Fired fund manager Friess to battle AMG over Brandywine portfolios
BOSTON (Reuters) – Mutual fund manager Friess Associates plans to challenge its firing by asset manager Affiliated Managers Group (NYSE:) and ask investors to reject...
fund
Real Madrid transfer plan as Bale sale eyed to fund Mbappe and Haaland
Real Madrid will look to offload numerous first-team players including Gareth Bale and Raphael Varane in order to fund bids for Kylian Mbappe and Erling...
Credit Suisse ousts top execs, slashes bonuses amid heavy losses from US hedge fund meltdown
Swiss banking giant Credit Suisse said on Tuesday it expects a first-quarter pre-tax loss of around $ 960.4 million after taking a charge of $...
Global banks bracing for losses amid US hedge fund collapse
World banks may lose over $ 6 billion from the downfall of the US investment firm Archegos Capital, sources told Reuters. Regulators are closely monitoring...
Russia’s National Wealth Fund gets greenlight for gold investments as Moscow pursues de-dollarization policy
Russia’s Finance Ministry has allowed the National Wealth Fund (NWF) to diversify its assets by investing part of the funds into precious metals, including gold....
Goldman Sachs adds $500M to fund for minority-owned businesses
Goldman Sachs is pledging an additional $ 500 million to fund minority-owned businesses through its initiative Launch with GS, the investment bank announced Thursday[1]. The...
Tesla stock is a bubble & it is going down, top fund manager says
Shares of the US electric car producer Tesla are going to see a sharp fall as interest rates are rising after the Covid crisis, says...
Deloitte to pay Malaysia $80mn for its role in pilfering of state fund 1MDB
Presented by Deloitte will pay Malaysia’s government $ 80 million to resolve all claims related to its auditing of accounts of scandal-linked state fund 1MDB...