11 h. ago As Elliott Moves In, BP Investment Case Splits ESG Fund Market

As Elliott Investment Management pressures BP Plc to abandon its renewable-energy ambitions, ESG fund managers can’t agree on how to treat the UK oil giant.

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69 h. ago BlackRock’s Ben Powell Calls for More Targeted Playbook in Markets

Global investors are facing a “fundamentally different epoch” in the financial markets that requires a different playbook with a more selective approach, according to BlackRock Investment Institute.

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3 d. ago Canadian history to go on the block as Hudson’s Bay unwinds its empire

Troubled retailer seeks to create 'hardship fund' for employees and auction off artifacts including Royal Charter of 1670

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3 d. ago CI Global Asset Management Announces Risk Rating Change for CI U.S. Minimum Downside Volatility Index ETF (CUDV.B)

TORONTO — CI Global Asset Management (“CI GAM”) announces that the risk rating of the Unhedged Common Units of CI U.S. Minimum Downside Volatility Index ETF (TSX: CUDV.B) is changing to “Medium” from “Low-to-Medium,” effective immediately. The risk rating change is based on the risk classification methodology mandated by the Canadian Securities Administrators to determine […]

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8 d. ago Luxury Flat, $30,000 Golf Set Sink India Stock After 3,600% Jump

Gensol Engineering Ltd.’s shares fell to their lowest in nearly three years Wednesday after India’s market regulator barred the firm’s founders from the securities market over alleged funds diversion.

Economics

2 w. ago Hedge Funds Move Into Volatile Asian Power Market With New Hires

Hedge funds have joined the hunt for power-trading talent in Asia, as they push into the region’s increasingly active and volatile electricity markets with the aim of offsetting declining profits from mainstay commodities.

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2 w. ago Codelco Boss Keeps Faith in Copper Fundamentals Amid Market Rout

Codelco, the world’s biggest copper supplier, says physical demand for the metal has remained strong amid all the upheaval in financial markets triggered by US President Donald Trump’s trade war.

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2 w. ago Brookfield Asset Management to Host First Quarter 2025 Results Conference Call

NEW YORK, April 07, 2025 (GLOBE NEWSWIRE) — Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM), a leading global alternative asset manager headquartered in New York with over $1 trillion of assets under management, will host its first quarter 2025 conference call and webcast on Tuesday, May 6, 2025, at 11:00 a.m. ET. Results will […]

Culture

3 w. ago Pimco, TCW Snap Up Bonds Ditched by Multistrategy Hedge Funds

Pacific Investment Management Co., AllianceBernstein Holding LP and TCW Group Inc. seized on a buying opportunity after recent market volatility forced multistrategy hedge funds to offload risky corporate bonds.

Economics

4 w. ago CI Global Asset Management Announces Enhancements to Private Markets Funds

Investors enjoy increased access to innovative solutions through new Canadian dollar purchase option and monthly subscription NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART INTO THE UNITED STATES, TO U.S. NEWSWIRE SERVICES, OR OTHERWISE FOR DISSEMINATION TO THE UNITED STATES OF AMERICA TORONTO — CI Global Asset Management (“CI GAM”) today announced […]

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