Money News
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Hedge funds see opportunity in battered New York, San Francisco apartment markets
NEW YORK (Reuters) - In the wake of the COVID-19 outbreak, as businesses across the country urged employees to work from home, rents plunged in New York City, San Francisco and other densely-populated cities.
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Goldman holds top rank in activism defense, Spotlight climbs: data
BOSTON (Reuters) - Goldman Sachs
ranked as the top adviser to companies targeted by activist investors during the first half of 2020 while Morgan Stanley dropped into fourth position as the coronavirus weighed on corporations, new Refinitiv data show. -
Proxy advisory firm Glass Lewis shakes up senior ranks, hires from BlackRock
BOSTON (Reuters) - Influential proxy advisory firm Glass Lewis on Monday said it is replacing its head of research and head of sales with two outsiders, marking another shakeup in its top ranks one year after its chief executive officer left.
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In 'laggard rotation', emerging market equity funds turn winners: BofA
LONDON (Reuters) - Global investors yanked almost $24 billion out of cash funds in the past week to redirect money into emerging markets, while slowing down on chasing the summer's winners, technology and gold, BofA's weekly fund flow statistics showed on Friday.
