How Thrivent hopes to grow beyond its base of religious investors

NEW YORK (Reuters) – 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…

After Trump rally, equity investors move into healthcare, retailers

NEW YORK (Reuters) – 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…

Emerging markets land top of managers’ portfolios with rising rates

NEW YORK (Reuters) – 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…

Acting SEC chair plans test to lower exchange fees

WASHINGTON (Reuters) – The acting head of the U.S. Securities and Exchange Commission has directed the regulator to launch a pilot plan that would test how the market would be affected if exchanges…

Investors add $8 billion to U.S. taxable bond funds in week: Lipper

NEW YORK (Reuters) – Investors poured $8.3 billion into U.S.-based taxable bond funds during the latest week, Lipper data showed on Thursday, marking the largest inflows for the funds since last July.

U.S. municipal bond funds post $173.5 million in inflows: Lipper

(Reuters) – U.S. municipal bond funds reported $173.5 million of net inflows in the week ended March 22, compared with $118.1 million in outflows in the previous week, according to data released by…

For Goldman Sachs, a rare pass from shareholder resolutions

NEW YORK/BOSTON (Reuters) – For the first time in more than a decade, Goldman Sachs Group Inc has managed to avoid any proxy battles with activist shareholders by convincing investors and securities…

Hedge fund manager Friedman to list investment fund in London

LONDON (Reuters) – U.S. hedge fund manager Emanuel ‘Manny’ Friedman plans to list a fund in London to invest in asset-backed securities and real estate assets put up for sale as a result of…