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'it Wasn't The Outcome We Hoped For': Hargreaves Uk Income Fund Falls 7% In First Year
Despite its launch being labelled a challenge to the UK Equity Income sector when HL Select UK Income Shares came to market on 2 March, the £205m fund has significantly underperformed in its first year. Full investment news article
Relevent to this post: Compass Group LLC
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Interpublic, Omnicom To Make Hedge Funds Happy
Facebook and Google are disrupting the advertising business in a way most companies in the industry never thought possible. To make things worse, large consumer companies such as Procter & Gamble and Kraft Heinz have reduced their marketing spending. As a result, traditional advertising companies face slowing revenue growth and uncertain future. Just what hedge funds have been looking for to bet against their stocks. According to the Financial Times, hedge funds’ combined short position against the world’s biggest advertising … Full investment news article
Relevent to this post: Louisiana Economic Development
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