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LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year's jump in stock market volatility that effectively...
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 show.
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 fund investor Firefly Value...
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 hedge fund's...
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 at the...
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 and financial conditions having...
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 companies and...
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 board with another large...
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 of a technology worker.