In a way, it is uplifting to see South Africa's new black millionaires flashing their Rolex watches and being grovelled to by managers of the very restaurants that used to exclude them.
We are excited by the successes we are already seeing and by the response of the managers and MBAs we are working with.
Lest there be any doubt whether the shadowy mutual fund business would benefit from the light of day, consider this: During last year's proxy season Vanguard, the self-appointed champion of small investors, approved 90% of the directors nominated by the managers of companies in which it invests.
Where Thai and Indonesian firms might have once considered listing in Hong Kong, they are now attracted by the growing base of fund managers in Singapore (drawn there by the easy living and efficiency of the city, a far cry from Hong Kong's pollution and crowding).
The manager of the year award is presented by the League Managers Association and is voted for by the association's 256 members, made up of all 92 league clubs' bosses, retired coaches, and those still involved in the game below managerial level.
If you compare the closing argument of majority counsel and the majority report filed by the committee and the trial brief filed by the House and the presentation of the managers last week, you will begin to understand what has happened here.
CNN: Transcript: White House Counsel Ruff's opening statement
Because of the volume generated by LinkedIn, hiring managers have the luxury of trying to find exactly what they are looking for without having to dig too hard to find it.
Unfortunately, we frequently found that the managers-of-managers encouraged wrongdoing by the underlying managers, rather than set an example.
FORBES: The Politics of Minority or Emerging Manager Programs (August 2, 2004 )
Stores (both owned and franchised) keep costs low by supplementing the work of paid managers with the efforts of 4, 000 volunteers nationwide.
The local community health council CHC has warned in its consultation response that there was "a clear mistrust" of the health board by the public and deep misgivings about the willingness of managers to take account of consultation responses.
By opposing disclosure of the risks to investors personal trading by portfolio managers poses, as well as disclosure of portfolio manager personal trading records and, when all else fails, invoking the attorney-client privilege to prevent investors from learning of illegal personal trading, the mutual fund industry has been able to maintain the illusion that such trading is rare and investors are not being harmed.
FORBES: Letter to Editor of BusinessWeek Re: Mutual Fund Personal Trading ( July 1, 1998)
Once again, the wise black box run by the investment managers at ClearStream said Monday that by their analysis of the emerging markets, it is best to be in cash.
FORBES: In a Schizo Market, the "Black Box" Says Stick to Cash
But the opposition is not over: two of the hotel sales have been challenged this week in the courts by local managers, and a supreme court ruling on the validity of the aluminium company sale is expected soon.
They pay extraordinarily high fees for those funds, often without realizing it, and must accept the returns of managers selected by the plan administrator.
On this point -- and here I'll fend off the wrath or maybe the scorn of the managers by quoting not a scholar or a professor, but rather a witness called by the majority members of the Judiciary Committee to testify as an expert on the issue of perjury, a witness who had served on the Judiciary Committee in 1974.
CNN: Transcript: White House Counsel Ruff's opening statement
While it is the duty of managers to work to maximize shareholder wealth by working for what is in the best interest of the company, not all managers act on behalf of the company at all times.
FORBES: Creating Incentive Plans That Actually Incent Employees
It is a state of affairs that has taken almost everyone by surprise, including the managers of the respective clubs.
We want to find the stocks that are most commonly favored by the select group of money managers (in the large-cap, midcap and international arenas) who have been in their jobs for more than a decade and have roundly beaten their peers.
Indeed, they even submitted lists of the managers they proposed to hire for approval by the Board of the Fund.
FORBES: The Politics of Minority or Emerging Manager Programs (August 2, 2004 )
The number of total short positions among money managers in the disaggregated report rose by 2, 229 lots, while the number of total non-commercial shorts in the legacy report climbed by 2, 181.
FORBES: Fund Net Length Stabilizes In Gold, Continues Falling For Other Precious Metals
The answer lies in the selective reading of the record by the House managers.
CNN: Transcript: White House Deputy Counsel Mills' statement
We do not believe that President Clinton committed any of the offenses charged by the managers.
CNN: Transcript: White House Counsel Ruff's opening statement
In another interview one of the managers was asleep by the time the interview started.
Have any of the investment managers hired by the pension in the past 10 years paid any placement fees?
FORBES: 22 Tough Questions For Rhode Island's Pension 'Reform' Treasurer
Has the number of money managers hired by the pension increased in the past three years?
FORBES: 22 Tough Questions For Rhode Island's Pension 'Reform' Treasurer
The number of investment managers hired by the fund, as well as the fees paid to those managers will grow exponentially.
Has the number of money managers hired by the pension who are entitled to performance fees under their contracts with the pension increased?
FORBES: 22 Tough Questions For Rhode Island's Pension 'Reform' Treasurer
The level of due diligence review of money managers undertaken by pension consultants as described above, is the state of the art today.
When taking into consideration the open interest data and the exiting of net longs by money managers, it suggests that money is on the sidelines and that there is potential for a new cycle of buying.
FORBES: FOCUS: Speculators Cut Bullish Exposure To Gold Again --CFTC Data
Now on Tuesday, Angela Merkel of Germany and Nicolas Sarkozy of France are going to discuss the European sovereign debt crisis, but none of the analysts and fund managers interviewed by Forbes believe anything significant will come out of that meeting to save the EU from itself.
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