 | | | | Life is either a daring adventure, or nothing. | | | | | | Prudential Financial Inc is going straight to consumers with its insurance and investment products for the first time in its 143-year history, a move that follows rivals and startups which are already well established in the field. | | | | | | A private equity fund run by Goldman Sachs Asset Management (GSAM) has bought a minority stake in multi-strategy hedge fund firm LMR Partners, one source familiar with the matter said on Monday. | | | | | | The world's 300 largest pension funds grew assets under management by 15.1 percent in 2017 to reach a combined value of $18.1 trillion, a study on Monday showed. | | | | | | Billionaire investor David Einhorn's Greenlight Capital hedge fund, whose bets on car companies General Motors and Tesla both moved against him in August, lost 7.6 percent this month, leaving the fund down 25.1 percent for the year, two investors said on Friday. | | | | | | Billionaire investor William Ackman, whose hedge fund is posting double-digit returns largely thanks to gains in Chipotle Mexican Grill shares, said on Friday he expects to stay a long-term investor even after he sold some of the shares. | | | | | | Activist investor Daniel Loeb's hedge fund Third Point LLC is speaking to consumer industry executives as it seeks to fill a slate of nominees to challenge Campbell Soup Co's board of directors, according to people familiar with the matter. | | | | | | Funds run by BlackRock Inc and Vanguard Group backed all directors at gunmaker Sturm Ruger & Co Inc despite the company's rare rejection of talks with the world's top asset managers, disclosures to regulators on Thursday showed. | | | | | |
