Low profile hedge funds post high returns in year after New York Sohn conferenceRead Complete Story
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 abusesRead Complete Story
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...
Firearms companies widely held in ETFs and funds: research firmRead Complete Story
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...
Your money: Women who retire early can miss outRead Complete Story
Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer.
U.S. 'junk' bond funds take in most weekly cash since 2016: LipperRead Complete Story
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...
Jane Rosenthal lives life on the Hollywood high wireRead Complete Story
Movie producers do not turn into household names as often as actors and directors, but Jane Rosenthal leapt to that level, and not just for her feature film projects.
BlackRock wants regulators to address unequal voting rightsRead Complete Story
BlackRock Inc on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting they resolve one of the thorniest debates in...
Wall Street sees a win in proposed SEC investor protectionsRead Complete Story
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.
Goldman says jitters about U.S. yield inversion 'overblown'Read Complete Story
Goldman Sachs analysts said on Thursday concerns about a U.S. yield curve inversion among traders as an omen of a looming recession are "overblown," though an inversion is often...
SEC proposes rule to combat conflicted investment adviceRead Complete Story
The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would require brokers at firms like Morgan Stanley and Merrill Lynch Wealth Management to...