Activist investor Elliott Management Corp. has taken a big stake in Pinterest Inc., according to people familiar with the matter, as the once-hot social-media company grapples with a decline in users Read more
Tag: asset management
U.S. stocks head for longest losing streak in a month as rate-hike fears, weak bank earnings bite
U.S. stocks fell sharply Thursday as investors braced for the possibility of a full percentage point increase in the Federal Reserve’s benchmark interest rate later this month, while weak megabank Read more
Opinion: Money-management firms face loss of revenue as clients apply pressure over climate change
U.S. asset managers are caught between a rock and a hard place. Those doing business around the world are caught between clients who are clamoring for them to incorporate climate-related Read more
World’s largest asset manager sees `no Goldilocks scenario ahead’ as central banks grapple with inflation and growth
The research arm of BlackRock Inc., the world’s largest asset manager, is dashing any hope for a perfect economic outcome in the U.S. as more than two decades of relative Read more
Why sterling’s bounce was so tepid — Boris Johnson’s replacement faces an economy at risk of recession
The political uncertainty is, if not over, at least reduced: U.K. Prime Minister Boris Johnson announced he is resigning. The pound GBPUSD, +0.44% did rise, moving to as high as Read more
Dollar soars as recession fears finally hit the round-the-clock currency market
U.S. and global recession fears have finally hit the round-the-clock currency market after more than a month of evaluation by traders — sending the dollar to its highest levels of Read more
Why this Morgan Stanley portfolio manager is ‘gradually’ getting less defensive in stocks as recession fears rise
It may be time to get a little less defensive and shift toward buying some crushed stocks as recession fears intensify, according to Andrew Slimmon, an equity portfolio manager at Read more
ETFs inflows take steep drop in first half of 2022, high-yield bonds see ‘massive’ outflows amid recession fears
Hi! In this week’s ETF Wrap, you’ll get a look at where the money has flowed in the first half of 2022 and which areas are being fled by investors. Read more
Wall Street’s favorite stock sector has potential upside of 43% as we enter the second half of 2022
At the midpoint of 2022, investors are looking at a remarkable change in stock valuations. The S&P 500 SPX has declined 20%, but the benchmark index’s forward price-to-earnings valuation has Read more
This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.
Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. Altfest founded Altfest Personal Wealth Read more