Hints and tips:
...“Steve’s done an incredible job . . . but it’s a very competitive space,” says Macrae Sykes, a portfolio manager with Gabelli funds, which lists Amex among its 10 largest investments....
...Seth Klarman has told investors in his hedge fund that the Federal Reserve’s response to the 2008 financial crisis and the ensuing decade-plus of low interest rates had helped “erect a financial fantasyland...
...Inside ESPN, executives argue that the network is better served with the marketing might of the rest of the Disney company, which includes the ABC broadcast network....
...Among them are ETF debuts from managers including Putnam Investments, Harbor Funds, Alger and Gabelli, as well as the first active ETFs from Nuveen and BNY Mellon....
...The new entrants include Putnam, Alger and Gabelli Funds, which each made their ETF debut using a non-transparent methodology, which shields an ETF’s portfolio from the wider market, thereby allowing active...
...Fund inflow data — which measure what investors are buying — compiled by Ilan Israelstam, a Sydney ETF expert, show that in the first quarter of 2020 active ETFs took in $3bn of new investor money....
...This modest increase came after a year when BlackRock attracted investor inflows of $429bn, a record for new annual business across the fund industry....
...Christopher Donahue, the CEO of Federated Investors, was paid $5.4m last year....
...Numerous investment companies licensed the NextShares model and developed products, but some, such as Gabelli Funds and Brandes Investment Partners, have culled their funds and licensed Precidian’s ActiveShares...
...In a regulatory filing to the Swiss exchange on Tuesday, GAM said Mario Gabelli, the majority owner of Gamco, a $43bn New York-listed value focused investment manager, had built a 3 per cent stake....
...This joins another fund from Gabelli called Nextshares Petparents fund, with a ticker (again US based) of PETXC....
...BlackRock gathered $367bn in new cash in 2017, its best year on record, helped by the growing appetite of investors worldwide for low-cost tracker funds....
...Convertible debt also outperformed other asset classes during periods of rising rates, pointed out Thomas Dinsmore of Gabelli Funds....
...A group of investors including hedge fund manager Sir Christopher Hohn of the Children’s Investment Fund on Friday published a letter to Mr Culp, urging him to scale back investment in gas and coal power...
...The integration of Janus Henderson, the $370bn US-Australian fund house, is nine months ahead of schedule and the board is expected to decide the fate of the co-chief executives as early as next spring....
...Late on Wednesday evening, Christopher Hohn, the activist investor behind the TCI fund, sent a letter to the Fox board urging it to engage with Comcast when the cable group makes a formal offer....
...Whatever billionaire investor Sam Zell may say, Silverstein, the perennial optimist, is already excited about his next deal....
...He took to the airwaves in 2008 to publicise his 32-acre property in New Jersey, offering viewers of ABC’s Nightline programme a personal tour of the residential compound....
...In 2015, a district court required Mr Kokesh, who raised money from private investors to invest in start-up companies via four business development funds, to disgorge nearly $35m in illegal gains and pay...
...Lawrence Haverty, associate portfolio manager at Gabelli Funds, was struck by how many people attended the New York roadshow....
...from the hedge fund’s London office....
...at as it searches for a growth strategy that investors will find more compelling than the interest from bidders circling the 94-year-old publisher....
...The second-largest holder of voting shares in Viacom has urged Sumner Redstone’s media group to sell a stake in its Paramount movie studio to Jack Ma’s Alibaba to generate new funds and smooth the way for...
...But none of that has damped the mood among Alphabet’s investors....
...Mr Gabelli argues that this would generate new funds for Paramount and smooth the way for it to produce more films in China....
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