Friday, October 23, 2020
Tags Investment trusts (trbc)

Tag: investment trusts (trbc)

In record deal, U.S. to recover $1 billion from Malaysian fugitive...

NEW YORK/KUALA LUMPUR (Reuters) - The U.S. Justice Department has struck a deal to recoup $1 billion in funds allegedly looted from a Malaysian...

Fidelity Contrafund cuts value of WeWork stake by 35%

BOSTON (Reuters) - Fidelity Investments cut the value of Contrafund's stake in WeWork Companies Inc by 35% in September amid turmoil surrounding...

Fidelity drops Fisher’s money management firm as withdrawals accelerate

BOSTON (Reuters) - Fidelity Investments has dropped Fisher Investments as a money manager, a Fidelity spokesman said on Monday, the latest in...

Citigroup names Peter Babej as Asia Pacific chief executive: memo

HONG KONG (Reuters) - Citigroup Inc () has named Peter Babej, the U.S. bank's global head of financial institutions group, as its...

Trading in second Woodford fund suspended: administrator

LONDON (Reuters) - A second Woodford fund was suspended from trading on Wednesday after embattled investor Neil Woodford resigned as its manager. ...

Fidelity criticizes money manager Fisher, who loses Philadelphia as client

BOSTON (Reuters) - Fidelity Investments on Tuesday said it was reviewing its relationship with money manager Ken Fisher while Philadelphia's board of pensions terminated...

Neil Woodford says ‘cannot accept’ closure of his flagship fund

LONDON (Reuters) - Fund manager Neil Woodford has criticized a fund administrator decision to close his suspended flagship fund on Tuesday, after a four-month...

Neil Woodford sacked as flagship Equity Income Fund to be shut

LONDON (Reuters) - Neil Woodford has been ousted from his flagship LF Woodford Equity Income Fund which will be shut down to pay back...

Fidelity fund’s big bet on Juul looms large amid controversy

BOSTON (Reuters) - Juul Labs Inc has become one the biggest bets in the portfolio of Fidelity's $28 billion Blue Chip Growth Fund, whose...