Vanguard, the non-profit financial giant that single-handedly revolutionized the investment management world, reportedly wants to join the private equity party train. Is this another market that it intends to overhaul by passively managing and micro-pricing index fund offerings to the masses, or is Vanguard worried about missing a possibly overheated market that its clients find sexier than…
Equinox is branching out of its expertise, opening its first branded hotel and investing in a real estate project that will include co-workspace and apartments, all in Manhattan’s newest and hippest location, Hudson Yards. Industrious, a venture-backed WeWork-like developer, with an enviable name, will be its partner. I am as amazed by the ambition and…
Karen Firestone, Aureus Asset Management CEO, joins “The Exchange” to discuss why women are making gains in labor market, but not in finance. Watch the full video on CNBC.com
As the Massachusetts gaming commission began hearings last week to decide if the Wynn Co will retain its license to operate the first major urban casino on the East Coast, I walk through many sectors that have dramatically changed since I began my investment career. Read the full article on CNBC.com
In many spheres, such as politics, media and entertainment, women have made considerable progress in reaching executive leadership positions, achieving higher pay, and building new enterprises. But this ascent hasn’t been achieved everywhere. In my own industry, investing, progress has been painfully slow. Read the full article in The Harvard Business Review
This article was originally posted by CNBC.com Kari Firestone’s newest article discusses why the incentives for companies and research organizations may not be aligned with customers’ desire for lower drug prices. Additionally, the legal complexity of the Medicare system leaves the government with no negotiating power, further inflating prescription drug prices. Read the full article…
Written by Kari Firestone On the anniversary of the Crash low on March 6, 2009, at 666 for the S&P 500, I want to commemorate that day both for the reverberating trauma it caused, but, more importantly, for what came after. Honestly, I feel enormous luck and gratitude that our company, Aureus, hung in there,…
