Wealth

Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data

Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data

Published 15/01/2020

NEW YORK (Reuters) - Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them [more…]

In next war, soldiers will leave their smartphones at home: Peter Apps

In next war, soldiers will leave their smartphones at home: Peter Apps

Published 14/01/2020

LONDON (Reuters) - As the 1st Brigade Combat Team of the U.S. 82nd Airborne Division departed for the Middle East amid rising tensions with Iran, [more…]

Your money: Avoid divorce money regrets by taking control now

Your money: Avoid divorce money regrets by taking control now

Published 14/01/2020

NEW YORK (Reuters) - Emotions — and expenses — often run high during a divorce, but people and their bank accounts can bounce back given [more…]

Risk of pension meltdown grows due to inaction by U.S. Congress

Risk of pension meltdown grows due to inaction by U.S. Congress

Published 07/01/2020

CHICAGO, Jan 7 (Reuters) - The window is closing on the chance to avert a pension meltdown that will slash the retirement benefits of more [more…]

Your Money: Ditch the Resolution – Do a year-end review instead

Your Money: Ditch the Resolution – Do a year-end review instead

Published 02/01/2020

NEW YORK(Reuters) - It is hardly a secret that people rarely stick to New Year’s resolutions - only about 8% of people actually make it [more…]

How risky ETFs won the decade – and why they might not repeat that performance

How risky ETFs won the decade – and why they might not repeat that performance

Published 24/12/2019

NEW YORK (Reuters) - Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the [more…]

Activist hedge fund Marcato Capital to shut down after drop in assets

Activist hedge fund Marcato Capital to shut down after drop in assets

Published 22/12/2019

BOSTON (Reuters) - Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after [more…]

D.E. Shaw’s Orienteer strategy posts double-digit returns this year

D.E. Shaw’s Orienteer strategy posts double-digit returns this year

Published 20/12/2019

BOSTON (Reuters) - 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 [more…]

SEC proposes allowing more investors access to private companies

SEC proposes allowing more investors access to private companies

Published 19/12/2019

WASHINGTON (Reuters) - 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…]

U.S. retirement legislation aims to improve workplace saving, income options

U.S. retirement legislation aims to improve workplace saving, income options

Published 19/12/2019

(The opinions expressed here are those of the author, a columnist for Reuters.) By Mark Miller CHICAGO (Reuters) - News flash: Members of Congress managed [more…]