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Low profile hedge funds post high returns in year after New York Sohn conference
on April 20, 2018 at 7:04 pm
NEW YORK (Reuters) - One of the year's most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry's... […]
Wells Fargo agrees to pay $1 billion to settle customer abuses
on April 20, 2018 at 6:00 pm
(Reuters) - Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with... […]
U.S. 'junk' bond funds take in most weekly cash since 2016: Lipper
on April 19, 2018 at 11:12 pm
NEW YORK (Reuters) - Investors stormed back into the market for the riskiest corporate debt during the latest week, Lipper data showed on Thursday, pumping the most cash into U.S.-based, high-yield... […]
Firearms companies widely held in ETFs and funds: research firm
on April 19, 2018 at 9:33 pm
BOSTON (Reuters) - An estimated 24 percent of the world's exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher Sustainalytics said in a report on... […]
Wall Street sees a win in proposed SEC investor protections
on April 19, 2018 at 5:05 pm
CHICAGO (Reuters) - The long-running fight to protect retirement savers from conflicted investing advice shifted to a new battleground this week, and the first salvo was not promising. […]