Australian regulator temporarily halts orders on two Perpetual funds
(Reuters) – Australian securities regulator on Friday directed a unit of asset manager Perpetual Ltd to stop offering or distributing two funds to retail investors …
Funds
Investors flock to short crypto funds, products as negative sentiment deepens -CoinShares
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Institutional investors rushed to crypto products that bet on price declines, posting record inflows, as the collapse of …
Fed’s Daly: Currently expect fed funds rate to top out around 5%
NEW YORK (Reuters) – Federal Reserve Bank of San Francisco leader Mary Daly said on Monday she is still expecting the U.S. central bank to …
Column-Hedge funds to Fed: you win: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds have significantly increased their record bet on higher short-dated U.S. bond yields, confirming that whatever fight …
Monmouth County union manager avoids going to prison for embezzling funds
An administrative manager of a carpenters’ union pension fund was sentenced today to six months of home confinement and three years of probation for embezzling …
Former GOP Senate Aide Charged With Funneling Russian Funds To Trump Campaign
Former GOP Senate Aide Charged With Funneling Russian Funds To Trump Campaign Bronson Winslow on November 18, 2022 A former GOP Senate aide was convicted …
Silver Spring Dentist Sentenced to More Than Two Years in Federal Prison for Scheme to Fraudulently Obtain Medicaid Funds by Recruiting Medicaid Beneficiaries Through the Payment of Kickbacks and Bribes
Greenbelt, Maryland – U.S. District Judge Theodore D. Chuang today sentenced Edward T. Buford III, age 70, of Silver Spring, Maryland, to 30 months in …
China broadens private pension scheme with new participants, products
SHANGHAI (Reuters) -China broadened its private pension scheme on Friday, allowing qualified banks and wealth companies to start individual pension businesses, and published a list …
Michigan Man Sentenced for Scheme to Obtain COVID Relief Funds in a Dozen Different States
BOSTON – A Michigan man was sentenced today in federal court in Boston for his involvement in a fraudulent scheme to obtain COVID-19-related unemployment assistance …
Hungary govt sees ‘good chance’ for deal on EU funds within weeks
BUDAPEST (Reuters) -Hungary’s government is doing its best to meet its commitments to Brussels and there is a “good chance” of sealing a deal on …
Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) – Some of Asia’s largest hedge funds scooped up large stakes in Chinese e-commerce giant Pinduoduo in the third …
Accountant Charged with Misappropriating Funds from New Orleans Band
NEW ORLEANS – U.S. Attorney Duane A. Evans announced the filing, on November 10, 2022, of a one-count bill of information charging ALICE C. “SHANNON” …
White House to ask for $10 billion in public health funds by year end -report
(Reuters) – Officials from U.S. President Joe Biden’s administration are finalizing a request this week for about $10 billion in public health funds by the …
China allows property developers to access some pre-sale funds
BEIJING (Reuters) – China’s financial regulator will allow property developers to access some pre-sale housing funds, it said in a notice published on Monday, the …
Alameda, FTX executives knew crypto exchange was using customer funds – WSJ
(Reuters) – FTX-affiliated crypto trading firm Alameda Research’s Chief Executive Officer Caroline Ellison and senior FTX officials knew that the crypto exchange had lent Alameda …
Money leaves US equity funds for first time in four weeks
(Reuters) – U.S. equity funds saw money outflows for the first time in four weeks in the week to Nov. 9 as investors braced for …
EU says Hungary made ‘significant step’ to get recovery funds – source
By Gabriela Baczynska BRUSSELS (Reuters) – Hungary made a “significant step” towards securing billions in economic stimulus funds by accepting European Union demands on the …
Global equity funds register outflows after two weeks of net buying
(Reuters) – Global equity funds registered net outflows for the first time in three weeks in the week to Nov. 9, undermined by caution ahead …
Crypto broker Genesis discloses locked funds on FTX
(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX, the company said Thursday in …
CNBC Anchor Reveals Poll Showing Some Want To Use Student Loan Forgiveness Funds On ‘Travel And Dining Out’
CNBC Anchor Reveals Poll Showing Some Want To Use Student Loan Forgiveness Funds On ‘Travel And Dining Out’ Harold Hutchison on November 9, 2022 A …
23-Year-Old Funds Lavish Lifestyle Through Fraud
When 23-year-old J. Nicholas Bryant realized couldn’t afford the lavish lifestyle he wanted – complete with luxury limo rides, fully-stocked charter flights, and a private …
Florida Man Sentenced to 45 Months in Prison for Laundering Funds Related to $50 Million Wire and Securities Fraud Scheme
NEWARK, N.J. – A Florida man was sentenced to 45 months in prison for laundering funds obtained from a $50 million internet-enabled fraud scheme, U.S. …
Charity Operator Charged with Diverting Millions of Dollars of Charitable Funds and Evading Federal Income Tax
MIAMI – Douglas Sailors, 71, formerly of Parkland, Fla., and now living in Owensboro, Ky., was charged with conspiracy to commit mail and wire fraud …
Hungary picks PwC partner to lead new anti-graft body overseeing EU funds
BUDAPEST (Reuters) – Hungary’s State Audit Office has picked PricewaterhouseCoopers forensic partner Ferenc Biro to lead a new anti-graft body to be launched by mid-November …
U.S. SEC to vote on proposing new liquidity, pricing rules for mutual funds
(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for …
U.S. SEC to vote on proposing new liquidity, pricing rules for mutual funds
(Reuters) – The U.S. Securities and Exchange Commission on Wednesday will vote on proposing new rules aimed at better preparing the mutual fund industry for …
Domestic share buyers step in as foreign funds flee China
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – As foreign funds head for the exit, Chinese stock investors are snapping up beaten-down shares …
Former West Haven Employee and State Representative Admits Stealing COVID Relief and Other City Funds
Vanessa Roberts Avery, United States Attorney for the District of Connecticut, David Sundberg, Special Agent in Charge of the New Haven Division of the Federal …
US equity funds received biggest inflow in 18 weeks – Lipper
(Reuters) – U.S. equity funds received their biggest inflow in 18 weeks in the week ended Oct. 26, buoyed by hopes that the Federal Reserve …
Global equity funds receive inflows for first time in 10 weeks
(Reuters) – Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve would slow its pace of …
Lancaster County Woman Sentenced For Theft Of Government Funds
HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Sally Schrom, age 67, of Mountville, Pennsylvania, was sentenced today …
U.S. chip industry body urges R&D infrastructure upgrade with Chips Act funds
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) – Funds from the recently passed $52 billion Chips and Science Act should be used to upgrade existing …
Column-Japan faces battle royale with funds on yen: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – Japan’s historic FX market intervention on Sept. 22 failed to stem the wave of speculative bets against the …
SPB Hospitality Partners with Autism Speaks to Raise Funds During World Autism Month
All SPB Hospitality brands to host fundraisers throughout April that will go towards creating a more inclusive world for the autism community Nashville, TN (RestaurantNews.com) …
Farmer Boys Launches Limited-Time Float To Raise Funds for Phoenix Children’s Foundation
Farmer boys has introduced a new limited-time float at its gilbert location with the objective of raising funds in support of phoenix children’s hospital. The …
U.S. providing $50 million in immediate Florida highway repair funds
WASHINGTON (Reuters) – The U.S. Transportation Department said Friday it will provide $50 million in emergency relief funds for use by Florida to offset costs …
Hedge funds suffer further outflows in Q3, stockpickers lead way
By Nell Mackenzie (Reuters) – Investors pulled an estimated $26 billion from hedge funds during the third quarter, according to data provider HFR, jarred by …
U.S. equity funds lure inflows on earnings optimism
(Reuters) – U.S. equity funds saw money inflows for the first time in four weeks in the week to Oct. 19, as strong third-quarter earnings …
Singapore’s asset management sector surges to record as funds expand
By Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s asset management industry grew to a record size last year, outpacing global growth in the sector as the …
Hedge funds see $26 billion in net outflows in Q3 – HFR
NEW YORK (Reuters) – Global investors redeemed $26 billion from hedge funds in the third quarter, in the second consecutive quarter of net asset outflows, …
Slidell Woman Pleads Guilty to Misappropriating Military Veteran’s Funds
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that SLOANE SIGNAL-DEBOSE, age 51, a resident of Slidell, pled guilty to misappropriating funds from …
Siskiyou County Man Sentenced to 1 Year in Prison for Major Fraud Against the United States for Taking FEMA Grant Funds
SACRAMENTO, Calif. — Samuel Thomas Lanier, 40, of Dunsmuir, was sentenced today to 12 months and one day in prison for seven counts of major fraud …
Market turmoil a boon for trend-following hedge funds
By Nell Mackenzie (Reuters) – Trend-following hedge funds are capitalising on market disruption and geopolitical unrest, with funds such as Graham Capital Management, Aspect Capital, …
Column-Hedge funds still betting on that elusive Fed pivot: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – They’ll be proved right one day, just not yet. Hedge funds continue to bet that the U.S. Federal …
House Democrats Struggle To Raise Funds As Republicans Continually Break Records
House Democrats Struggle To Raise Funds As Republicans Continually Break Records Bronson Winslow on October 14, 2022 Democratic House candidates are struggling to find …
Gresham Man Pleads Guilty to Stealing Covid Relief Funds
PORTLAND, Ore.—A Gresham, Oregon man pleaded guilty today for stealing more than $77,000 in funds intended to help small businesses during the COVID-19 pandemic. Justin …
U.S. equity funds face outflows for third successive week
(Reuters) – U.S. equity funds suffered their third consecutive weekly outflow in the week ended October 12, as stocks were hit by concerns over a …
Global equity, bond funds see outflows for eighth successive week
(Reuters) – Global equity and bond funds faced outflows for the eighth time in a row in the week ended Oct. 12, Refinitiv Lipper data …
Arkansas Mother and Daughter Sentenced to Seven Years Combined in Federal Prison for Bank Fraud, Identity Theft and Theft of Government Funds
FORT SMITH – A Fort Smith mother and daughter were sentenced today to a combined sentencing of seven years in federal prison and ordered to …
U.S. Treasury probing misuse of federal funds for DeSantis’s migrant flights
By Moira Warburton WASHINGTON (Reuters) – The U.S. Treasury is investigating whether Florida Governor Ron DeSantis improperly used federal funds to pay for flights transporting …