LVMH Goes Shopping

July 09 (Bloomberg) -- In "Company News," Bloomberg's Francine Lacqua reports on the top business stories of the day. She speaks on Bloomberg Television's "On The Move." (Source: Bloomberg)

Balancing Low Rates and a Strong U.S. Economy Outlook
10:24 - Hedge funds are facing the most challenging time Tiger Management’s Julian Robertson said he’s seen in an investing career spanning several decades, and the industry pioneer cautioned that their days of charging hefty fees may be over. Robertson, who founded Tiger in 1980 and turned it into one of the world’s largest hedge funds, said ultra-low interest rates and swollen stock-market valuations are crimping returns for the managers, whose portfolios are designed to outperform during a downturn. Coutts & Company Chief Investment Officer Alan Higgins discusses the outlook for hedge funds and low interest rates from the BOJ with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
  • Demand is Behind Oil Price Stabilization, Says Higgins
  • Nobel Laureate Shimon Peres Dies at 93
  • NexChange's Economos: U.S. Is a Buying Opportunity