters in Tokyo.
  • View the full release here: https://www.businesswire.com/news/home/20230926127297/en/
    From left, Masanori Namba, VicOne’s Vice President of Automotive Business, Global Headquarters; Mahendra Negi, Chairman of VicOne; and Max Cheng, CEO of VicOne, at the opening of VicOne’s global headquarters in Tokyo, Japan September 26, 2023.
  • (Photo: Business Wire)
    “We’ve leveraged years of expertise in cyberthreat intelligence to deliver automotive protection that can cover a vehicle’s entire life cycle.
  • With our central operations in Tokyo, we bring our expertise in local integration to this hub of global automotive manufacturing and innovation,” said Max Cheng, CEO of VicOne.

EquitiesFirst and Institutional Investor Launch New Regional Reports Providing Equity Markets Outlooks for Asia Pacific, Europe and North America

Retrieved on: 
Wednesday, September 20, 2023

HONG KONG, Sept. 20, 2023 /PRNewswire/ -- A collection of newly released regional reports from EquitiesFirst, the global equities-based financing specialist, in partnership with business-to-business publisher Institutional Investor, reveals key differences in the expectations and strategies of equity investors focused on Asia Pacific, Europe and North America. The reports, produced as part of EquitiesFirst's 20th anniversary research program, mark the latest milestone in a research partnership which previously published a landmark global study on the outlook for equity markets in May 2023.

Key Points: 
  • Though there is scant divergence in the mean return expectations of equity investors across Asia Pacific (6%), Europe (5.7%) and North America (5.9%), the regional reports revealed a stark divide in anticipated market volatility between East and West.
  • In North America and Europe, 82% of investors expect volatility will increase either somewhat or substantially over the next year-and-a-half, compared to only 54% in Asia Pacific.
  • Moreover, a significantly higher share in Europe (36%) anticipated a substantial increase than in North America (21%).
  • The regional reports for Asia Pacific , Europe and North America are now available on EquitiesFirst's website.

EquitiesFirst and Institutional Investor Launch New Regional Reports Providing Equity Markets Outlooks for Asia Pacific, Europe and North America

Retrieved on: 
Wednesday, September 20, 2023

HONG KONG, Sept. 20, 2023 /PRNewswire/ -- A collection of newly released regional reports from EquitiesFirst, the global equities-based financing specialist, in partnership with business-to-business publisher Institutional Investor, reveals key differences in the expectations and strategies of equity investors focused on Asia Pacific, Europe and North America. The reports, produced as part of EquitiesFirst's 20th anniversary research programme, mark the latest milestone in a research partnership which previously published a landmark global study on the outlook for equity markets in May 2023.

Key Points: 
  • Though there is scant divergence in the mean return expectations of equity investors across Asia Pacific (6%), Europe (5.7%) and North America (5.9%), the regional reports revealed a stark divide in anticipated market volatility between East and West.
  • In North America and Europe, 82% of investors expect volatility will increase either somewhat or substantially over the next year-and-a-half, compared to only 54% in Asia Pacific.
  • Moreover, a significantly higher share in Europe (36%) anticipated a substantial increase than in North America (21%).
  • The regional reports for Asia Pacific , Europe and North America are now available on EquitiesFirst's website.

Global investors wielding US$500 billion in capital eye new opportunities in world's fastest growing economies at inaugural SuperBridge Summit Dubai

Retrieved on: 
Monday, September 18, 2023

DUBAI, UAE, Sept. 18, 2023 /PRNewswire/ -- One of Japan's largest investment firms with more than US$500 billion in assets under management (AUM) is spearheading an indomitable presence of Asian capital power at a UAE conference next month transforming a new global economy.

Key Points: 
  • The inaugural SuperBridge Summit, taking place from 16-17 October 2023 at Dubai's iconic Museum of the Future is a unique platform converging more than 500 investors, business, government, policy and cultural leaders from 20 countries to accelerate investment and co-creation opportunities in hitherto untapped and under-explored markets.
  • Mr. Maruyama said cross-regional investments can play a beneficial role when building an investment portfolio, mitigating risk while offering the chance of superior returns.
  • "However, they do expose investors to divergent regulatory frameworks, cultural nuances, and geopolitical dynamics," he said.
  • "Japan's equity market has long been neglected by global investors despite the rally this year that captured wide attention."

Global investors wielding US$500 billion in capital eye new opportunities in world's fastest growing economies at inaugural SuperBridge Summit Dubai

Retrieved on: 
Monday, September 18, 2023

DUBAI, UAE, Sept. 18, 2023 /PRNewswire/ -- One of Japan's largest investment firms with more than US$500 billion in assets under management (AUM) is spearheading an indomitable presence of Asian capital power at a UAE conference next month transforming a new global economy.

Key Points: 
  • The inaugural SuperBridge Summit, taking place from 16-17 October 2023 at Dubai's iconic Museum of the Future is a unique platform converging more than 500 investors, business, government, policy and cultural leaders from 20 countries to accelerate investment and co-creation opportunities in hitherto untapped and under-explored markets.
  • Mr. Maruyama said cross-regional investments can play a beneficial role when building an investment portfolio, mitigating risk while offering the chance of superior returns.
  • "However, they do expose investors to divergent regulatory frameworks, cultural nuances, and geopolitical dynamics," he said.
  • "Japan's equity market has long been neglected by global investors despite the rally this year that captured wide attention."

Institutional Investor Launches 2023 Developed Europe & Emerging EMEA Executive Team Rankings

Retrieved on: 
Tuesday, September 12, 2023

LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Institutional Investor Research (II Research) surveys are the leading provider of independent performance validation and market sentiment across 8 global capital markets.

Key Points: 
  • LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Institutional Investor Research (II Research) surveys are the leading provider of independent performance validation and market sentiment across 8 global capital markets.
  • The number of votes increased by over 20% since 2022 for the Developed Europe survey and 46% for the Emerging EMEA survey.
  • Amani Korayeim, Director for Europe and Emerging EMEA, says “The Institutional Investor rankings are recognised as an industry benchmark by its stakeholders and determine compensation packages and KPIs for IR teams that are empowered and valued by their leadership teams.
  • In fact, good IR, often recognised through the Institutional Investor's rankings, can deliver a competitive advantage, and help companies trade at a premium.

Barclays Appoints Sterling Auty as Vice Chairman within Technology Investment Banking

Retrieved on: 
Wednesday, September 13, 2023

Barclays today announces the appointment of Sterling Auty as Vice Chairman focused on the Software sector in the Technology Investment Banking Group.

Key Points: 
  • Barclays today announces the appointment of Sterling Auty as Vice Chairman focused on the Software sector in the Technology Investment Banking Group.
  • Mr. Auty will be based in New York, and report to Kristin Roth DeClark, Global Head of Technology Investment Banking.
  • Mr. Auty joins Barclays from SVB Securities where he was a Senior Managing Director on the Technology Equity Research team, and Head of Software Equity Research responsible for the build-out of the software sell-side equity research franchise.
  • “Sterling’s extensive experience and insights as a top-ranked research analyst will be immensely valuable to our investment banking clients,” said Kristin Roth DeClark, Global Head of Technology Investment Banking.