Wednesday 13 February 2019

Qatar revamps investment strategy after Kushner building bailout

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Qatar revamps investment strategy after Kushner building bailout

When news emerged that Qatar may have unwittingly helped bail out a New York skyscraper owned by the family of Jared Kushner, Donald Trump's son-in-law, eyebrows were raised in Doha.

Diversity in the 'man cave': Boardrooms gain women as minorities lag

In America's corporate boardrooms, diversity is making uneven progress: Women increasingly are pulling up a chair while racial and ethnic minorities still rarely get seats at the table.

Blackstone to back ex-Eton Park partner with $150 million seed

Blackstone Group LP is backing a new hedge fund being run by former Eton Park partner Aaron Wertentheil with a $150 million commitment, two sources familiar with the matter said on Tuesday.

Fidelity, Schwab expand commission-free ETFs to over 500

Fidelity Investments, one of the world's largest investment managers, said on Tuesday it had expanded its commission-free exchange traded fund (ETF) platform to include more than 500 ETFs.

Wells Fargo's 2019 net interest income dependent on loan growth, deposits: CFO

Wells Fargo & Co expects its net interest income, a key measure of bank profitability, to be up or down 2 percent for the year in 2019, depending on deposit pricing and loan growth.

A bad omen? Emerging markets 'most crowded trade' for first time

Investors made a U-turn on emerging markets, naming them the most crowded trade, in Bank of America Merrill Lynch's survey for the first time in its history.

CalSTRS backs new activist hedge fund Impactive with $250 million

The California State Teachers' Retirement System (CalSTRS), the second largest U.S. pension fund said on Monday it made a $250 million investment with Impactive Capital, a new activist hedge fund that expects to start trading next month.

Your Money: The IRS Form 1040 looks different, in more ways than one

While this year's taxapalooza is off to a slow start because of the earlier U.S. government shutdown, one thing already is clear: your refund might be a whole lot smaller than you were expecting.

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