Australian regulator moves to prescribe stricter terms for executive pay

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Australian regulator moves to prescribe stricter terms for executive pay

Australia's prudential regulator said it intends to prescribe stricter terms on executive pay policies of the country's large banks, retirement funds and insurers as it seeks to enhance accountability in the financial sector.

Your Money: Families need to brush up on student loan literacy

For Americans worried about the escalating price of a college education, here's good news: Tuition for the typical family barely budged in the past year, following years of out-of-control U.S. tuition inflation.

Investors buy fewest U.S. 30-year bonds at auction since September

Fund managers purchased the least amount of U.S. 30-year Treasury bonds at an auction in 10 months earlier this month that intensified a sell-off in the bond market, according to data released from the U.S. Treasury Department on Monday.

Two top fixed-income portfolio managers exit Eaton Vance

(This July 19 story corrects to say the fund has a negative process pillar rating, not negative overall rating, in the fifth paragraph)

Judge rules against hedge funds that challenged 2016 Jarden deal

A Delaware judge ruled against hedge funds on Friday that tried to get more cash out of Newell Brands Inc's 2016 acquisition of consumer goods company Jarden Corp, the latest setback for a once-popular investment strategy known as appraisal.

Take it easy: central bank U-turns loosen financial conditions

Rate cut bets and rallying equity and bond markets are feeding into a gradual loosening of financial market conditions that could potentially send world growth ticking higher by the end of the year, a closely watched index suggests.

BNY Mellon vows to stem billions in outflows from index products

BNY Mellon Corp's push to reinvigorate its money management business has yet to stem a continuous outflow of client cash from its $322 billion complex of index-based investment products.

Andrew Left's Citron Capital posted net return of 24.7% in 1st half of 2019

Andrew Left's Citron Capital posted a net return of 24.7% after fees and expenses in the first half of 2019, according to an investment letter posted on the fund's website Wednesday, but said "it has been an extraordinarily challenging environment to be a short seller."

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