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Left’s Citron hedge fund posts 43% gain in first year
By Svea Herbst-Bayliss BOSTON (Reuters) – Andrew Left, who has long targeted companies that he thinks are over-valued through his work at Citron Research, told investors on Monday that his new hedge fund returned 43% after fees in 2019, its first year in business. Left also made a prediction that home furnishing company RH, one […]
Euro gains as ECB disappoints, sterling slips on Brexit fears
NEW YORK (Reuters) – The euro jumped on Thursday after the European Central Bank disappointed some investors looking for a larger stimulus boost, while sterling fell after post-Brexit trade talks were extended to the weekend in hope of an elusive breakthrough.FILE PHOTO: British Pound Sterling and U.S. Dollar notes are seen in this June 22, […]
Investing in the art world is now just a click away
NEW YORK (Reuters) – Owning a piece of art is not just for the ultra-wealthy anymore. Masterworks, a two-year-old startup, buys artwork with profit potential then sells shares in it to its customers using its online platform. “Our fundamental belief is that this is a very interesting asset class, which historically has been traded by […]