Goldman holds top rank in activism defense, Spotlight climbs: data
BOSTON (Reuters) - Goldman Sachs
ranked as the top adviser to companies targeted by activist investors during the first half of 2020 while Morgan Stanley dropped into fourth position as the coronavirus weighed on corporations, new Refinitiv data show.
Proxy advisory firm Glass Lewis shakes up senior ranks, hires from BlackRock
BOSTON (Reuters) - Influential proxy advisory firm Glass Lewis on Monday said it is replacing its head of research and head of sales with two outsiders, marking another shakeup in its top ranks one year after its chief executive officer left.
In 'laggard rotation', emerging market equity funds turn winners: BofA
LONDON (Reuters) - Global investors yanked almost $24 billion out of cash funds in the past week to redirect money into emerging markets, while slowing down on chasing the summer's winners, technology and gold, BofA's weekly fund flow statistics showed on Friday.
U.S. stock funds shed $6.2 billion outflow in last week: Lipper
(Reuters) - U.S.-based stock funds posted $6.2 billion in outflows in the week to Wednesday, according to Lipper.