Are you telling me I can take a picture of a check with the same phone and email you a deposit? Yes sir, you can. Thank you, I am now going to stop asking questions and jump up and down for joy. Now, I know these banking options have been available for quite some time and I am well behind the technology curve.
Hearst’s Cosmopolitan is estimating 150 ad pages will run in its September issue, down 18% from last year’s total if you include a Cosmo Style Beauty supplement last year that carried 9 ad pages; excluding that supplement, Cosmo’s September ad pages fell 14%. Marie Claire, another Hearst title, said its September ad pages fell 20%. Essence, part of Time Inc., will run 16% fewer ad pages in September.
As it’s a special birthday, Grayson Perry has been in charge of curating the show and it’s the biggest one ever, in both volume of artworks and impact. There’s work from David Hockney, Banksy, Antony Gormley and Mona Hatoum. Catch it before it’s over.
Think the writing has improved. I think the stories are more complex. The characters are more complex. The death of Vaclav Havel seemed to mark the passing of a special species in postwar European politics: the anti totalitarian dissident “living in truth,” who with petitions and samizdat nurtured a democratic revolution that made the continent “whole and free.” Only it turns out that not everyone, like Havel, lived happily ever after. Russia returned to dictatorship a decade ago, and Ukraine is following. Belarus was never free.
The key to efficient execution of an active engagement strategy is having a team that has the right mix of skill sets to identify and manage the right opportunities.Three core areas asset managers should consider when putting together their active investment teams for private and public investments are:Value creation mindsetValue creation mind set requires evaluating various initiatives that have a direct impact on growing shareholder value, both in the short and long term. Internally focused initiatives such as developing new high margin products and services for existing clients can generate early traction and deliver quick wins. Externally focused initiatives such as vertical expansion where a company grows through the acquisition of entities that become part of its supply chain or marketing and distribution network also qualify as value creating activities.Domain and Sector ExpertiseDomain and sector knowledge of an investment team is critical for minimizing execution risk at both pre and post investment stages of the company.