Wednesday 27 February 2019

Ubben's socially conscious ValueAct Spring Fund bets on workplace wonk

Reuters.com Newsletter

Ubben's socially conscious ValueAct Spring Fund bets on workplace wonk

Jeffrey Ubben's ValueAct Spring Fund, which invests in companies aiming to address environmental and social problems, is making a bet on an academic-turned-hedge-fund-manager who picks stocks based on how effective companies are as employers.

Poor finish derails investment banking comeback in 2018

Revenues at the world's largest investment banks slumped to their lowest level for eight years in the second half of 2018, spoiling an otherwise improved year after a tough decade since the financial crisis.

Why some U.S. fund managers like China regardless of trade deal

U.S. President Donald Trump's decision to delay raising tariffs on $200 billion worth of Chinese goods has helped push global stock markets broadly higher as investors hope for a resolution in the trade war between the world's two largest economies.

JPMorgan keeps key profit goal, cautious on U.S. recession risks

JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Tuesday it expects to face rising costs for deposits, a key part of its business, and slowing global economic growth.

Your Money: Are you up for a friendly credit score competition?

When personal finance expert Jean Chatzky was buying a house years ago with her husband, she got the shock of her life: His credit score was better.

Investors most bullish on U.S. Treasuries since 2016: survey

Investor bullishness on U.S. Treasuries was at its strongest in about 2-1/2 years amid signs of slowing global economic growth and bets the Federal Reserve may halt the normalization of its balance sheet, a J.P. Morgan survey showed on Tuesday.

Julius Baer gets into crypto banking with SEBA partnership

Julius Baer plans to offer access to digital assets through a partnership with Swiss start-up SEBA Crypto in the latest move into cryptocurrencies by a Swiss private bank.

Platinum Partners' Nordlicht, others face $1 billion fraud trial in NY

Former Platinum Partners chief Mark Nordlicht and other executives of the now-defunct hedge fund group are due to go to trial on Tuesday on charges they defrauded investors out of $1 billion.

Related Videos

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS