GLG News by Private Equity Valuation Specialists

1. Before investing, institutions must pay attention to executive compensation practices as part of their due diligence.2. Pension fiduciaries have a particularly important responsibility to evaluate relevant risk factors before investing in company stock.3. Problems related to backdating of options...

These are summary points related to the FT article and my analysis. 1. Several recent reports have called for increased deregulation as a way to promote capital market development.2. Deregulation requires institutional investors such as pension funds to be even more vigilant as corporate watchdogs.3....

1. Federal entitlements are large and growing.2. The extent to which these programs are grossly underfunded can wreak havoc on the U.S. economy.3. Investors need to understand the relationship between entitlement spending and macroeconomic policy.4. Investors will no doubt be affected by a downturn...

1. The graying of populations around the world is undeniable.2. The cost of post-retirement benefits is increasing, along with extended lifespans.3. The over-55 set is likely to continue working after "retirement."4. Companies will be affected by changes in hiring trends and disposable income of...

1. In the aftermath of the Pension Protection Act of 2006, pension funds are under more pressure to close funding gaps.2. Pension fund fiduciaries are being encouraged (perhaps forced) to examine interest rate risk strategies.3. There is a groundswell of interest in long-term bonds on the part of pension...

1. Healthcare expenses are rising and can potentially depress reported earnings in a significant way.2. Extended life spans will cost companies more money if they offer post-retirement healthcare benefits to employees.3. The "pension problem," as bad as it is expected to be, could be dwarfed by the...