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Italy sets up bank rescue fund
2016-04-12 00:31:45| BBC News | Business | UK Edition
Italy's financial industry has agreed a government-backed plan to set up a rescue fund to help weaker banks.
Bill Nygren's Oakmark Fund: First Quarter 2016 Commentary
2016-04-11 21:42:51| Appliances - Topix.net
The Oakmark Fund declined 1% in the first quarter of 2016, and it lagged behind the 1% gain for the S&P 500. While the broader market increased only modestly from the first day of the quarter to the last, a closer look shows heightened intra-quarter volatility, with a 10% decline during the first half of the quarter followed by a swift recovery during the second half.
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fund
quarter
commentary
New York State Common Retirement Fund Has $6,671,000 Position in Spirit Airlines Incorporated
2016-04-10 10:04:25| Airlines - Topix.net
New York State Common Retirement Fund continued to hold its position in Spirit Airlines Incorporated during the fourth quarter, Holdings Channel reports. The firm owned 167,400 shares of the company's stock at the end of the fourth quarter.
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york
position
common
Norway Frees Wealth Fund to Add $17 Billion in Real Estate
2016-04-05 16:20:00| National Real Estate Investor
Saleha Mohsin and Mikael Holter Norway proposed letting its sovereign wealth fund raise real estate holdings by about $17 billion, while rejecting a call to expand into infrastructure projects. read more
Top Ten: How a major mutual fund blew it and other money stories to read this weekend
2016-04-02 18:59:08| Biotech - Topix.net
Howard Schiller, the interim CEO of Valeant Pharmaceuticals International Inc. in January and February, appeared before the House Committee on Oversight and Government Reform on Feb. 4. long a darling among mutual funds, took a terrible hit from its heavy concentration in one stock, Valeant Pharmaceuticals International Inc. Here's how the fund and Valeant's stock have performed over the past year against the benchmark the S&P 500 Jaffe took a hard look at the dysfunctional management culture at Sequoia that led to such a risky bet and the fund's subsequent fall from grace.
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