- Whistleblower tipped off GAM to director's behaviorGAM Holding said its decision to suspend a director in charge of absolute return bond funds in July, which triggered an investor exodus and a sharp fall in the company's shares at the time, was... ... Read more »
- Column: Hedge funds, smelling Brexit blood, circle sterlingHedge funds are betting big against sterling, the most since May last year. And following last week's Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest... ... Read more »
- Activist hedge fund TCI cuts stake in London Stock ExchangeActivist hedge fund TCI has cut its stake in London Stock Exchange Group Plc, less than a year after its push to oust the stock exchange's chairman failed. ... Read more »
- Putnam stares down hedge funds on big shopping mall betPutnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy. ... Read more »
- Paulson launches alliance to seek better returns in gold sectorLong-time gold bull John Paulson followed through on Friday on a pledge made last year to team up with other gold investors in an effort to work with management of companies in the gold sector to... ... Read more »
- U.S. bond market recession signal not far away, strategists say: Reuters pollShort-dated U.S. Treasury yields will rise above longer maturities -- a reliable forecaster of recessions -- within two years and possibly in the next year, according to market experts polled by... ... Read more »
- New U.S. tax law could create underpayment headaches for retireesThe U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because the amount could need an... ... Read more »
- Ultra-short obligation funds attract inflows ahead of Fed: LipperInvestors took on a defensive approach ahead of next week's Federal Reserve meeting, pouring money into ultra-short obligation funds as well as equity and fixed-income exchange-traded funds, Lipper... ... Read more »
- Your Money: What to learn from NFL rookies about getting rich quickYou could hardly design a worse scenario for smart money management than being a rookie in the National Football League. Young men in their early 20s, many from low-income backgrounds, are showered... ... Read more »
- DoubleLine's Gundlach warns U.S. Treasury yields headed higherJeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in... ... Read more »
- Strap on the Fitbit: John Hancock to sell only interactive life insuranceJohn Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health... ... Read more »
- Medicare supplement plans are changing: What you need to knowIf you are buying a Medicare supplemental policy in the United States, make sure you choose your insurance carefully over the next few months. ... Read more »
- 'Who broke the law?' Cohn says in defending Wall Street's role in crisisGary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009... ... Read more »
- Traders take Fed's cues, pile on bets on U.S. rate hikesBond traders are increasing bets the Federal Reserve will raise U.S. short-term interest rates into 2019 as the jobs market tightens and with inflation seen climbing above its 2 percent goal. ... Read more »
- Investors favor lower-risk bonds in latest week: LipperInvestors favored lower-risk U.S. bond exposure during the latest week, Lipper data showed on Thursday, as trade conflicts, an emerging market crisis and contradictory economic news spoiled the idea... ... Read more »
- Exclusive: Hedge fund Diamondback founders Schimel and Sapanski plan new fund - sourcesThe founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government's insider trading probe, have reunited and are working on a new investment project, people familiar... ... Read more »
- Exclusive: First Reserve plans $3 billion buyout fund as energy rebounds - sourcesFirst Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalize on an oil price recovery that is... ... Read more »
- Fidelity Investments winds down $3.5 billion index fundFidelity Investments is winding down a fund that had more than $3 billion in assets last year, with the Boston-based money manager citing an overlap in holdings of other funds used in its target-date... ... Read more »
- Standard Chartered to part ways with three senior Asia bankers in coverage revamp: sourcesStandard Chartered is parting ways with three senior Asia-focused bankers and possibly with some mid- and junior-level bankers, as the British lender moves ahead on a plan to cut costs and revamp its... ... Read more »
- Australian insurer hired a private eye to surveil mentally ill womanAn Australian life insurer paid a private investigator who covertly filmed a mentally-ill woman eating breakfast, holding hands with her partner and undressing at a swimming pool in a bid to find... ... Read more »