In Focus

  • Week InReview: January 19, 2018

    • Friday, January 19, 2018

    Happy Anniversary Modigliani-Miller "June 2018 will mark the 60th anniversary of the publication of Franco Modigliani and Merton Miller's classic article, 'The Cost of Capital, Corporation Finance, and the Theory of Investment.' Widely hailed as the foundation of modern finance, their article, which purports to demonstrate that a firm's value is independent of its capital structure, is little known by lawyers, including legal academics. That is unfortunate, because the Modigliani-Miller capital structure irrelevancy proposition (when inverted) provides a simple, but powerful framework that can be extremely useful to legal academics, practicing attorneys, and judges." The Modigliani-Miller Theorem at 60: The long-overlooked legal applications of finance's foundational theorem - The CLS Blue Sky Blog

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  • Week InAdvance: January 16, 2018

    • Tuesday, January 16, 2018

    Tue Jan 16 IAIS meetings in Nashville. | Wed Jan 17 Fed's Beige Book. INVESTORS CMBS telecon. IOSCO meeting in Madrid. | Thu Jan 18 INVESTORS Market Practices, Legal & Regulatory telecons. | Fri Jan 19 SEC forum at NYU.

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  • Week InReview: January 12, 2018

    • Friday, January 12, 2018

    Tweet of the Week: "We're contemplating adding 'Blockchain' to our name so we'll increase our followers by 70,000 percent." - SEC Fort Worth

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The Association of Institutional INVESTORS is an organization of the oldest, largest, and most trusted federally registered investment advisers in the United States. All our members have a fiduciary duty to put their clients' interests first. Put simply, it's not our money. Our members' clients include companies and labor unions, public and private pension plans, mutual funds and 401Ks, and individuals and families who depend on our firms to help them provide for their retirements, to have funds available to educate their family members, to meet other obligations, and to support their financial aspirations. Collectively , the Association's members manage investments for more than 80,000 ERISA pension plans, 401Ks, and mutual funds on behalf of more than 100 million American workers and retirees.

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