Judge rules against hedge funds that challenged 2016 Jarden deal

A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc’s 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a…

Two top fixed-income portfolio managers exit Eaton Vance

Bond fund managers Kathleen Gaffney and Henry Peabody left Eaton Vance Corp at the end of June and have been replaced by existing members of the firm’s fixed-income team, a spokeswoman told Reuters.

Take it easy: central bank U-turns loosen financial conditions

Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year,…

BNY Mellon vows to stem billions in outflows from index products

BNY Mellon Corp’s push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products.

Andrew Left’s Citron Capital posted net return of 24.7% in 1st half of 2019

Andrew Left’s Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund’s website Wednesday, but said “it has…

Andrew Left’s Citron Capital posted net return of 24.7% in first half of 2019

Andrew Left’s Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on fund’s website Wednesday, but said “it has…

Another $860 million recovered for Madoff customers in Kingate settlement: trustee

The court-appointed trustee liquidating Bernard Madoff’s firm on Wednesday said another $860 million may soon be returned to the swindler’s customers, under a settlement with offshore funds that…

CQS looking to grow U.S. presence under new CEO Rolet

CQS, the London-based global multi-strategy credit-focused asset management firm with $17.7 billion in assets, is looking to grow its presence in the United States, Xavier Rolet, who took over the…