|
Mar 27, 2020
After years of waiting and watching from afar, hedge fund Fir Tree Partners is spending $410 million from its dislocation funds on stocks, pockets of the credit market and other securities, sure the...
|
|
Mar 27, 2020
If you live in the United States and really want to be prepared for coronavirus, experts say you need a fully executed power of attorney, which designates a trusted person to take over your finances...
|
|
Mar 27, 2020
Billionaire investor William Ackman said a CNBC television interview he gave last week was not designed to profit from any trades, dismissing some media speculation he had purposely pushed markets...
|
|
Mar 27, 2020
The $2 trillion economic stimulus package racing toward passage in the U.S. Congress contains several important relief provisions for retirees, and for younger workers saving for retirement.
|
|
Mar 26, 2020
Talks between First United Corp and Driver Management to settle a fight for board seats at the bank holding company broke down when the activist investor rejected the offer, two sources familiar with...
|
|
Mar 26, 2020
Lindblad Expeditions on Thursday said it named two independent directors backed by activist investment firm ValueAct Capital, which owns a nearly 10% stake in the adventure cruise company, to its...
|
|
Mar 26, 2020
Talks between First United Corp and Driver Management to settle a fight for board seats at the bank holding company broke down when the activist investor rejected the offer, two sources familiar with...
|
|
Mar 25, 2020
Lily Reiche has lost nearly half of her dogwalking clients in Los Angeles because of California's coronavirus stay-at-home order. Of the 40 or so accounts at My Dog Spot, which dried up because...
|
|
Mar 25, 2020
The havoc wrought by the coronavirus crisis could give investors leverage to put new limits on CEO pay packages and link them more closely to a range of social and environmental issues at companies'...
|
|
Mar 24, 2020
The White House's top trade advisor denied on Tuesday that the Trump administration was considering a three-month deferral of tariff payments on imported goods to ease the pain of the economic...
|
|
Mar 24, 2020
The administration of U.S. President Donald Trump is debating if it should defer payments of duties on imported goods from around the world for three months, Bloomberg reported on Tuesday, citing...
|
|
Mar 24, 2020
The administration of U.S. President Donald Trump is debating if it should defer payments of duties on imported goods from around the world for three months, Bloomberg reported on Tuesday, citing...
|
|
Mar 24, 2020
A New Jersey municipal money-market fund run by BNY Mellon Corp needed an injection of $89,000 after the market value of the fund came under pressure, the bank disclosed on Tuesday in a U.S....
|
|
Mar 24, 2020
Several investors who push management to perform better are trying to raise hundreds of millions of dollars in new cash to buy stakes in companies beaten down by a historic market selloff, four...
|
|
Mar 24, 2020
A New Jersey municipal money-market fund run by BNY Mellon Corp is still paying investors $1.00 a share, even though the mark-to-market price of the fund recently dropped to $0.9968 per share,...
|
|
Mar 23, 2020
The U.S. securities regulator on Monday warned corporate executives against insider trading during disruption caused by the coronavirus, in an unusual statement that underscores the chaos coursing...
|
|
Mar 23, 2020
Liquidity at a $2.2 billion prime money-market fund run by Northern Trust Corp fell below the key 30% U.S. regulatory threshold twice last week, but rebounded above that level after the U.S. Federal...
|
|
Mar 23, 2020
The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even increase their equity exposure if they have...
|
|
Mar 20, 2020
The first few days of staying at home for coronavirus seclusion with my two kids were chaotic, stressful and scary, much like they were for everyone else.
|
|
Mar 19, 2020
In scary times like these, it is comforting to talk to someone who has seen and studied a lot of things - booms, busts, and everything in between.
|
|
Mar 19, 2020
When you see soda on sale at the supermarket, do you run screaming into the parking lot in a panic? Or do you buy six?
|
|
Mar 19, 2020
U.S. prime money-market funds have lost more than 10% of their assets and the prospect of funds slowing customer redemptions is rising amid unprecedented market turmoil, top credit-rating agency...
|
|
Mar 19, 2020
The breathtaking coronavirus-induced plunge of the stock market has unnerved retirement investors of all ages, but it poses special risks for people close to, or already retired. Unlike younger...
|
|
Mar 18, 2020
Lives are on hold all over the world as we distance ourselves socially to contain the coronavirus, but bills still pile up.
|
|
Mar 18, 2020
A tiny mutual fund that invests in companies that produce products and services for parents is the only fund among the $4.3 trillion actively managed U.S. equity fund industry to post a positive...
|
|
Mar 18, 2020
Billionaire investor William Ackman, who has long worried about the serious risks posed by the novel coronavirus, called on the Trump administration on Wednesday to seal off the United States for a...
|
|
Mar 18, 2020
A rush to sell global bonds in the past week has now rippled into the world of exchange-traded funds with some of the most actively traded seeing the most bulging gaps relative to the value of...
|
|
Mar 17, 2020
Applications for unemployment insurance are skyrocketing across the United States. In Ohio, the number tripled from last week through Sunday, up to 12,000, according to the state's governor. Calls to...
|
|
Mar 15, 2020
Boaz Weinstein's main Saba Capital Management LP hedge fund reported a 33% gain in March through Friday amid coronavirus-led market turmoil, bringing its year to date gain to 67%, according to a note...
|
|
Mar 15, 2020
Boaz Weinstein's main Saba Capital Management LP hedge fund reported a 33% gain in March through Friday amid coronavirus-led market turmoil, bringing its year to date gain to 67%, according to a note...
|
|
Mar 13, 2020
George Curtis is facing a severe financial crisis.
|
|
Mar 12, 2020
Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led market turmoil, according to...
|
|
Mar 09, 2020
William Ackman's publicly traded hedge fund gained nearly 3% this year, though the billionaire investor warned of volatility ahead as world markets reel under the economic hit from the coronavirus...
|
|
Mar 07, 2020
Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork's planned share sale failed, data...
|
|
Mar 06, 2020
Investors pulled out of most asset classes, with stocks and bond funds seeing a combined $36 billion of outflows in the week to Wednesday, BofA said, amid fears of economic damage from the ...
|
|
Mar 06, 2020
Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies that can withstand a prolonged pullback.
|
|
Mar 05, 2020
Private investment funds operating in Colombia have around $5 billion available to invest in projects in the Andean country, the investors' guild president said Thursday.
|
|
Mar 05, 2020
Blackstone Group Inc and Apax Partners LLP are among the buyout firms that have had to delay their annual meetings with their private equity fund investors or carry them out remotely because of...
|
|
Mar 04, 2020
When Kristin Tassi bought her house in Chicago two years ago, she was disappointed to get an interest rate of 4% on her mortgage. All of her friends had lower rates.
|
|
Mar 03, 2020
Three big U.S. banks have publicly announced break-ups with Arctic drilling in recent months, reflecting Wall Street's increasing desire to cast itself as environmentally friendly amid a political...
|
|
Mar 03, 2020
Swiss wealth manager Julius Baer Group nominated former Bank of America Merrill Lynch investment banking head Christian Meissner and UBS Asia veteran Kathryn Shih for seats on its board of directors.
|
|
Mar 02, 2020
If you are close to retirement in the United States, chances are you do not have to worry about cashing out of the market as it gyrates wildly on coronavirus fears.
|
|
Feb 28, 2020
Activist investor Clifton S. Robbins told clients on Friday that he is shuttering his Blue Harbour Group not because investors want their money back or because returns have lagged, but because he...
|
|
Feb 28, 2020
This week's stock market plunge on coronavirus worries has given hedge fund managers a rare opportunity to brag that they are performing better than traditional stock market funds during a time of...
|
|
Feb 27, 2020
Spoiler alert: None of the useful things you can do about your money right now involve your 401(k).
|
|
Feb 25, 2020
Eight candidates have applied to head Norway's sovereign wealth fund, the country's central bank said on Tuesday, as its board prepares to decide who should steer the global portfolio of assets worth...
|
|
Feb 22, 2020
The chief executive of Pioneer Natural Resources, Scott Sheffield, on Thursday called on energy investors to sell shares or pull funding from companies that have rates of natural gas flaring.
|
|
Feb 22, 2020
Royal Bank of Canada plans to open a consumer bank in the United States early next year targeting wealthy clients, with the aim of expanding deposits, its chief financial officer told Reuters on...
|
|
Feb 20, 2020
Hedge fund Senator Investment Group told clients on Thursday that its founding partners are splitting up, ending one of the industry's more profitable and durable professional marriages.
|
|
Feb 20, 2020
U.S. equity funds saw outflows of $2.6 billion in the latest week, according to Lipper.
|
|
Feb 19, 2020
U.S. money market fund assets decreased by $3.64 billion to $3.575 trillion in the week ended Feb 18, the Money Fund Report said on Wednesday.
|
|
Feb 18, 2020
When clients tell financial adviser Catherine Valega that they want to invest their money in women, they are not always clear what they mean.
|
|
Feb 14, 2020
Former U.S. senator Alan Simpson summarized the argument well: seniors fighting Social Security benefit cuts were nothing more than "greedy geezers" stealing from young people "who are going to get...
|
|
Feb 13, 2020
T. Rowe Price Group Inc said on Thursday it would ratchet up the risk in its target-date retirement portfolios, boosting stock allocations to as much as 98% for younger investors.
|
|
Feb 13, 2020
T. Rowe Price Group Inc said on Thursday it would boost the stock allocation in its target-date retirement fund portfolios to as much as 98% from 90% for younger investors.
|
|
Feb 12, 2020
Owning a piece of art is not just for the ultra-wealthy anymore.
|
|
Feb 10, 2020
When former investment manager Ron Cordes started a charitable foundation in 2007, he got frustrated because he could only "do good" when he was actively giving the money away to needy causes.
|
|
Feb 05, 2020
The U.S. securities regulator is on a collision course with powerful hedge funds executives, including former White House advisor Carl Icahn and Republican mega-donor Paul Singer, over a proposal...
|
|
Jan 29, 2020
Allen Lomax knows how retirement is supposed to go: By your golden years, you should have paid off your house, built up a big pot of savings, and be able to face the years ahead without fear.
|
|
Jan 29, 2020
New York state's top pension fund official said it was reviewing whether to divest from 27 coal companies and could make decisions on $98 million in holdings within two months.
|
|
Jan 29, 2020
Sovereign wealth funds' investment moves are becoming more closely aligned with the global asset management industry as they mature, and their growing size makes it harder for them to make contrarian...
|
|
Jan 27, 2020
Oil drilling firm Valaris PLC reached a settlement with Luminus Management and said on Monday that it has appointed one of the hedge fund's partners to its board.
|
|
Jan 22, 2020
The future of employee training involves no embarrassing role-playing in front of new colleagues or boring web modules which take an hour each to click through.
|
|
Jan 17, 2020
As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in...
|
|
Jan 15, 2020
Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half of all activist investor campaigns waged in 2019,...
|
|
Jan 15, 2020
Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies...
|
|
Jan 14, 2020
As the 1st Brigade Combat Team of the U.S. 82nd Airborne Division departed for the Middle East amid rising tensions with Iran, their divisional commander gave a simple order. All personnel entering...
|
|
Jan 14, 2020
Emotions -- and expenses -- often run high during a divorce, but people and their bank accounts can bounce back given enough time. A new study from Fidelity Investments, released Tuesday, shows that...
|
|
Jan 13, 2020
If you have gone to Goldman Sachs Group Inc's internet home page since mid-December, it would be reasonable to wonder if you had stumbled into some kind of parallel universe.
|
|
Jan 07, 2020
The window is closing on the chance to avert a pension meltdown that will slash the retirement benefits of more than a million U.S. workers.
|
|
Jan 02, 2020
It is hardly a secret that people rarely stick to New Year's resolutions - only about 8% of people actually make it to the finish line with their goals, according to studies from the University of...
|
|
Dec 24, 2019
Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the 10 top-performing funds of the decade, with returns that in some...
|
|
Dec 22, 2019
Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on...
|
|
Dec 20, 2019
D.E. Shaw's Orienteer platform, the backbone of the $50 billion investment firm's multi-asset class offerings, posted high double-digit returns this year, the best ever in its six year lifetime.
|
|
Dec 19, 2019
(The opinions expressed here are those of the author, a columnist for Reuters.)
|
|
Dec 18, 2019
The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies.
|
|
Dec 18, 2019
The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies.
|
|
Dec 18, 2019
U.S. fund investors started closing the books on 2019 by withdrawing more than $10.9 billion from mutual funds and exchange-traded funds that hold domestic stocks last week, the largest pullback...
|
|
Dec 17, 2019
It is not often that a spending bill in Congress will make regular Americans run to their financial planners for emergency help before the holidays. But the Senate is poised to pass a spending bill...
|
|
Dec 17, 2019
The United States may not have had a woman president quite yet, but on TV it certainly has. One of those was Mellie Grant, the character played by Bellamy Young on the Shonda Rhimes hit "Scandal"...
|
|
Dec 16, 2019
It sounds counterintuitive, but members of Generation Z will have to focus on human connections if they want to compete with robots for the jobs of the future.
|
|
Dec 13, 2019
Tax-loss harvesting is all about finding losers in your investment portfolio to offset winners so you pay less tax.
|
|
Dec 12, 2019
Two U.S. banking regulators unveiled a proposed overhaul to community lending standards on Thursday, kicking off a contentious policy fight over the proper way to ensure banks are supporting...
|
|
Dec 10, 2019
The U.S. dollar's next big move will be lower, which could lead to a significant fall in U.S. bond prices and a slew of downgrades, Jeffrey Gundlach, chief executive of DoubleLine Capital said on...
|
|
Dec 10, 2019
BlackRock Investment Institute said on Tuesday it was cautiously rotating into cyclical assets, Japanese equities and emerging markets.
|
|
Dec 09, 2019
Billionaire investor William Ackman's hedge fund Pershing Square Capital Management has made a new bet on testing equipment company Agilent Technologies Inc, according to a regulatory filing made on...
|
|
Dec 05, 2019
Rivulet Capital, a large investor in Instructure Inc, on Thursday said it will resist the U.S. educational software company's plan to sell itself to private equity firm Thoma Bravo for $2 billion,...
|
|
Dec 04, 2019
The co-managers of the best stock mutual fund of this decade work out of a small office in Los Angeles, rarely talk with the financial media and have never appeared as guests on CNBC looking to raise...
|
|
Dec 03, 2019
U.S. banking regulators said on Tuesday that lenders must have robust compliance tools in place to ensure "responsible use" of non-traditional sources of financial data to help determine whether a...
|
|
Dec 03, 2019
The U.S. consumer watchdog on Tuesday proposed making permanent an exemption that allows certain banks and credit unions to estimate the international remittance fees they charge consumers in...
|
|
Nov 29, 2019
U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according to data released by Lipper on Friday.
|
|
Nov 27, 2019
Four years ago, PayPal set out to break the Guinness World Record for the most money raised online for charity in 24 hours.
|
|
Nov 26, 2019
The private banking business of HSBC Holdings PLC is aggressively pursuing double-digit growth in client assets and revenue, riffing off a surge in Asian wealth, the unit's chief executive told...
|
|
Nov 26, 2019
Citadel's commodities investments are up at least $1 billion for the year, according to three sources familiar with the matter, helping to drive strong overall performance at one of the world's...
|
|
Nov 26, 2019
Harris Rosen has a chain of eight hotels bearing his name in the Orlando area, but he makes most of his headlines these days for giving away his fortune.
|
|
Nov 26, 2019
Morgan Stanley Infrastructure Partners' offer for PNE which values the German renewable firm at 306 million euros ($337 million) is too low, small shareholders group SdK said on Tuesday.
|
|
Nov 25, 2019
First the bad news for your wallet: Americans are slated to spend more than they ever have this holiday season - around $730 billion in November and December, according to the National Retail...
|
|
Nov 21, 2019
U.S. equity funds saw $3.6 billion in outflows in the week ended on Wednesday, according to data released on Thursday by Lipper.
|
|
Nov 21, 2019
Firefly Value Partners on Thursday asked Gulfport Energy for a seat on its board and criticized the "half-measures" which the U.S. gas exploration and production company is taking to improve its...
|
|
Nov 21, 2019
Louis Moore Bacon, the billionaire hedge fund manager whose macroeconomic bets on currencies, interest rates and other securities earned his Moore Capital Management LP double-digit returns over 30...
|
|
Private Label