Tag: funds
Column: ECB rates pledge spurs punchy hedge fund euro bets: McGeever
ORLANDO, Fla., June 6 (Reuters) - The European Central Bank appears committed to start raising interest rates next month, opening the door for hedge...
Germany aims for 30 billion euro investment in new start-up strategy
BERLIN, June 3 (Reuters) - Germany's economy ministry has drawn up plans to foster the start-up scene in Europe's largest economy with a batch...
Toshiba to flag that activist board nominees were not approved unanimously
TOKYO, June 3 (Reuters) - Toshiba Corp (6502.T) plans to notify shareholders that two board director nominees from activist hedge funds were not approved...
Some hedge funds face steep losses after betting on hot sectors
BOSTON, June 2 (Reuters) - Hedge fund investors are bracing for a river of red ink as firms begin reporting returns for May when...
Goldman Sachs COO Waldron sees unprecedented shocks in economy
NEW YORK, June 2 (Reuters) - Goldman Sachs' (GS.N) President and Chief Operating Officer John Waldron said on Thursday the current economic turmoil is...
Bank of America’s Merrill Lynch to pay $15.2 mln to overcharged mutual fund customers
NEW YORK, June 2 (Reuters) - Bank of America Corp's (BAC.N) Merrill Lynch unit will pay more than $15.2 million to thousands of customers...
Countryside’s top shareholder urges company to find buyer after Inclusive bid
LONDON, June 2 (Reuters) - The biggest shareholder in British housebuilder Countryside Partnerships (CSPC.L) has urged the board to find a buyer for the...
Engine No. 1 rushes to back ESG disclosures at top companies
June 2 (Reuters) - Sustainability-focused hedge fund Engine No. 1 has backed 83% of shareholder resolutions on environmental, social and governance (ESG) topics at...
Foreigners pull out of Asian equities for fifth straight month in May
June 2 (Reuters) - Asian equities continued to witness foreign outflows for a fifth consecutive month in May, hit by concerns over monetary tightening...
AXA registers Shanghai fund unit as city seeks revival from COVID
SHANGHAI, June 2 (Reuters) - AXA Investment Managers has completed registration for a private fund unit in Shanghai, as Chinese regulators streamline processes to...
Julius Baer sells Fransad business to management
ZURICH, June 2 (Reuters) - Julius Baer (BAER.S) is selling Geneva-based wealth manager Fransad Gestion to its management team, the Swiss private bank and...
No Jubilee celebration for FTSE 100 dropouts Royal Mail and ITV
June 1 (Reuters) - Royal Mail (RMG.L) and broadcaster ITV (ITV.L) will lose their spots on Britain's benchmark FTSE 100 (.FTSE) equity index after...