 | | | | UBS Global Wealth Management has closed its overweight position in U.S. equities and shifted to an overweight in emerging market and Japanese stocks, it said on Thursday. | | |
| | | The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees. | | |
| | | U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. | | |
| | | Norway's sovereign wealth fund will pay about $98 million dollars to extend the term of its ownership in a portfolio of New York properties and to acquire a few new, the fund said on Wednesday. | | |
| | | The major drivers of high U.S. corporate profit margins are unsustainable and "now under threat", which will eventually result in much lower equity prices, Bridgewater Associates, the world's largest hedge fund, said on Wednesday in a report. | | |
| | | Corvex Management manager Keith Meister on Tuesday named Diamondback Energy Inc. one of the hedge fund's top investment picks after the energy company bought a rival last year. | | |
| | | Activist investment firm Starboard Value has taken a new position in KAR Auction Services, the firm's founder Jeffrey Smith said at a conference on Tuesday. | | |
| | | Short positioning on European equities was the "most crowded trade" for the second straight month in April, a survey of fund managers by Bank of America Merrill Lynch found. | | |
|
| |
