 | | | | A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc's 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a once-popular investment strategy known as appraisal. | | | | | | Bond fund managers Kathleen Gaffney and Henry Peabody left Eaton Vance Corp at the end of June and have been replaced by existing members of the firm's fixed-income team, a spokeswoman told Reuters. | | | | | | Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year, a closely watched index suggests. | | | | | | BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products. | | | | | | Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday, but said "it has been an extraordinarily challenging environment to be a short seller." | | | | | | The court-appointed trustee liquidating Bernard Madoff's firm on Wednesday said another $860 million may soon be returned to the swindler's customers, under a settlement with offshore funds that funneled money to Madoff for 14 years. | | | | | | CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier Rolet, who took over the chief executive officer role from its founder in January, said. | | | | | | Australia's prudential regulator should become less "discreet" | | | | | |
