Bridgewater warns of peak U.S. profit margins, lower stock prices
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.
Exclusive: Advent readies new $2.2 billion Latam private equity fund - sources
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 wealth fund extends ownership of New York real estate
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.
Collapsed hedge fund Columna sues Permira-backed former managers
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.
Starboard takes new position in KAR Auction Services
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.
Corvex's Meister likes Diamondback Energy after it bought Energen
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.
Short European stocks still 'most crowded trade,' BAML survey shows
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.
Bank of America Merrill Lynch names new country executives for Japan, Australia: memo
Bank of America Merrill Lynch appointed Joseph Fayyad and Tamao Sasada as country executives of Australia and Japan, respectively, an internal memo seen by Reuters said.
Take your best shot: Life Lessons with soccer star Alex Morgan
Everyone has a dream of making it to the top, but what happens when you actually get there? Only a handful of people even know what that is like.