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In the second quarter of 2016, the firm allocated $68.6bn to hedge funds.
Congressional investigators say the firm allocated shares in hot IPOs to executives at 21 favoured clients including eBay, Enron, Global Crossing and Yahoo!
Just two blocks away, in federal court, Frank Quattrone, the star Silicon Valley banker charged with obstructing justice during an investigation into how his firm allocated high-flying stock offerings, will face prosecutors.
By coincidence, two blocks away in Federal District Court, another trial of a market-bubble figure is scheduled to begin: Frank P. Quattrone, a star Silicon Valley investment banker charged with obstructing justice during an investigation into how his firm allocated highflying stock offerings.
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Now the firm allocates each department a monthly "fun budget", and managers are graded on their "coaching" skills.
Kaiser Permanente, a health-care firm, allocates diabetes sufferers a diabetes specialist and then encourages them to get their blood tested at a local pharmacy.
We further show that the firm allocates more time to social interaction when personal ideals of effort are low or heterogeneous.
More recently, and after the S.E.C. had announced its investigation into how major brokerage firms allocated hot stock offerings during the bull market, Mr. Spitzer jumped into that battle.
On Tuesday, Representative John J. LaFalce, the ranking Democrat on the House Committee on Financial Services, asked the committee chairman to hold more hearings into the brokerage business, including how firms allocate initial public offerings of stocks and whether conflicts between banking and investment advisory arms put clients at risk.
Mr Tobin saw that, in the real world, a whole range of financial assets could sometimes serve both purposes.This led him to create a theory of portfolio choice, ie, of the ways that people and firms allocate their wealth among a variety of assets, from property to shares and debt.
Using customs data for China during 2002 2006, we empirically establish that firms allocate activity across products in line with a product hierarchy based on quality.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com