 | | | | Barely a tenth of respondents in a monthly fund manager survey expect a stronger global economy in the coming months, marking the lowest proportion since last April's initial COVID-19 panic, Bank of America's (BofA's) September edition of the survey showed. | | | | | | The chair of the top U.S. securities regulator wants private funds to disclose more information to investors about potential conflicts of interest and the fees they charge, according to congressional testimony published Monday evening. | | | | | | Interactive Brokers Group on Monday said it launched low-fee cryptocurrency trading on its platform, making it the latest online retail brokerage to add digital assets to its offerings. | | | | | | Activist investor Ortelius Advisors, one of the largest owners of Capital Senior Living Corp , is offering to provide a near-term cash infusion as an alternative to the company's proposed fund-raising plans, which Ortelius says would harm shareholders. | | | | | | Hedge fund Brevan Howard said on Monday that it was expanding its crypto business, the latest sign that institutional interest in the asset class is gaining momentum. | | | | | | A marquee Wall Street conference returns this week, but much like everyone's pandemic-era plans, the event hosted by hedge fund executive and former White House communications director Anthony Scaramucci, will be a little different this year. | | | | | | Struggling property giant China Evergrande Group (3333.HK) repaid matured wealth management products of less than 100,000 yuan ($15,531) on Sept. 9 as part of an interim repayment plan for retail investors, financial information provider REDD reported on Friday. | | | | | | China's banking and insurance regulator said on Friday it will launch wealth management product pilots in four cities aimed at retail investors looking to boost their retirement savings. | | | | | | China kicked off on Friday a long-awaited scheme, called Wealth Management Connect, that links its southern province of Guangdong with Hong Kong and Macau, as Beijing moves to pull the two territories closer. | | | | | | Harvard University is ending its investments in fossil fuels, the school's president said on Thursday, drawing praise from divestment activists who had long pressed the leading university to exit such holdings. | | | | | |
