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Fewer Americans seeing crucial Social Security document due to budget cuts

18 hours ago NAMEX Comments Off on Fewer Americans seeing crucial Social Security document due to budget cuts
CHICAGO (Reuters) – (The opinions expressed here are those of the author, a columnist for Reuters.) FILE PHOTO: A sign is seen on the entrance to a Social Security office in New York City, U.S., July 16, 2018. REUTERS/Brendan McDermid/File Photo It is one of the most important retirement documents you will ever receive – Read More

Onfido welcomes Kevin Goldsmith as Chief Technology Officer and Thomas Ammirati as Chief Revenue Officer

6 days ago NAMEX Comments Off on Onfido welcomes Kevin Goldsmith as Chief Technology Officer and Thomas Ammirati as Chief Revenue Officer
Former Spotify and ForgeRock execs join Onfido following its recent $50m funding round, as it continues to accelerate into new global markets 18th April 2019, LONDON and SAN FRANCISCO: Global identity verification provider Onfido today announces that Thomas Ammirati and Kevin Goldsmith have joined its growing global team. The new Chief Technology Officer and Chief Read More

Collapsed hedge fund Columna sues Permira-backed former managers

7 days ago NAMEX Comments Off on Collapsed hedge fund Columna sues Permira-backed former managers
LONDON (Reuters) – The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees. Columna, launched in 2013, was a top-performing fund in a stable known as LFP I SICAV, Read More

UBS Wealth closes U.S. equity overweight, favors emerging stocks

7 days ago NAMEX Comments Off on UBS Wealth closes U.S. equity overweight, favors emerging stocks
TARPON SPRINGS, Fla., April 15, 2019 (GLOBE NEWSWIRE) — Dr. Ruggero M. Santilli, Chief Scientist of Thunder Energies Corporation, a publicly traded company with stock symbol (OTC:TNRG), announces the initiation of construction of the hydrogen loop for the new generation of Directional Neutron Source Read More

Exclusive: Advent readies new $2.2 billion Latam private equity fund – sources

7 days ago NAMEX Comments Off on Exclusive: Advent readies new $2.2 billion Latam private equity fund – sources
SAO PAULO (Reuters) – U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. The fund launched in coming days will be Advent’s seventh for Latin America and its largest for the region. Advent’s last Read More

Norway’s wealth fund extends ownership of New York real estate

1 week ago NAMEX Comments Off on Norway’s wealth fund extends ownership of New York real estate
OSLO (Reuters) – Norway’s sovereign wealth fund will pay about $98 million dollars to extend the term of its ownership in a portfolio of New York properties and to acquire a few new, the fund said on Wednesday. “The partnership between Norges Bank Investment Management (NBIM), Trinity Church Wall Street and Hines has extended the Read More

Bridgewater warns of peak U.S. profit margins, lower stock prices

1 week ago NAMEX Comments Off on Bridgewater warns of peak U.S. profit margins, lower stock prices
(Reuters) – The major drivers of high U.S. corporate profit margins are unsustainable and “now under threat”, which will eventually result in much lower equity prices, Bridgewater Associates, the world’s largest hedge fund, said on Wednesday in a report. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New Read More

Starboard takes new position in KAR Auction Services

1 week ago NAMEX Comments Off on Starboard takes new position in KAR Auction Services
NEW YORK (Reuters) – Activist investment firm Starboard Value has taken a new position in KAR Auction Services, the firm’s founder Jeffrey Smith said at a conference on Tuesday. FILE PHOTO: Jeffrey Smith, CEO of Starboard Value LP speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in Read More

Corvex’s Meister likes Diamondback Energy after it bought Energen

1 week ago NAMEX Comments Off on Corvex’s Meister likes Diamondback Energy after it bought Energen
FILE PHOTO: Keith Meister, Managing Partner and Chief Investment Officer of Corvex Management, speaks during the Sohn Investment Conference in New York City, U.S., May 8, 2017. REUTERS/Brendan McDermid/File Photo BOSTON (Reuters) – Hedge fund manager Keith Meister on Tuesday named energy company Diamondback Energy Inc. as one of Corvex Management’s top investment ideas after Read More

Short European equities still ‘most crowded trade’: BAML survey

1 week ago NAMEX Comments Off on Short European equities still ‘most crowded trade’: BAML survey
FILE PHOTO: The company logo of the Bank of America and Merrill Lynch is displayed at its office in Hong Kong March 8, 2013. REUTERS/Bobby Yip LONDON (Reuters) – Short positioning on European equities was seen as the “most crowded trade” for the second straight month in April, a fund manager survey by Bank of Read More