| | Sovereign investors are facing a tougher environment for dealmaking as rising protectionism threatens to curb inward investment and stunt trade, suggesting private market activity may have plateaued, a co-author of a report out on Monday said. | |
| Investors switched to defensive equities and bonds in the week to July 11 as the U.S. slapped tariffs on $34 billion of Chinese imports and then raised the stakes by threatening another round on an extra $200 billion of goods. | |
| (This July 12 story corrects data after Lipper revision on U.S.-based corporate investment-grade bond funds in paragraph 9.) | |
| A decade on big U.S. banks are still running down and selling off crisis-era mortgages, a process executives point to as weighing on loan growth. | |
| The decision marked the end of an era: last month, the keepers of the Dow Jones Industrial Average removed General Electric Co, one of the original stocks included in the index when it was created in 1896. | |
| (The writer is a Reuters contributor. The opinions expressed are his own.) | |
| The fact that investors are siphoning money out of stocks is not helping gold, with the safe-haven asset suffering as people wary of a global trade war flock to the U.S. dollar. | |
| FM Capital Partners (FMCP), which manages money for sovereign wealth fund the Libya Africa Investment Portfolio (LAP), has won a London court case against its former chief executive officer (CEO) over allegations of fraud and corruption. | |
| (The opinions expressed here are those of the author, a columnist for Reuters.) | |
| Two managing directors overseeing alternative investments at Wilshire Funds Management quit the firm in June, a person familiar with the matter said on Tuesday, as employees appeared increasingly disgruntled about its lack of commitment to the sector. | |
| Morgan Stanley has promoted Ted Pick to head of its trading and investment banking businesses, the most recent elevation for an executive who has overseen several key initiatives at the Wall Street bank. | |
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