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First net inflows into global equities in 10 weeks: BAML

LONDON (Reuters) – Investors have added to their global equity holdings for the first time in 2-1/2 months and continued to pile into bonds,...

D.E. Shaw’s top shareholder activist Koffey leaves hedge fund

By Svea Herbst-Bayliss (Reuters) – Hedge fund manager Quentin Koffey, who joined D.E. Shaw & Co two years ago from Elliott Management Corp to lead...

Hedge fund manager David Tepper plans to send investors’ money back

By Svea Herbst-Bayliss BOSTON (Reuters) – Billionaire David Tepper plans to turn his hedge fund Appaloosa Management into a family office where he will invest...

Why pessimism on Social Security could come back to bite millennials

By Mark Miller CHICAGO (Reuters) – Why does the word “old” come to mind for so many of us when the topic of Social Security...

Investors continue four-week retreat from U.S. stock market

By David Randall NEW YORK (Reuters) – Investors continued a four-week long retreat from the U.S. stock market last week by unloading a net of...

Your money: Cosigning a student loan? Be prepared to pay

(This May 16 story corrects 10th paragraph to clarify that 96% of cosigns are for undergraduate loans.) By Beth Pinsker NEW YORK (Reuters) – Is...

Philly refiner defers retirement fund payments to employees: letter

By Jarrett Renshaw NEW YORK (Reuters) – Philadelphia Energy Solutions will defer retirement payments to union members until next year, the company said in a...

Investors shun equities, pile into bonds in past week: BAML

By Tom Arnold LONDON (Reuters) – Investors are neither extremely bullish nor bearish, according to Bank of America Merrill Lynch’s gauge of market sentiment, as...

U.S.-based equity funds post $12.27 billion outflows amid U.S.-China trade tensions

By Jennifer Ablan (Reuters) – Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in...

Soros Fund Management increases stake in Tesla convertible bonds: filings

(Reuters) – Billionaire George Soros’ investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc’s <TSLA.O> convertible bonds due in 2021 by...
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