U.S.-based investment-grade corporate bond funds see 14th week of inflows

Investors gravitated toward the higher-quality spectrum of the credit markets this week, as U.S.-based investment-grade corporate bond funds attracted about $374.5 million in net cash, their 14th consecutive week of inflows.

Human hedge fund managers embrace robot-rival tools to amp returns

Traditional stock-pickers in the hedge fund world have been struggling to justify their expenses and weak returns in recent years, as low-cost algorithmic funds have done better. Now, human managers are starting to embrace the technologies employed by their robot rivals to improve results.

Einhorn's Greenlight Capital up 18.7% for year: source

Hedge fund manager David Einhorn, whose hedge fund Greenlight Capital suffered double digit losses, is up nearly 19 percent in the first four months of 2019, a person familiar with the numbers said on Tuesday.

Hedge fund Voce urges Argo to slash expenses, nominates five directors

An activist hedge fund on Tuesday nominated five directors and urged insurance company Argo Group International Holdings Ltd to cut $100 million in expenses, including corporate jets and housing for its chief executive.

Most U.S. small business preparing for a recession: Bank of America survey

Small business owners around the country are preparing for a recession, according to a new survey by Bank of America Corp.

For investors, bloom is off Europe amid Brexit, yellow vest worries

Europe, long a major destination of investor capital, is losing luster, say prominent bankers and asset managers, who are reducing exposure to the area because of concerns about issues ranging from Brexit to France's "yellow vest" protests.

Fed's not yet done with U.S. rate hikes, says Guggenheim Global CIO

Federal Reserve policymakers have no reason to change U.S. interest rates anytime soon but will startle global markets by resuming rate hikes rather than pivoting to cuts, according to a leading Wall Street money manager.

Hedge fund Vor Capital secures investment from Borealis Strategic: sources

(This April 26 story corrects transposed performance data in sixth paragraph)

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