Mon Jul 16 SEC fixed income panel. | Tue Jul 17 FSOC closed meeting. Green finance summit in London. | Wed Jul 18 SEC open meeting. LabCFTC in NYC. Fed's Beige Book. | Thu Jul 19 NY Fed's ARRC roundtable. | Sat Jul 21 G20 finmins & central bankers in Buenos Aires.
Are stock buybacks a bad thing? "... the historic spending spree on share buybacks has some analysts worried companies are buying their shares at excessive valuations during the peak of the economic cycle and at a time when the market rally is nine years old. Others warn the billions of dollars spent to buy back shares could have gone toward capital improvements like new factories or technology that could lead to stronger long-term growth." Stock buybacks are booming, but share prices aren't budging - The Wall Street Journal
Mon Jul 9 Fed board closed session. | Tue Jul 10 Brexit talk at CFR. | Wed Jul 11 IOSCO investment panel in London. | Thu Jul 12 CFTC's MRAC meets. Treasury secretary testifies on global finance. | Fri Jul 13 Fed releases monetary policy report to Congress. | Sat Jul 14 France celebrates Bastille Day.
Our Clients, Our Markets, Our PurposeThe 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.
Our financial markets connect companies to investors and borrowers to lenders to help corporations create jobs, cities and states build needed roads, bridges, and schools, families finance homes and cars, and pension plans at all levels meet their obligations. These markets allow thousands of organizations and millions of individuals to invest in America, sharing in the success of our nation's businesses and maintaining a stake in the strength of cities, counties, states, and our country.
Our financial markets can only fulfill their highest purposes when they are open, transparent, and provide a level playing field for all market participants, and when they are supported by prudent regulation and strong investor protections. All the Association's efforts are toward these ideals.