Hedge funds see opportunity in battered New York, San Francisco apartment markets

In the wake of the COVID-19 outbreak, as businesses across the country urged employees to work from home, rents plunged in New York City, San Francisco and other densely-populated cities.

Goldman holds top rank in activism defense, Spotlight climbs: data

Goldman Sachs ranked as the top adviser to companies targeted by activist investors during the first half of 2020 while Morgan Stanley dropped into fourth position as the coronavirus weighed on corporations, new Refinitiv data show.

Proxy advisory firm Glass Lewis shakes up senior ranks, hires from BlackRock

Influential proxy advisory firm Glass Lewis on Monday said it is replacing its head of research and head of sales with two outsiders, marking another shakeup in its top ranks one year after its chief executive officer left.

In 'laggard rotation', emerging market equity funds turn winners: BofA

Global investors yanked almost $24 billion out of cash funds in the past week to redirect money into emerging markets, while slowing down on chasing the summer's winners, technology and gold, BofA's weekly fund flow statistics showed on Friday.

U.S. stock funds shed $6.2 billion outflow in last week: Lipper

U.S.-based stock funds posted $6.2 billion in outflows in the week to Wednesday, according to Lipper.

Why Buffett's bet on Japan could turn on higher inflation, weakening dollar

Berkshire Hathaway Inc's $6.2 billion foray into Japan's five largest trading houses may signal billionaire Warren Buffett's expectation that inflation and a falling U.S. dollar may make international equities more attractive when economies worldwide recover from the coronavirus pandemic.

Global funds once again opt out of stocks, despite rally, Reuters polls show

Funds recommended equity holdings be trimmed to the lowest in over four years in August, despite record-breaking gains by world stocks, as the pandemic drags on and new data suggest the nascent economic rebound is stalling, Reuters polls found.

Payment holiday parachute might COVID-proof government bonds, top fund says

The option of a one-time payment holiday during times of intense crisis might enable countries to pandemic-proof their bonds, a prominent debt fund believes.

EU watchdog flags harder line on cross-border funds management

Brexit safeguards to stop asset managers in Britain running "shell" investment funds in the European Union to retain access to its markets should be hardwired into EU law, the bloc's securities watchdog said on Wednesday.

United States Oil Fund faces possible SEC action: filing

The U.S. Securities and Exchange Commission is considering enforcement action against United States Oil Fund LP, the largest crude oil exchange-traded fund, due to statements made after oil prices plunged into negative territory in April.

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