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BOSTON (Reuters) – Top pension consultant NEPC said it questions the “sustainability” of Fisher Investments, in a memo sent to NEPC clients and seen by Reuters News on Tuesday. The memo, a major setback to Fisher as major clients move… Read moreTop pension consultant NEPC questions sustainability of Fisher Investments
NEW YORK (Reuters) – U.S. companies are responding to the lowest unemployment rate in almost 50 years by increasing their focus on automation in order to maintain healthy margins as labor costs tick higher, a Reuters analysis of corporate earnings… Read moreU.S. companies facing worker shortage race to automate
BOSTON (Reuters) – Top pension consultant NEPC recently issued a client recommendation to terminate Fisher Investments, the New Hampshire Retirement System said on Tuesday. The system’s independent investment committee voted Tuesday to terminate Fisher Investments, which manages about $239 million… Read moreTop pension consultant NEPC recommends terminating Fisher, pension fund says
FILE PHOTO: Kenneth Fisher, the founder, chairman, and Chief Executive Officer of Fisher Investments, speaks at the Reuters Investment Outlook Summit in New York, December 5, 2011. REUTERS/Brendan McDermid BOSTON (Reuters) – Fidelity Investments has dropped Fisher Investments as a… Read moreFidelity drops Fisher’s money management firm as withdrawals accelerate
FILE PHOTO: Kenneth Fisher, the founder, chairman, and Chief Executive Officer of Fisher Investments, speaks at the Reuters Investment Outlook Summit in New York, December 5, 2011. REUTERS/Brendan McDermid BOSTON (Reuters) – A Fidelity Investments spokesman said on Monday it… Read moreFidelity drops Ken Fisher’s investment firm over comments
Social media company Facebook, Inc. (NASDAQ: FB) is proceeding with its Libra initiative, but the initial vision of a single, synthetic digital currency could change, Reuters reported Sunday. What Happened Facebook’s Libra digital currency project could consist of multiple cryptocurrencies that are pegged… Read moreFacebook Open To Changes To Libra Vision Ahead Of June 2020 Launch
Airplane manufacturer Boeing Co (NYSE: BA) acknowledged in a statement over the weekend that it will investigate a leaked message from a test pilot who highlighted concerns related to software in its 737 MAX that was involved in two fatal crashes,… Read moreBoeing Execs Respond To Leaked Messages As Congress Watches Closely
BEIJING (Reuters) – China’s state planner in September more than doubled its approval for fixed-asset investment projects, as Beijing looks to step up support for an economy expanding at the slowest pace in nearly three decades. FILE PHOTO: People visit… Read moreChina more than doubles Sept approval for fixed-asset investment projects
BEIJING (Reuters) – Many privately held firms in Shandong, China’s third-biggest province by economic output, are struggling to repay short-term debt due to declining industry fundamentals, entangled cross guarantees and ill-managed investments, S&P Global Ratings said. FILE PHOTO: A worker… Read moreMany firms in China’s third-biggest province struggling to pay debt – S&P
SHANGHAI (Reuters) – China on Monday unexpectedly kept unchanged its new benchmark lending rate, suggesting Beijing is keen to avoid overly loosening monetary policy for fear it may push up already-high debt levels across the economy. FILE PHOTO: Headquarters of… Read moreChina unexpectedly keeps LPR lending benchmark unchanged, but outlook for rates down
FILE PHOTO: Headquarters of the People’s Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China on Monday unexpectedly kept unchanged its new benchmark lending rate, for the first… Read moreChina unexpectedly keeps LPR lending benchmark unchanged in Oct
BOSTON (Reuters) – Fallout from Kenneth Fisher’s alleged insensitive remarks about women escalated on Friday when a large Iowa pension plan cut ties with the money manager, whose firm has lost more than $1 billion in assets under management in… Read moreFallout from money manager Kenneth Fisher’s remarks tops $1 billion in lost assets
(Reuters) – A $34 billion Iowa pension plan on Friday said it will terminate an investment contract with Kenneth Fisher, whose alleged insensitive remarks about women has cost his firm more than $1 billion in assets under management. The Iowa… Read moreIowa pension ends $386 million money management contract with Kenneth Fisher
BOSTON (Reuters) – SEI Investments Co on Friday said it is reviewing its business relationship with the firm of money manager Kenneth Fisher, after he allegedly made insensitive remarks about women at a recent investment conference. SEI serves as a… Read moreSEI Investments reviewing relationship with money manager Kenneth Fisher
NEW YORK (Reuters) – AT&T (T.N) and Elliott Management are talking about issues the activist hedge fund raised last month when it pushed for change at the U.S. telecommunications and media conglomerate, two people familiar with the matter said on… Read moreAT&T, Elliott in talks after activist campaign launched: sources
