Funds

Fidelity names tech executive Neff to run asset management

Fidelity names tech executive Neff to run asset management

Published 16/11/2018

BOSTON (Reuters) - Fidelity Investments on Friday named technology executive Steve Neff to run its big asset management division, a move that shows the growing [more…]

Eaton Vance’s Gaffney sees opportunity in emerging…

Eaton Vance’s Gaffney sees opportunity in emerging…

Published 16/11/2018

NEW YORK (Reuters) - There are untapped opportunities in corporate debt securities denominated in emerging-market currencies, Eaton Vance’s director of diversified fixed-income said at the [more…]

Goldman CEO ‘personally outraged’ by Malaysia’s 1MDB corruption…

Goldman CEO ‘personally outraged’ by Malaysia’s 1MDB corruption…

Published 15/11/2018

(Reuters) - Goldman Sachs Group Inc Chief Executive Officer David Solomon has told employees he is “personally outraged” that any of the bank’s officials would [more…]

DoubleLine Capital LP warns on U.S. investment-grade bonds

DoubleLine Capital LP warns on U.S. investment-grade bonds

Published 15/11/2018

NEW YORK (Reuters) - DoubleLine Capital LP portfolio manager Monica Erickson has a problem. She thinks the investment-grade corporate bond market, which is her specialty, [more…]

U.S. big investors’ best investment ideas for 2019

U.S. big investors’ best investment ideas for 2019

Published 15/11/2018

NEW YORK (Reuters) - The best investment ideas for 2019 range from buying local currencies in emerging markets to picking up beaten-down casino stocks to [more…]

Third Point gains ISS, Glass Lewis support in Campbell proxy fight

Third Point gains ISS, Glass Lewis support in Campbell proxy fight

Published 15/11/2018

NEW YORK (Reuters) - Shareholder advisory firms Institutional Shareholder Services and Glass Lewis backed a push by Daniel Loeb’s hedge fund to make changes at [more…]

Bain Capital Ventures closes $1 billion fund amid venture…

Bain Capital Ventures closes $1 billion fund amid venture…

Published 15/11/2018

SAN FRANCISCO (Reuters) - Bain Capital Ventures, the venture capital division of the eponymous Boston-based investment firm, said it has raised a new $1 billion [more…]

Proxy advisory firm ISS favors vote for Third Point nominees at…

Proxy advisory firm ISS favors vote for Third Point nominees at…

Published 15/11/2018

NEW YORK (Reuters) - Shareholder advisory firm Institutional Shareholder Services on Wednesday recommended that Campbell Soup Co investors elect all five of Third Point hedge [more…]

PG&E rout may be hitting hedge funds after raised bets before fire

PG&E rout may be hitting hedge funds after raised bets before fire

Published 15/11/2018

NEW YORK (Reuters) - Prominent hedge funds, including Baupost Group and Viking Global Investors, may be bearing the brunt of utility PG&E Corp’s (PCG.N) tumbling [more…]

Several high-profile funds raised stakes in GE before selloff: filings

Several high-profile funds raised stakes in GE before selloff: filings

Published 15/11/2018

NEW YORK (Reuters) - Several prominent investors raised their stakes in General Electric Co (GE.N) in the third quarter, before its shares sank in recent [more…]