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The write stuff: Life lessons from author James Patterson

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

Dec 12

AIG launches new cyber threat analysis to gauge companies' risks

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American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach along with safeguards it...

Dec 12

Desjardins, credit union centrals, Cumis to form Aviso Wealth

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Canadian asset manager Desjardins Group is partnering with five credit union centrals and insurer Cumis Group to form a wealth management firm with about C$55 billion ($42.74 billion) in...

Dec 12

Public pension funded ratio up in third quarter 2017: report

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The funded status of 100 of the largest U.S. public pension plans grew by $36 billion in third quarter of 2017, boosted by strong equity returns, according to a report released...

Dec 12

Vanguard looks to blockchain for index data

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Vanguard Group Inc is moving to use blockchain to simplify how it updates index data underlying mutual funds, executives said on Monday, an important sign of confidence for the new...

Dec 12

U.S. fund firms make new push for bitcoin ETFs as futures debut

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Fund managers are racing to launch exchange-traded funds (ETFs) based on bitcoin after futures contracts based on the high-flying digital currency began trading on Sunday.

Dec 11

Apple aims to block climate, rights proposals with quick use of SEC guidance

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Apple Inc is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights.

Dec 11

Fidelity keeps $2 billion mandate in New York after star manager's departure

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A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being accused of sexual...

Dec 11

Angelo, Gordon promotes top executives amid succession planning

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Investment firm Angelo, Gordon is promoting two senior executives to co-chief investment officers to work alongside the firm's co-founder, Michael Gordon, as the firm prepares for...

Dec 11

Marcato says Deckers' rejected offer to settle proxy contest

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After months of turning up the heat on Deckers Outdoor Corp, hedge fund Marcato Capital Management recently proposed a settlement that the UGG boot maker rejected, a filing...

Dec 11