NEW YORK Little-known Thrivent Financial, a Minneapolis-based asset manager that offers financial services to Lutherans, is hoping its recent streak of outperformance will make it stand apart at a time when steep investor outflows are prompting a wave of mergers throughout the mutual fund industry.
NEW YORK High U.S. share prices are pushing Lipper Award-winning equity fund managers into the shares of beaten-down healthcare companies, retailers and emerging-market stocks that they say offer a greater chance for outsized gains.
NEW YORK Rising short-term interest rates in the United States are prompting Lipper Award-winning bond fund managers to add emerging-market debt and non-agency backed residential mortgages that they say offer more potential for gains in the year ahead.
July 26 The following are the top stories on thebusiness pages of British newspapers. Reuters has not verifiedthese stories and does not vouch for their accuracy.
- 'Pharma bro' Martin Shkreli's securities fraud trial winds down
- U.S. Labor Dept's fiduciary rule slammed by SEC commissioner
- BRIEF-berkshire Hathaway Energy says 10 stakeholders support bid for Oncor
- BRIEF-Elliott Management says owns economic exposure of about 30.9 pct of shares in Peabody Energy Corp as of April 18 - SEC filing