Investment Management

Indonesia returning yacht at center of Malaysia graft probe

Aug 5, 2018

A police official says Indonesia is returning a luxury yacht allegedly bought with funds stolen from a Malaysian state investment company

Fidelity slashes fees as funds battle for investors

Aug 1, 2018

The price war to lure investors is hitting a new frontier, and Fidelity will soon offer a pair of mutual funds that charge zero fees

Jury to be selected in retrial of ex-jail guard union boss

Aug 1, 2018

The bribery retrial of New York City's ex-jail guard union boss is set to begin Wednesday with jury selection

Australia says US, Japan partnership doesn't challenge China

Jul 31, 2018

An Australian minister says a new infrastructure partnership with the United States and Japan does not challenge growing Chinese investment in the Indo-Pacific region

Apollo to spend $5.6B on rural hospital chain LifePoint

Jul 23, 2018

Private equity firm Apollo Global Management will spend about $5.6 billion to buy the rural hospital chain LifePoint and combine it with the privately held health system operator RCCH HealthCare Partners

Sanctioned Russian oligarch linked to Cohen has vast US ties

Jul 5, 2018

In American financial circles, Viktor Vekselberg was known for decades a man who got deals done _ sometimes with Russian President Vladimir Putin's blessing

Trust the machines? Funds run by artificial intelligence

Jul 5, 2018

Sam Masucci, CEO of ETF Managers Group, discusses his firm's latest fund, which leaves research and investment decisions in the hands of a computer

Rent-A-Center going private in $800 million sale

Jun 18, 2018

Rent-A-Center selling to Vintage Capital Management for $800 million

As Fed raises rates, popular bond index funds get pinched

Jun 14, 2018

Index funds are surging in popularity due to their low costs and relatively good performance

KKR is buying Envision Healthcare in a nearly $10B deal

Jun 11, 2018

KKR is spending about $9.9 billion to buy physician services provider and surgery center operator Envision Healthcare Corp.

About PROFIT & COST

Profit and Cost is the personal business & financial assistance for individuals considering to improve their profits and lowering the cost in their everyday life.

Contact us: sales@profitandcost.com