 | | | | U.S. Supreme Court justices on Monday appeared reluctant to further limit the scope of who can be held liable for violating laws that protect investors from securities fraud as they weighed an appeal by a New York investment banker who had been banned from the industry. | | | | | | Investment bank Moelis & Co said on Monday it has hired an executive from the world's largest index fund manager, BlackRock Inc, as well as a hedge fund professional, for its team advising companies facing activist shareholders. | | | | | | When companies try to tackle rising healthcare costs, shifting more of the burden to employees is increasingly the strategy of choice. | | | | | | Billionaire investor David Einhorn told investors on Friday that losses at his hedge fund Greenlight Capital grew this month, leaving the fund down nearly 28 percent for the year. | | | | | | Brenham Capital Management LP, an energy equities fund manager with about $800 million in assets under management, will shut after two years of losses, its founder said in a letter to investors on Friday. | | | | | | U.S. mutual fund investors pulled $13.7 billion from stocks and bonds during the latest week, according to data released on Thursday by Lipper underscoring retail investors' rising concerns over turbulent markets. | | | | | | American homes are showing their age - not the houses, but the people living in them. | | | | | | U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy's top bank UniCredit to comply with capital buffer rules, two sources familiar with the matter said. | | | | | |
