Fund managers have named bearish bets in European equities as the "most crowded" trade in Bank of America Merrill Lynch's survey for the first time in its history, suggesting sentiment for one of the world's most shunned markets may rise from here.
Investors plowed $14.2 billion into global equity funds this week, the largest amount in a year as investors jumped on to 2019's stock market rally, Bank of America Merrill Lynch said on Friday, citing flow data provider EPFR.
Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal.
TPG Capital senior executive Bill McGlashan on Thursday left the private equity firm after he was charged in connection with a U.S. college fraud scheme that has ensnared Hollywood celebrities and corporate elite.
U.S. investors ended their longest buying streak since October by pulling money out of domestic stock mutual fund and exchange-traded funds last week on global concerns about economic growth in Europe, according to Investment Company Institute data released on Wednesday.
Everyone knows the Golden Rule of business is to pay yourself first. But more than half of small business owners are going months without pay - if they are taking any at all.
