NEW YORK Little-known Thrivent Financial, a Minneapolis-based asset manager that offers financial services to Lutherans, is hoping its recent streak of outperformance will make it stand apart at a time when steep investor outflows are prompting a wave of mergers throughout the mutual fund industry.
NEW YORK High U.S. share prices are pushing Lipper Award-winning equity fund managers into the shares of beaten-down healthcare companies, retailers and emerging-market stocks that they say offer a greater chance for outsized gains.
NEW YORK Rising short-term interest rates in the United States are prompting Lipper Award-winning bond fund managers to add emerging-market debt and non-agency backed residential mortgages that they say offer more potential for gains in the year ahead.
Nov 21 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
- 21st Century Fox in $90 mln settlement tied to sexual harassment scandal
- BRIEF-Telemark Asset Management LLC reports 6.72 pct passive stake in Codexis as of Nov 10
- BRIEF-Roaring Blue Lion Capital Management LP reports 5.58 pct stake in Homestreet as of Nov 10
- BRIEF-Park West Asset Management reports 12.3 pct stake in PLx Pharma