| | Investors scoop up billions in bonds, most since July: ICI | | NEW YORK (Reuters) - Investors throttled up their bond exposure in the latest week, adding the most cash to U.S.-based debt funds since July as momentum for U.S. stock funds stalled, Investment Company Institute (ICI) data showed on Wednesday. | | | | | Where consumers should turn after the Equifax breach | | NEW YORK (Reuters) - There is a widespread sense of fear hanging over consumers in the aftermath of the data breach at credit-monitoring firm Equifax revealed in early September that approximately 143 million consumers' personal and financial records were exposed. | | | | | Pimco Total Return Bond Fund, since Gross exit, outperforms most peers | | NEW YORK (Reuters) - Three years after Bill Gross shocked the financial world by exiting Pacific Investment Management Co and ending his reign over the Pimco Total Return Bond (PTTRX) fund, investors who stuck with the bond fund have come out ahead of those at most of its rivals. | | | Argentina to allow advisors to invest citizens' funds overseas | | (Reuters) - Argentina's securities regulator said on Wednesday it had approved a rule allowing licensed advisers to invest citizens' funds in overseas assets, a move seen as key to attracting private banks to set up shop in the South American country. | | | | | Wells Fargo hires new law firm to prepare CEO for Senate appearance | | NEW YORK (Reuters) - Wells Fargo & Co. has hired law firm Sidley Austin to take the lead in preparing Chief Executive Tim Sloan for his appearance before the U.S. Congress next month to answer questions about a year-long sales practices scandal, according to four sources with knowledge of the decision. | | | | | Ackman targets retail investors in ADP proxy contest | | BOSTON (Reuters) - Billionaire hedge fund manager William Ackman, whose firm has a 2 percent voting stake in Automatic Data Processing Inc , is turning up the heat in his proxy war for the human resources outsourcing company by targeting an often-ignored but influential group of people - retail investors. | | | | | | | | | Related Video | | | | | | | | | Related News | | | | | | | | | | | Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | » » MORE NEWSLETTERS | | |