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Judge rules against hedge funds that challenged 2016 Jarden deal
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A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc's 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a...
Two top fixed-income portfolio managers exit Eaton Vance
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Bond fund managers Kathleen Gaffney and Henry Peabody left Eaton Vance Corp at the end of June and have been replaced by existing members of the firm's fixed-income team, a spokeswoman told Reuters.
Take it easy: central bank U-turns loosen financial conditions
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Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year,...
BNY Mellon vows to stem billions in outflows from index products
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BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products.
Andrew Left's Citron Capital posted net return of 24.7% in 1st half of 2019
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Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday, but said "it has...
Andrew Left's Citron Capital posted net return of 24.7% in first half of 2019
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Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on fund's website Wednesday, but said "it has...
Another $860 million recovered for Madoff customers in Kingate settlement: trustee
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The court-appointed trustee liquidating Bernard Madoff's firm on Wednesday said another $860 million may soon be returned to the swindler's customers, under a settlement with offshore funds that...
CQS looking to grow U.S. presence under new CEO Rolet
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CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier Rolet, who took over the...
Out of the shadows: Australia's finance regulator told to be more 'forceful'
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Australia's prudential regulator should become less "discreet"
Investors trim cash, buy stocks on dovish Fed, trade truce: BAML poll
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Fund managers have trimmed cash holdings and added risk to their portfolios following the U.S. Federal Reserve's dovish pivot and after Beijing and Washington agreed a temporary truce to their...
Burgeoning family offices manage $5.9 trillion: Campden
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The number of family offices -- companies that manage portfolios for individual families -- has risen by 38% over the past two years worldwide, advisory group Campden Wealth said, with the firms...
Guggenheim defeats lawsuit claiming it siphoned annuity unit's cash for LA Dodgers
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Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy...