BlackRock Inc is planning a new fund for investors looking to park their cash safely while helping the environment, expanding options for "socially responsible" investments, a filing with U.S. market regulators showed on Tuesday.
Ashland Global Holdings and Cruiser Capital settled their proxy contest on Tuesday with a deal allowing the hedge fund to help select two new board members at the specialty chemicals company while one of its board nominees becomes a consultant there.
Baby boomer art collectors have a problem: Their heirs may not know the difference a $100 print from a garage sale and a $1 million paradigm of Abstract Expressionism.
LJM Partners Ltd on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars it lost after last year's jump in stock market volatility that effectively put the fund manager out of business.
Hedge funds suffered their worst quarterly outflows in two years when investors pulled $23 billion from the industry during the last three months of 2018, new data released on Friday show.
Two of America's best-known green investors are reassessing their stakes in global insurance broker Arthur J. Gallagher & Co after a Reuters investigation into the company's lucrative side-business in "clean coal".
Trian Fund Management LP will not challenge PPG Industries Inc's board of directors at its 2019 shareholder meeting after the U.S. paints and coatings company met some of the activist hedge fund's demands and announced new financial targets, people familiar with the matter said on Thursday.
