Short sellers retreat as luxury group rallies amid group shake-up
Get this delivered to your inbox, and more info about our products and services.
Rattled by tariffs, investment firms of the ultra-wealthy look overseas.
Contrarian stockpicking hedge fund Kernow Asset Management has built a bullish bet on what it calls a "materially undervalued"…
While AI and overseas companies still hold appeal, investment firms of the ultra wealthy are largely holding back.
The conflict in the Middle East has weighed heavily on the world's biggest luxury stocks, but Barclays sees a buying opportunity.
"We think investors were hoping for a more aggressive buyback stance," said Catherine Seifert, analyst at CFRA.
Bank of America saw $4.1 billion in inflows to single stocks from clients, the fifth largest since 2008, but hedge funds sat out.
