| | | U.S. fund investors snub domestic stocks | | | NEW YORK (Reuters) - U.S. investors dashed into funds that buy stocks outside the country at the fastest pace since July, while pulling money out of domestic equities, Investment Company Institute (ICI) data showed on Wednesday. |
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| | | Trian's Peltz claims win in proxy fight, P&G says not yet | | | (Reuters) - Activist hedge fund manager Nelson Peltz claimed victory in his fight to win a seat on Procter & Gamble Co's board after a preliminary tally of votes was released on Wednesday, but P&G refused to concede and said it wants to see a certified result before declaring a winner. |
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| At issue for Vanguard fund shareholders: how to manage success | | | SCOTTSDALE, Ariz. (Reuters) - Vanguard Group Inc staged the largest-ever mutual fund shareholder proxy meeting on Wednesday facing a problem competing asset managers would welcome: how to manage rapid growth without losing its traditional low-cost appeal. |
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| Hedge funds bet on reinsurance recovery | | | LONDON (Reuters) - Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday. |
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| | | Buffett's Berkshire slashes IBM stake, adds to Apple | | | NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc has sold another large piece of its stake in IBM Corp , backing further away from an investment that the billionaire has admitted was not one of his best. |
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