TORONTO Canada's eight biggest pension funds on Wednesday threw their weight behind global efforts to improve corporate sustainability reporting, urging companies and their investment partners to report environmental, social and governance (ESG) data in a standardized way.
A rally in Canadian cannabis stocks since Joe Biden was declared U.S. president-elect has done little to change hedge funds' bearish view on the industry as money managers say the election outcome may not solve the troubles of weed producers north of the U.S. border.
BOSTON Some U.S. stock investors had feared election week turmoil, but voters' decisions at the ballot box helped many stock picking hedge funds extend a year of gains and even set a daily record, according to managers and people familiar with their returns.
TORONTO Hedge funds upped bets against Canadian energy companies in the run-up to Tuesday's U.S. presidential election, regulatory filings reviewed by Reuters showed.
NEW YORK Four years after Donald Trump's surprise presidential victory roiled markets, investors are prepared for short-term trading turmoil and major long-term policy shifts, on the eve of Tuesday's U.S. election.
NEW YORK/LONDON A fund trading strategy that tracks hundreds of billions of dollars in assets and often gets blamed for exacerbating market selloffs is facing a challenge from the policy response to the pandemic. But fund managers said they are adapting, and new money is flowing in.
LONDON Five years after London-based hedge fund Toscafund ditched the shares it held in insurance companies, the $3.5 billion firm and its peers are flocking back, drawn by sharp premium increases which are lifting the sector's post-coronavirus prospects.