Tag: Finance

(Reuters) – Artemis Investment Management LLP said on Tuesday it had named Nick Shenton and Andy Marsh partners, effective immediately. Shenton, who joined the investment firm in 2012, has more than 16…

NEW YORK (Reuters) – Prominent U.S. investor Jeffrey Vinik is promising potential clients a cut in fees and said that it had been tougher to raise money than he initially thought, as…

NEW YORK (Reuters) – A New York investment manager pleaded guilty on Wednesday to running a $21.9 million fraud in which he falsely told dozens of investors their money was being used…

FRANKFURT (Reuters) – German fund manager Union Investment is nearing a deal to buy about 16,000 German flats for roughly 2 billion euros ($2.3 billion) from a Chinese investor, people close to…

LONDON (Reuters) – A record number of ‘socially conscious’ mutual funds and exchange-traded funds were launched by asset managers last year, keen to tap growing demand from retail investors. A total of…

CHICAGO (Reuters) – The idea that Social Security benefits should be expanded – not cut – is going mainstream. FILE PHOTO: Rep. Richard Neal (D-MA), (L) and Rep. John Larson (D-CT) speak…

CHICAGO (Reuters) – It may seem a simple solution to the brewing U.S. retirement crisis: Get people to work until 70 before retiring and 85 percent will have the money they need…

LONDON (Reuters) – Asset managers in Britain should spell out in greater detail how they picked sustainable investments that benefit clients, society and the environment, regulators proposed on Wednesday. FILE PHOTO: People…

NEW YORK(Reuters) – Actors are widely recognized at events like the Academy Awards, coming up next on Feb. 24, but producers – who work behind the scenes to get movies made –…

SYDNEY (Reuters) – Fund manager Janus Henderson is closing down its three Australian equities funds due to tough fund-raising conditions, and will return nearly A$490 million ($352.65 million) to investors, a company…