NEW YORK (Reuters) – Jana Partners LLC, based by Barry Rosenstein, is shutting down two stock-picking hedge funds following losses and can focus as an alternative on its major technique of investing in a handful of corporations and pushing administration to enhance their efficiency. FILE PHOTO – Barry Rosenstein, founder and managing Partner of JANA […]
And then there have been none. The Financial Stability Oversight Council unanimously agreed Oct. 17 to finish its additional scrutiny of Prudential Financial Inc. PRU, -1.84% , the […]
LAS VEGAS (Reuters) – A hedge fund business gathering in Las Vegas this week was far much less decadent than these of the previous, as massive cash buyers targeted much less on playing and champagne-soaked “Sin City” celebrations and extra on the grind of vetting fund managers. Hedge fund managers and buyers meet at the […]
LONDON (Reuters) – Micro Focus shares surged on Thursday, with merchants citing a Bloomberg report that hedge fund Elliott Management has taken a stake within the UK software program agency. The shares jumped as a lot as 12 % to their highest in a month earlier than swinging again, and have been final buying and […]
Developers of the preferred bitcoin implementation software program have massive goals of crafting a very international type of cash, and as such, you possibly can say they’ve quite a bit on their plates. The breadth of their to-do lists was straightforward to see at a current annual assembly in New York, the place, in a […]
LAUSANNE, Switzerland (Reuters) – Jonathan Goldberg, the founding father of one of many world’s largest energy-focused hedge funds BBL Commodities, is launching a brand new $1 billion macro fund with his former Goldman Sachs colleague Ben Jacobs that may commerce currencies and fairness indices based mostly on commodities developments. The new fund was launched in […]
European stocks misplaced floor Monday, extending final week’s pullback, as analysts attributed the retreat partially to persistent worries a few international commerce struggle. The U.S. Federal Reserve’s upcoming coverage choice additionally was seen as serving to to peel away buyers from equities. Micro Focus International PLC’s inventory was serving to to cleared the path decrease, […]
Businesses alongside the Gulf Coast are nonetheless within the midst of restoration efforts after Harvey. But one other storm is already poised to have an identical influence on residents and companies in Florida. For the companies which were impacted by Harvey or are probably dealing with results from Irma, the primary precedence because the storm […]
Exchange-traded funds are part of the worldwide market that’s getting greater and larger, however recently, they’ve additionally been getting quieter and quieter. SOURCE: MarketWatch.com – Mutual Funds – Read complete story here.
The administration’s strategy is of a bit with the president’s often-stated view of what drives financial success. SOURCE: NYT > DealBook – Read whole story here.