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0 -1.00487363713922E-05 -0.000773752700597882 -0.000512485554941343 -0.00180877254685219 -0.000854142591569019 0.000271315882027931 0.000271315882027931
Stock impact report

Mastercard-Linked Money Manager Grows With Recruits From Ontario Teachers' Fund [Financial Post (Toronto, Ontario, Canada)]

Mastercard Incorporated (MA) 
Last mastercard incorporated earnings: 4/29 08:00 am Check Earnings Report
Company Research Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — The Mastercard Foundation's new money-management arm is in expansion mode, and executives have been finding new employees from one place in particular — the Ontario Teachers' Pension Plan. Mastercard Foundation Asset Management has hired at least six people from the pension fund, according to their LinkedIn profiles. The names include Dan Houle, the fledgling firm's chief technology officer, and Michael Powers, who joined as director of investments in July after 16 years at Ontario Teachers'. Payments company Mastercard Inc. set up the foundation and seeded it with a block of its shares around the time of its 2006 initial public offering. That single-stock portfolio grew to $47 billion, so earlier this year, the foundation launched MFAM to begin selling down its Mastercard stake and diversifying its holdings. Both the foundation and the asset ma Show less Read more
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