US Catholic Church invests heavily in oil, against Pope’s wishes
Pope Francis has been vocal about climate change and the effects of "highly polluting fossil fuels." But...
Old Mutual shakes up investment biz
Old Mutual has created a new investment division.
Old Mutual Wealth, which manages $157 billion in client assets,...
Better young than small when it comes to hedge funds
Sometimes size does matter.
When it comes to hedge funds, young and small aren't synonymous, writes CNBC. Big...
Daily Scan: Jimmy Carter has cancer; Stocks fall flat; China rocked with explosions
August 12
Good evening,
Stocks finished the day flat after a late day rally. The S&P 500 added 0.1%....
Elliott raises holdings in Bank of East Asia
After hitting a speed bump in its battle against Samsung’s founding family, Elliott Management is returning to its...
Glass Lewis stymies notorious activist
Yoshiaki Murakami, Japan’s most notorious activist investor, just found his attempt to seat himself and three of...
China cuts daily RMB fix by 1.6%
It looks like Beijing’s really trying to free the yuan here.
After expanding the yuan’s trading band by...
Commodities Remain a Valuable Portfolio Allocation
SUMMARY
Commodity asset class returns tend to go through cycles of positive and negative performance, which largely coincide...
Daily Scan: RMB fallout roils the markets; China econ data misses estimates
The RMB’s lower fix this morning continues to wreak havoc across all the financial markets. In Asia,...
Top 5 considerations for China’s devalutation of the renminbi
China's central bank devalued the renminbi by almost 2% Tuesday against the dollar -- the biggest one-day...
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