Poor Decisions on Corporate Actions Result in $1.65 Billion Lost
New white paper estimates huge losses annually from scrip dividends alone.
Sub-optimal decisions in corporate actions lead to £1.3 billion ($1.65 billion) in lost revenue from scrip dividends alone, and access to corporate actions data is not sufficient to bridge the gap, according to estimates in a new whitepaper.
A whitepaper published by Greenberg Traurig, LLP concludes that asset managers do not optimize corporate actions decisions, with scrip dividends highlighted as a key problem area. In 38 percent of scrip dividends, the majority of shares were elected in a
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Wavelength Podcast Episode 158: Giancarlo’s Swan Song; Crypto Madness; DTCC/ASX Blockchains
A discussion about blockchain projects in the capital markets, the crypto space and further delays for the CAT.
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