 | | | | (The opinions expressed here are those of the author, a columnist for Reuters.) | | |
| | | Two managing directors overseeing alternative investments at Wilshire Funds Management quit the firm in June, a person familiar with the matter said on Tuesday, as employees appeared increasingly disgruntled about its lack of commitment to the sector. | | |
| | | Morgan Stanley has promoted Ted Pick to head of its trading and investment banking businesses, the most recent elevation for an executive who has overseen several key initiatives at the Wall Street bank. | | |
| | | BlueMountain Capital Management on Tuesday said it hired four portfolio managers to build out the hedge fund's new fixed-income strategy focused on relative-value investments in G7 government bonds, U.S. municipal bonds, agency ABS and emerging market debt. | | |
| | | (The writer is a Reuters contributor. The opinions expressed are his own.) | | |
| | | My kids got a great report from the dentist at their last checkup. From the receptionist? Not so much. | | |
| | | Over a third of sovereign investors plan to cut their equity exposure over the next three years after a strong run in 2017, citing trade wars, geopolitics and high valuations as headwinds to performance, a study by asset manager Invesco showed. | | |
| | | Japan's Government Pension Investment Fund, the world's largest pension fund, lost 5.5 trillion yen ($49.7 billion) on its investments in the first quarter as worries about U.S.-China trade friction pushed down stocks in Japan and abroad, the fund said on Friday. | | |
| | | Investors played it safe in June, plucking the most cash out of U.S.-based equity funds since the peak of the 2008 global financial crisis as U.S. trade disputes discouraged risk, Lipper data showed on Thursday. | | |
| | | Twenty years ago, Seth Goldman succeeded in his years-long quest to find an after-run drink that was tasty, yet low in sugar and calories. | | |
| | | U.S. fund investors peeled out of stocks, pulling the most cash since February in the most recent week as global trade tensions vexed markets, Investment Company Institute data showed on Thursday. | | |
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