Proxy adviser ISS recommends against three directors at Sturm Ruger

Institutional Shareholder Services recommended investors withhold support from three directors at gunmaker Sturm Ruger & Co ahead of its May 8 annual meeting, the top proxy adviser said in a report seen by Reuters on Friday.

Hedge fund Vor Capital secures investment from Borealis Strategic: sources

Borealis Strategic Capital Partners, which invests in new hedge funds, has written its first check to commit capital to Europe-oriented stock fund Vor Capital, two people familiar with the matter said on Friday.

Investors pile into Japan stocks ahead of BoJ pledge to keep rates low: BAML

Japanese equities sucked in their biggest inflows of cash this week since March 2018 ahead of the Bank of Japan's pledge to keep interest rates at super-low levels for longer - the latest central bank to commit to ultra-loose policy.

Investors take 'Spring Break' from risk assets, pulling cash from junk-bond funds

Investors took a break from their buying binge of risk assets in the week ended Wednesday, as U.S.-based high-yield junk bond funds posted $520 million in cash withdrawals, according to Refinitiv’s Lipper research service data on Thursday.

U.S. may mull cutting debt issuance: Bank of America Merrill Lynch

The U.S. Treasury Department may float the idea of reducing the issuance of coupon-bearing debt at its upcoming May refunding after the Federal Reserve's decision to end its balance sheet normalization later this year, Bank of America Merrill Lynch analysts said.

Fewer Americans seeing crucial Social Security document due to budget cuts

(The opinions expressed here are those of the author, a columnist for Reuters.)

UBS Wealth closes U.S. equity overweight, favors emerging stocks

UBS Global Wealth Management has closed its overweight position in U.S. equities and shifted to an overweight in emerging market and Japanese stocks, it said on Thursday.

Collapsed hedge fund Columna sues Permira-backed former managers

The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees.

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