Ackman's Pershing Square gains nearly 3% in early 2020, warns of volatility
William Ackman's publicly traded hedge fund gained nearly 3% this year, though the billionaire investor warned of volatility ahead as world markets reel under the economic hit from the coronavirus epidemic.
Bridgewater hedge funds post mixed results amid market turmoil
Bridgewater Associates LP, the Ray Dalio-led hedge fund giant famous for making money during the 2008 financial crisis, has posted mixed returns amid the coronavirus-led market turmoil, according to an investor with direct knowledge of the performance.
How Lipper Award-winning fund managers are playing coronavirus scare
Uncertainty over the economic impact of the coronavirus outbreak has prompted at least some winners of the U.S. Lipper Fund Awards to look for companies that can withstand a prolonged pullback.
Sovereign wealth fund appetite for investing in start-ups wanes
Sovereign wealth fund investment in venture capital deals slipped to its lowest level in six years in 2019, with the drop-off deepening in the months after WeWork's planned share sale failed, data showed on Friday.
Investors dump equities, bonds as coronavirus spooks markets, BofA says
Investors pulled out of most asset classes, with stocks and bond funds seeing a combined $36 billion of outflows in the week to Wednesday, BofA said, amid fears of economic damage from the coronavirus epidemic.
Coronavirus forces Blackstone, Apax to delay or webcast investor meetings
Blackstone Group Inc and Apax Partners LLP are among the buyout firms that have had to delay their annual meetings with their private equity fund investors or carry them out remotely because of travel restrictions imposed amid the global outbreak of a new coronavirus.
Your Money: How retirement savers can glide through market turmoil
If you are close to retirement in the United States, chances are you do not have to worry about cashing out of the market as it gyrates wildly on coronavirus fears.
Presidential Material: Life Lessons with Bellamy Young
The United States may not have had a woman president quite yet, but on TV it certainly has. One of those was Mellie Grant, the character played by Bellamy Young on the Shonda Rhimes hit “Scandal” before it ended last year.