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Column: What would private equity funds in 401(k)s mean for retirement savers?

June 12, 2020 - by admin - Leave a Comment

CHICAGO (Reuters) – Employer retirement plans are not known for their flashy investments – a majority of 401(k) investors these days use target date funds that invest in broad, diversified …

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Money News

U.S. money market assets decreased in latest week: iMoneyNet

June 11, 2020 - by admin - Leave a Comment

NEW YORK, June 10 (Reuters) – U.S. money market fund assets decreased by $24.84 billion to $4.668 trillion in the week ended June 9, the Money Fund Report said on …

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Money News

Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan

June 3, 2020 - by admin - Leave a Comment

(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) FILE PHOTO: George Washington is seen with printed medical mask on the …

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Money News

Column: What COVID-19 is teaching us about how to reform Medicare

May 28, 2020 - by admin - Leave a Comment

CHICAGO (Reuters) – The COVID-19 pandemic has put a bright spotlight on weaknesses in many of the systems designed to protect Americans from risks. But with older people more susceptible …

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Money News

Starboard set to win eight board seats at GCP Applied Technologies-sources

May 28, 2020 - by admin - Leave a Comment

(Reuters) – Hedge fund Starboard Value LP is close to having eight directors elected to the board of GCP Applied Technologies Inc (GCP.N) at the chemical company’s annual meeting, people …

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Money News

Ackman says hedge fund up 27% year to date, dumped Berkshire

May 28, 2020 - by admin - Leave a Comment

FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File …

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Money News

Ackman says portfolio is up as much as 27%, sold Berkshire recently

May 27, 2020 - by admin - Leave a Comment

FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File …

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Money News

U.S. bank regulator finalizes new community lending rule

May 21, 2020 - by admin - Leave a Comment

FILE PHOTO: The New York Stock Exchange (NYSE) is seen in the financial district of lower Manhattan during the outbreak of the coronavirus disease (COVID-19) in New York City, U.S., …

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Money News

Northern Trust shutting fund; an outlier or sign of future risk?

May 21, 2020 - by admin - Leave a Comment

FILE PHOTO: An employee walks past a company logo at Northern Trust offices in London, Britain August 1, 2019. REUTERS/Toby Melville BOSTON (Reuters) – Northern Trust Corp’s decision to liquidate …

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Money News

Retirement services provider Human Interest extends funding round to $50 million

May 20, 2020 - by admin - Leave a Comment

(Reuters) – Human Interest, which helps small and medium-sized businesses set up 401K plans for employees, said on Wednesday it had extended its Series C funding round to $50 million …

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