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Rise of Index Funds Leads to Deterioration of Corporate Governance Study reveals Index Funds put less efforts in monitoring their portfolio firms, resulted in power imbalance between investors and firm managements

Over the past three decades, the rise of passively managed index funds has transformed how Americans and other investors around the world invest. In 1990, index funds held only less than 1% of all mutual fund assets. By 2018, this had grown to more t ....

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Businessman, M. Walker Wallace, was part of the 1966 team to get the Olympics in Utah.

| Updated: 2:14 p.m.
During his lifetime, M. Walker Wallace a Utah businessman and real estate investor with a well-known family pedigree helped lay the foundation for Utah’s sports, culture and tourist industries.
Sapporo, Japan, would get the bid that year and it would be more than three decades before Salt Lake City would actually host the Games, said his son, Matthew Wallace. But that trip to Rome planted the seeds.
Walker Wallace whose U.S. Ski team career was cut short by a broken leg also helped establish Snowbird and Park City ski resorts. He was part of the committee that created Salt Lake City’s Downtown Alliance. He donated time and money to dozens of community organizations from the Utah Symphony and Ballet West to the Nature Conservancy, Planned Parenthood of Utah and the University of Utah Eccles School of Business. ....

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