| | | | | Activist investor Trian Fund Management LP said on Friday that it owns large stakes in Invesco Ltd and Janus Henderson Group Plc and plans to encourage the asset managers to consider strategic options like a merger as the industry faces a wave of consolidation. | | |
| | | (The opinions expressed here are those of the author, a columnist for Reuters.) | | |
| | | The Federal Reserve would likely step-in to support financial markets if the outcome of the U.S. presidential election was contested, a move which would benefit stocks in the tech sector, BofA analysts wrote in their weekly fund flow report on Friday. | | |
| | | Bookmakers in Britain suspended betting on the outcome of the U.S. election on Friday after President Donald Trump said he had tested positive for COVID-19. | | |
| | | Activist investment firm Trian Fund Management LP has taken a 9.9% stake each in asset management firms Invesco Ltd and Janus Henderson Group Plc, totaling about $900 million, people familiar with the matter said. | | |
| | | U.S. -based equity funds attracted $1.1 billion in the week to Wednesday, the first inflow in seven weeks, according to Lipper. | | |
| | | The top-performing U.S. stockpickers of the third quarter made bets on companies ranging from healthcare technology to wind power, helping some funds post gains of 40% or more during a three-month stretch that ended with the S&P 500 suffering its first monthly decline since March. | | |
| | | SoftBank-backed used-car platform Kavak has become Mexico's first tech "unicorn" after reaching a $1.15 billion valuation in its latest funding round last month, Chief Executive Carlos Garcia told Reuters. | | |
|
| |
