LONDON (Reuters) - Equity funds suffered their second-largest weekly outflows ever this week, with $29.7 billion pulled out of risky assets, Bank of America Merrill Lynch (BAML) strategists said on Friday as fears about rising U.S. protectionism continue to weigh.
WASHINGTON (Reuters) - The U.S. securities regulator on Thursday voted unanimously to propose easing its rules for approving low-risk exchange-traded funds (ETFs) in what could potentially be a major win for the $3.5 trillion market.
NEW YORK (Reuters) - TV news viewers may recognize one reporter who pops up in trouble spots all over the world: From the 2010 earthquake in Haiti, to the Boko Haram kidnappings in Nigeria, to assorted crises in Mali, Thailand, Algeria and the Mideast.
NEW YORK (Reuters) - Hedge fund investor Doug Kass said on Wednesday that he is adding to his already large bank exposure in Citigroup Inc, JPMorgan Chase & Co, Bank of America Corp and Wells Fargo & Co as Deutsche Bank AG's problems "will benefit large U.S. money center banks."
BOSTON (Reuters) - Billionaire hedge fund manager William Ackman, whose investment assets have shrunk by more than half in the last three years, has made a second round of staff cuts and laid off three investor relations team members, two sources familiar with the matter said on Tuesday.
BOSTON (Reuters) - Some small investors who want to give a piece of their minds to big tech company directors are losing their only chance: many board members are skipping annual shareholder meetings. Companies that hold meetings online have some of the worst records for attendance.