Lords of the Ring: Can 'smart' ring give BlackRock fund managers the edge?
LONDON (Reuters) - After years of using the internet, satellites, algos and other innovations to mine 'Big Data' for that edge over rivals, the world's biggest investment firm is trialing a gizmo that puts the focus back on humans -- its own portfolio managers.
Natixis' H2O sells some illiquid debt to try to staunch outflows
PARIS/LONDON (Reuters) - H2O, one of French bank Natixis' asset management businesses, has sold off some illiquid assets and removed entry fees across its funds as it tries to stem outflows of customer money.
Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others
OSLO (Reuters) - Norway's $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked, the board of the central bank said on Tuesday.
U.S. judge tosses former SAC Capital trader's insider trading guilty plea
NEW YORK (Reuters) - A federal judge in Manhattan on Friday threw out the 2013 insider trading guilty plea of a former trader at SAC Capital Advisors LP, the hedge fund once run by billionaire Steven A. Cohen, saying recent changes in the law meant there were not enough facts to support the plea.
DoubleLine's Gundlach says Fed's 'pivot' is following bond market's lead
(Reuters) - Jeffrey Gundlach, chief executive of DoubleLine Capital and the most widely followed bond investor, said the Federal Reserve's dovish turn in its policy statement on Wednesday took its lead from the bond market.
UK puts mini-bond regulation under spotlight after LCF collapse
LONDON (Reuters) - Britain's finance ministry said on Monday it would look at whether the regulation regime around mini-bond investments, used to raise funds for small businesses, is up to scratch following the collapse of investment firm London Capital & Finance (LCF).
Highfields spinoff Solel Partners to start trading later this year
BOSTON (Reuters) - Solel Partners is expected to start trading with more than $400 million in capital later this year, after the new hedge fund received commitments from pensions, endowments and the founders' former boss, who ran hedge fund Highfields Capital, two people familiar with the matter said.
Column: U.S. legislation will help retirement security, but bigger steps are needed
CHICAGO (Reuters) - Federal policy on retirement security is one chaotic mess right now.
Your money: Buying or refinancing? The mortgage rate frenzy is back
NEW YORK (Reuters) - Mortgage rates are nearing historic lows again in the United States, making it an ideal time to buy a home - or refinance.
Most SoftBank Vision Fund investors want to join second fund: CEO Son
TOKYO (Reuters) - Most investors in SoftBank Group Corp's $100 billion Vision Fund want to join the group's forthcoming second fund, and discussions with those investors will begin soon, SoftBank founder and Chief Executive Masayoshi Son said on Wednesday.