12/05/2016
Far from reducing crime and corruption, it boosted both. Al Capone, one of the most infamous beneficiaries of prohibition, was by 1927 earning $60 million a year from alcohol sales alone. As he conceded, “all I do is satisfy a public demand.”
12/05/2016
Philanthropy has always been important to us here at Close Brothers. In today’s world, it is necessary to do more than simply giving and it is expected that the AUM dedicated to impact investing will reach between $400 billion and $3 trillion by 202
11/29/2016
Of course, more risk in itself is no guarantee of higher returns. It merely paves the way to a wider range of potential outcomes: if more risk assured higher returns, then it wouldn’t be risky!