With Snoopy film in the works, fund managers bet on Iconix
NEW YORK (Reuters) - Fund managers are making a big bet on Snoopy, Lucy and Charlie Brown. With a big-budget Peanuts film set to appear in theaters next year, an...
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As tech millionaires multiply, wealth advisers struggle to connect
NEW YORK (Reuters) - When the nine-person startup he co-founded was bought by Facebook for a reported $15 million in January, Cemre Gungor, 27, was inundated with phone calls and...
Funds pile into rail car maker Trinity as new safety rules seen
NEW YORK (Reuters) - Rail car makers, little-known winners of the North American energy boom, are capturing the attention of fund managers and regulators alike. A string of derailments, some...
U.S. funds raise equity stakes, euro zone at 3-year high
NEW YORK (Reuters) - U.S. fund managers increased recommended equity holdings in April for the first time in three months, driven by a rise in euro zone share allocations to...
FPA’s Romick hoards cash, sees few opportunities
NEW YORK (Reuters) - There are few opportunities for contrarian investors to make money in the current financial markets, Steven Romick, portfolio manager at First Pacific Advisors, said in a...
DoubleLine’s Gundlach suggests shorting homebuilders
LOS ANGELES (Reuters) - Home ownership rates in the United States will likely fall to levels last seen in the 1980s as baby boomers retire and millennials wait longer to...
Diebold gains some fans on cost cutting plans, ATM upgrades
NEW YORK (Reuters) - The expansion of mobile banking may one day spell the end for large bank branches in the U.S., or even curtail the use of cash altogether....
Popular value fund manager Iben bets on Russia, gold
NEW YORK (Reuters) - With large bets on Russia and North American gold miners, one of the best performing stock pickers in the wake of the 2008 financial crisis is...
As the planet heats up, Calvert fund bets on water
NEW YORK (Reuters) - Water is the world's most abundant commodity. But for investors it tends to be a wash out. That disconnect struck the team behind the Calvert Global...
As email threats multiply, funds pick up Proofpoint
NEW YORK (Reuters) - The last time email could be called a sexy business, Facebook founder Mark Zuckerberg was celebrating his tenth birthday. Yet Proofpoint Inc, a $1.6 billion market...