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19.01.2019

LJM Partners sues unnamed 'manipulators' it blames for volatility losses

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...
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18.01.2019

Investors punish poorly performing hedge funds by pulling billions

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.
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18.01.2019

A.J. Gallagher’s 'clean coal' business draws ire of green investors

Two of America’s best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company’s lucrative side-business...
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18.01.2019

Trian to skip PPG board challenge after new commitments: sources

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...
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18.01.2019

Return of risk-on fuels worst government debt outflows since October: BAML

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.
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18.01.2019

Gulfport pledges share buybacks after hedge fund demand

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...
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17.01.2019

Your Money: The words and wisdom of Jack Bogle

America just lost a true giant in investing legend and Vanguard Group founder Jack Bogle.
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17.01.2019

John Bogle, Vanguard founder and low-cost investing pioneer, dies at 89

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...
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17.01.2019

Finding the bright side in a graying U.S. workforce

(The opinions expressed here are those of the author, a columnist for Reuters.)
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16.01.2019

Investors end 13 straight weeks of U.S. fund withdrawals

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.
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16.01.2019

Guggenheim's Scott Minerd says Fed will pause to start 2019

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...
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16.01.2019

Your Money: Can you make $100 grow into a house?

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?
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15.01.2019

Exclusive: Jana liquidates two hedge funds, to focus only on activism

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...
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15.01.2019

Cruiser Capital vows to fight on at Ashland even after board deal

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...
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15.01.2019

Living the tech dream, thanks to a novel apprenticeship program

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.
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15.01.2019

Investors unnerved by company debt, shunning Europe, UK: BAML survey

Investors' concerns about company leverage hit a ten-year high as they continued to position against the risk of a global trade war, Tuesday's Bank of America Merrill Lynch's January fund manager...
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14.01.2019

Proxy advisory firm ISS backs two dissident nominees in Luby's fight

Proxy advisory firm Institutional Shareholder Services is recommending that shareholders elect two dissident nominees at Luby's Inc after the current board oversaw "alarming underperformance" at the...
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14.01.2019

Your Money: How Dry January is changing finances

(The writer is a Reuters contributor. The opinions expressed are his own.)
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11.01.2019

Citigroup allows hedge fund ValueAct more access

Citigroup Inc will give ValueAct Capital more access to its books and board of directors, signaling that the bank and the activist hedge fund are deepening their relationship roughly a year after...
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11.01.2019

Investor Schonfeld opens London office, aims to boost foreign bets

Multibillion-dollar U.S. hedge fund investor Schonfeld Strategic Advisors opened an office in London and hired two portfolio managers as the firm seeks to make more investments outside of the United...
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