 | | | | Money manager Jeffrey Vinik said on Wednesday he was shutting down his stock-picking hedge fund, citing unexpected difficulties raising cash for the decision to end a much-hyped but short-lived relaunch of his asset management firm. | | | | | | U.S. money market fund assets increased by $18.00 billion to $3.437 trillion in the week ended Oct 22, the Money Fund Report said on Wednesday. | | | | | | Your job does not have to be physically demanding to literally be a pain in the neck, or knee, or lower back. | | | | | | Top pension consultant NEPC said it questioned the "sustainability" of Fisher Investments, in a memo sent to NEPC clients and seen by Reuters on Tuesday. | | | | | | U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters analysis of corporate earnings transcripts shows. | | | | | | Top pension consultant NEPC recently issued a client recommendation to terminate Fisher Investments, the New Hampshire Retirement System said on Tuesday. | | | | | | Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in an accelerating series of withdrawals from the firm over allegedly sexist comments by its leader, Kenneth Fisher. | | | | | | China on Monday unexpectedly kept unchanged its new benchmark lending rate, suggesting Beijing is keen to avoid overly loosening monetary policy for fear it may push up already-high debt levels across the economy. | | | | | |
