Overdone? Short EU equities 'most crowded' trade for first time
LONDON (Reuters) - Fund managers have named bearish bets in European equities as the "most crowded" trade in Bank of America Merrill Lynch's survey for the first time in its history, suggesting sentiment for one of the world's most shunned markets may rise from here.
Role of a Lifetime: Life Lessons with Peter Krause
NEW YORK (Reuters) - If you are looking for steady work, it is probably best not to go into show business. Unless you are Peter Krause, that is.
Mutual funds start to put their mouth where their money is
(Reuters) - Corporate America's biggest shareholders have traditionally been content with sharing their views on a company's strategy privately with management.
TPG Rise founder leaves firm in wake of U.S. college admissions scandal
NEW YORK (Reuters) - TPG Capital senior executive Bill McGlashan on Thursday left the private equity firm after he was charged in connection with a U.S. college fraud scheme that has ensnared Hollywood celebrities and corporate elite.
Equity funds see biggest weekly inflows in a year: BAML
LONDON (Reuters) - Investors plowed $14.2 billion into global equity funds this week, the largest amount in a year as investors jumped on to 2019's stock market rally, Bank of America Merrill Lynch said on Friday, citing flow data provider EPFR.
U.S. stock funds lose inflows as stock rally continues
NEW YORK (Reuters) - U.S. investors ended their longest buying streak since October by pulling money out of domestic stock mutual fund and exchange-traded funds last week on global concerns about economic growth in Europe, according to Investment Company Institute data released on Wednesday.
Advantage Lithium replaces CEO in wake of college admissions scandal
(Reuters) - Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal.
Your Money: Pay yourself first? Last is how small biz often works
NEW YORK (Reuters) - Everyone knows the Golden Rule of business is to pay yourself first. But more than half of small business owners are going months without pay - if they are taking any at all.
Worst start to year for equity flows since 2008: BAML
LONDON (Reuters) - A $10 billion wipeout over the last week has compounded the worst start to a year for equity flows since 2008, Bank of America Merrill Lynch strategists said on Friday.
Wealthy millennials boosting the art market
ZURICH (Reuters) - The global art market experienced another uptick in 2018, helped by an increase in the spending power of millennials, a report published by UBS and Art Basel said on Friday.