NEW YORK (Reuters) – As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares are wondering whether now is the time to cash in…
NEW YORK (Reuters) – Emotions — and expenses — often run high during a divorce, but people and their bank accounts can bounce back given enough time. A new study from Fidelity Investments, released Tuesday, shows that by five years…
NEW YORK (Reuters) – U.S. fund investors started closing the books on 2019 by withdrawing more than $10.9 billion from mutual funds and exchange-traded funds that hold domestic stocks last week, the largest pullback since early October, according to Investment…
CHICAGO, Jan 7 (Reuters) – The window is closing on the chance to avert a pension meltdown that will slash the retirement benefits of more than a million U.S. workers. FILE PHOTO: The dome of the U.S. Capitol Building is…
NEW YORK(Reuters) – It is hardly a secret that people rarely stick to New Year’s resolutions – only about 8% of people actually make it to the finish line with their goals, according to studies from the University of Scranton,…
(The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: The U.S. Capitol building is pictured at sunset on Capitol Hill in Washington, U.S., November 22, 2019. REUTERS/Loren Elliott/File Photo By Mark Miller CHICAGO (Reuters)…
WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Wednesday proposed changes to its decades-old definition of a professional investor in order to allow more Americans to buy shares in private companies. Chairman Jay Clayton participates in a U.S…
BOSTON (Reuters) – Activist hedge fund Marcato Capital Management, backed by Blackstone Group and billionaire William Ackman, is shutting down as assets have shriveled after two years of poor returns, sources said on Sunday. FILE PHOTO: Blackstone Group CEO and…
NEW YORK (Reuters) – Exchange-traded funds that use leverage to offer double or triple the daily return of benchmark U.S. stock indexes rank among the 10 top-performing funds of the decade, with returns that in some cases neared 2,000%, despite…
BOSTON (Reuters) – D.E. Shaw’s Orienteer platform, the backbone of the $50 billion investment firm’s multi-asset class offerings, posted high double-digit returns this year, the best ever in its six year lifetime. The Orienteer platform’s HV variant gained 41.3% through…
