Investment Management and Fund Operators (TRBC)

World’s largest wealth fund to press firms for climate data at AGMs

World’s largest wealth fund to press firms for climate data at AGMs

Published 08/02/2019

(This Feb 7 story corrects to show, in fourth paragraph, that a temperature rise of 2°C is equivalent to 3.6°F, not 35.6°F) By Gwladys Fouche [more…]

Activist Elliott tells Pernod there is still work to do

Activist Elliott tells Pernod there is still work to do

Published 08/02/2019

PARIS (Reuters) - Activist investor Elliott kept up the pressure on French spirits group Pernod Ricard, welcoming this week’s first-half results but calling for boardroom [more…]

Seeking an edge, U.S. landlords turn to tenant experience apps

Seeking an edge, U.S. landlords turn to tenant experience apps

Published 08/02/2019

NEW YORK (Reuters) - The firm that sold Chelsea Market to Google for $2.4 billion has joined three large brokerages, among others, to back software [more…]

‘Socially Conscious’ mutual fund launches at record high

‘Socially Conscious’ mutual fund launches at record high

Published 06/02/2019

LONDON (Reuters) - A record number of ‘socially conscious’ mutual funds and exchange-traded funds were launched by asset managers last year, keen to tap growing [more…]

Bill Gross, once Wall Street’s ‘Bond King,’ retires after rocky…

Bill Gross, once Wall Street’s ‘Bond King,’ retires after rocky…

Published 04/02/2019

NEW YORK (Reuters) - Bill Gross, once the bond market’s most influential investor, will retire from Janus Henderson Group Plc in coming weeks, ending attempts [more…]

U.S. agency seeks approval to take over Sears pensions

U.S. agency seeks approval to take over Sears pensions

Published 02/02/2019

NEW YORK (Reuters) - A U.S. agency that insures worker pensions sought permission on Friday to take over two underfunded Sears Holdings Corp pension plans, [more…]

U.S. pensions seen moving $12 billion to bonds from stocks: Wells…

U.S. pensions seen moving $12 billion to bonds from stocks: Wells…

Published 25/01/2019

NEW YORK (Reuters) - U.S. pension funds are projected to shift $12 billion into bonds from stocks in a rebalancing of their investments at the [more…]

Hedge fund prepares proxy fight to oust embattled PG&E’s board

Hedge fund prepares proxy fight to oust embattled PG&E’s board

Published 24/01/2019

(Reuters) - PG&E Corp shareholder BlueMountain Capital Management LLC said on Thursday it is preparing a challenge to the embattled utility owner’s board, arguing its [more…]

U.S. government shutdown may yield a recession: Scaramucci

U.S. government shutdown may yield a recession: Scaramucci

Published 24/01/2019

NEW YORK (Reuters) - The U.S. government’s partial shutdown might be enough to tip America’s economy into recession if it runs longer than another month, [more…]

How to finish Jack Bogle’s revolution in saving for retirement

How to finish Jack Bogle’s revolution in saving for retirement

Published 24/01/2019

(The opinions expressed here are those of the author, a columnist for Reuters) By Mark Miller CHICAGO (Reuters) - Jack Bogle did more to help [more…]