 | | | | Amundi Asset Management, Europe's largest fund manager, has recommended investors restart building exposure to emerging markets and developed market credit, assets which are often considered more risky, after last year's brutal sell-off. | | | | | | Tax filing season for 2018 returns starts this week, and the most complicated changes brought about by the Tax Cut and Jobs Act are still barely comprehensible. | | | | | | Mark Mitchell, the co-founder of Starboard Value LP who helped turn it into one of Wall Street's most high-profile activist hedge funds, retired from the New York-based firm earlier this month, people familiar with the matter said on Friday. | | | | | | U.S. pension funds are projected to shift $12 billion into bonds from stocks in a rebalancing of their investments at the end of January, amid a rebound in the stock market following a sharp sell-off in late 2018, Wells Fargo Securities analysts said on Friday. | | | | | | PG&E Corp shareholder BlueMountain Capital Management LLC said on Thursday it is preparing a challenge to the embattled utility owner's board, arguing its plan to file for bankruptcy in the wake of catastrophic wildfires in California is harming investors. | | | | | | The U.S. government's partial shutdown might be enough to tip America's economy into recession if it runs longer than another month, a former White House aide said on Thursday. | | | | | | (The opinions expressed here are those of the author, a columnist for Reuters) | | | | | | With the partial U.S. government shutdown about a month old, a student showed up at the College of Southern Maryland's financial aid office with two preschool children in tow to request emergency help paying her $3,000 in tuition and fees. She is one of the 800,000 workers not getting paid. | | | | | |
