cat-imageFinance

Marcato likely to pull off win in proxy war with Deckers

Deckers Outdoor Corp shareholders looked set to hand three board seats to Marcato Capital Management at the UGG boots maker's annual meeting on Thursday, cappi

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Grad students plead for mercy from U.S. tax overhaul

Graduate student Mollie Marr is worried that the U.S. tax overhaul working its way through Congress will force her and many other fellow students to give up on

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Marcato says Deckers' rejected offer to settle proxy contest

After months of turning up the heat on Deckers Outdoor Corp, hedge fund Marcato Capital Management recently proposed a settlement that the UGG boot maker rejec

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Angelo, Gordon promotes top executives amid succession planning

Investment firm Angelo, Gordon is promoting two senior executives to co-chief investment officers to work alongside the firm's co-founder, Michael Gordon, as t

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Fidelity keeps $2 billion mandate in New York after star manager's dep

A large New York state retirement plan said on Monday it would keep a popular Fidelity tech fund, whose portfolio manager recently left the company after being

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U.S. fund firms make new push for bitcoin ETFs as futures debut

Fund managers are racing to launch exchange-traded funds (ETFs) based on bitcoin after futures contracts based on the high-flying digital currency began tradin

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Vanguard looks to blockchain for index data

Vanguard Group Inc is moving to use blockchain to simplify how it updates index data underlying mutual funds, executives said on Monday, an important sign of c

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Public pension funded ratio up in third quarter 2017: report

The funded status of 100 of the largest U.S. public pension plans grew by $36 billion in third quarter of 2017, boosted by strong equity returns, according to

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Desjardins, credit union centrals, Cumis to form Aviso Wealth

Canadian asset manager Desjardins Group is partnering with five credit union centrals and insurer Cumis Group to form a wealth management firm with about C$55

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AIG launches new cyber threat analysis to gauge companies' risks

American International Group Inc has ramped up its analysis for insuring against cyber attacks, using a system that scores a company's risk of having a breach

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The write stuff: Life lessons from author James Patterson

(The writer is a Reuters contributor. The opinions expressed are his own.)

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Apple aims to block climate, rights proposals with quick use of SEC gu

Apple Inc is pushing back on shareholder proposals on climate issue and human rights concerns, an effort activists worry could sharply restrict investor rights

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