The UBS-DOL Battle + Other Top Stories of the Week

 
II Essential
 
 
 
Inside UBS's Quiet Battle With the DOL to Manage Retirement Money
Trillions were at stake as the Department of Labor, which plays a role in protecting U.S. private pension assets, sifted through the bank's checkered history before giving UBS the green light.
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i
Hedge Funds
Tiger Grandcub Sylebra, a Star in Early '24, Suffers Big Loss
The decline in December capped a remarkable reversal of fortune for Dan Gibson's Sylebra Capital, which at the end of April was up 27 percent.
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Corner Office
Scrutiny on SSGA-Apollo ETF Leads Managers to Publish More Detailed Terms
But sources suggest the SEC's unexpected post-approval examination of the fund won't have broader implications on the nascent market.
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SPONSORED
Considerations Around Fossil Fuel Divestment for Endowments and Foundations
A divest-and-exclude approach is not as black and white (or as green?) as it may seem.
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Culture
More Fiduciaries Fight Back Against 'Politically Motivated' Anti-ESG Movement
Minnesota's AG called the case against environmentally responsible investing "silly. But we got to stand up and never shrink from the opportunity to talk about it."
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