Hedge funds suffered their worst quarterly outflows in two years when investors pulled $23 billion from the industry during the last three months of 2018, new data released on Friday (…Read More)
Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co’s after a Reuters investigation into the company’s lucrative side-business…
Government bonds suffered the biggest weekly outflows since October last year as investors plowed money into emerging market and high-yield debt, Bank of America Merrill Lynch (BAML) said on Friday.
Natural gas and oil firm Gulfport Energy Corp said it would buy back $400 million of shares on Thursday, just hours after a public demand to that effect from hedge (…Read More)
Trian Fund Management LP will not challenge PPG Industries Inc’s board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist (…Read More)
America just lost a true giant in investing legend and Vanguard Group founder Jack Bogle.
Firefly Value Partners said on Thursday that it wants Gulfport Energy Corp. to buy back $500 million worth of shares, an action the hedge fund argues could help double the (…Read More)
(The opinions expressed here are those of the author, a columnist for Reuters.)
John Bogle, whose family’s struggles during the Great Depression led him to pioneer low-cost investing and to found Vanguard Group, now the world’s biggest mutual fund firm, died on Wednesday (…Read More)
Investors sweetened on financial markets in early January and ended a 13-week retreat from U.S.-based funds, the Investment Company Institute (ICI) said on Wednesday.
The Federal Reserve is likely to hold its interest rate hikes on pause for the start of 2019 in order to stabilize markets, given economic growth is set to slow (…Read More)
My preteen daughter earned her first dollars in 2018, so I wanted to seed her retirement account. But what can you do with $100 or so?
Jana Partners LLC, founded by Barry Rosenstein, is shutting down two stock-picking hedge funds following losses and will focus instead on its main strategy of investing in a handful of (…Read More)
Hedge fund Cruiser Capital said it plans to press on with its proxy fight at Ashland Global Holdings even after the specialty chemicals business struck a deal to refresh its (…Read More)
Investors’ concerns about company leverage hit a ten-year high as they continued to position against the risk of a global trade war, Tuesday’s Bank of America Merrill Lynch’s January fund (…Read More)
While growing up in Seattle, Enrique Rico’s mom cleaned the posh homes of Microsoft employees. When Rico tagged along on sick days from school, he dreamed of having the life (…Read More)
Investors’ fears about company leverage hit a ten-year high, Bank of America Merrill Lynch’s January fund manager survey found on Tuesday, also highlighting their continued concern about a global…
Proxy advisory firm Institutional Shareholder Services is recommending that shareholders elect two dissident nominees at Luby’s Inc. after the current board oversaw “alarming underperformance” at the…
(The writer is a Reuters contributor. The opinions expressed are his own.)
Multibillion-dollar U.S. hedge fund investor Schonfeld Strategic Advisors opened an office in London and hired two portfolio managers as the firm seeks to make more investments outside of the United…