Institutional Investors and ‘Brexit Day’

After a 47-year relationship, the United Kingdom is no longer legally a member of the European Union. The U.K. will cease to attend EU meetings and, while continuing to follow EU rules, will have no input on the bloc’s policies. Britain’s flag was removed from the European Council and Parliament buildings, and Britain’s Brussels post […]

Examining MiFID II After Implementation

Last August Callan outlined some of the issues raised by MiFID II, the second iteration of the Markets in Financial Instruments Directive. We wanted to provide an update on the directive, which took effect at the start of this year

U.S. Equity: Steady as She Goes

View PDF Despite concerns over the Trump administration’s ability to follow through on promises of lower taxes and decreased regulation, the market accelerated higher in the first quarter. The S&P 500 Index hit a peak (2,396) in March and notched a 6.07% gain over the full three-month period. But the quarter was marked by reversals […]