Bowing to pressure from hedge-fund titan John Paulson, Hartford Financial Services Group Inc. said Wednesday it would exit its annuity business and weigh a sale of a large portion of its life-insurance operation.
Gates Capital Management Reduces Risk After Rare Down Year [Exclusive]
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More
