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Low profile hedge funds post high returns in year after New York Sohn conference

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One of the year's most popular events for fund managers, the Sohn Investment Conference, will be held in New York on Monday, but if history is any guide, some of the industry's...

Apr 20

Wells Fargo agrees to pay $1 billion to settle customer abuses

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Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with...

Apr 20

Firearms companies widely held in ETFs and funds: research firm

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An estimated 24 percent of the world's exchange-traded funds and 15 percent of mutual funds have holdings in firearms companies, researcher Sustainalytics said in a report on...

Apr 19

Your money: Women who retire early can miss out

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Women have a math problem when it comes to retirement: On average, they retire two years earlier than men but they live five years longer.

Apr 19

U.S. 'junk' bond funds take in most weekly cash since 2016: Lipper

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Investors stormed back into the market for the riskiest corporate debt during the latest week, Lipper data showed on Thursday, pumping the most cash into U.S.-based, high-yield...

Apr 19

Jane Rosenthal lives life on the Hollywood high wire

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Movie producers do not turn into household names as often as actors and directors, but Jane Rosenthal leapt to that level, and not just for her feature film projects.

Apr 19

BlackRock wants regulators to address unequal voting rights

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BlackRock Inc on Thursday called on securities regulators to set international standards for shareholder voting rights, suggesting they resolve one of the thorniest debates in...

Apr 19

Wall Street sees a win in proposed SEC investor protections

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The long-running fight to protect retirement savers from conflicted investing advice shifted to a new battleground this week, and the first salvo was not promising.

Apr 19

Goldman says jitters about U.S. yield inversion 'overblown'

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Goldman Sachs analysts said on Thursday concerns about a U.S. yield curve inversion among traders as an omen of a looming recession are "overblown," though an inversion is often...

Apr 19

SEC proposes rule to combat conflicted investment advice

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The U.S. Securities and Exchange Commission on Wednesday proposed a new rule that would require brokers at firms like Morgan Stanley and Merrill Lynch Wealth Management to...

Apr 18