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Funds

Investment funds buy $23.931 billion 2-year note in September – U.S. Treasury

October 7, 2022
Investment funds buy $23. 931 billion 2-year note in september - u. S. Treasury - photo licensed by shore news network.

REUTERS – Large investment managers bought $23.931 billion at a 2-year note auction held in September, compared with the $24.193 billion they purchased the previous …

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U.S. equity funds see vast outflows on rate hike worries

October 7, 2022October 7, 2022
U. S. Equity funds see vast outflows on rate hike worries - photo licensed by shore news network.

(Reuters) – U.S. equity funds recorded a surge in outflows in the week to Oct. 5, as reports showing firm labour market demand and persistent …

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Global outflows continue from bond and equity funds for a seventh week

October 7, 2022
Global outflows continue from bond and equity funds for a seventh week - photo licensed by shore news network.

(Reuters) – Global bond and equity funds witnessed money withdrawals for a seventh straight week in the week ended Oct. 5 as the prospects of …

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Federal Grand Jury Indicts Five Springfield Illinois Residents for Wire Fraud Related to COVID Relief Funds

October 6, 2022
Federal grand jury indicts five springfield illinois residents for wire fraud related to covid relief funds - photo licensed by shore news network.

SPRINGFIELD, Ill. – A grand jury returned indictments on October 4, 2022, against five Springfield, Illinois, residents, charging them with fraud related to the Paycheck …

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Louisiana to remove $794 million from BlackRock funds over ESG drive

October 5, 2022October 5, 2022
Louisiana to remove $794 million from blackrock funds over esg drive - photo licensed by shore news network.

(Reuters) – Louisiana will pull $794 million out of BlackRock Inc’s funds, state Treasurer John Schroder said on Wednesday, citing the asset management giant’s push …

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Global bond funds see biggest outflows in two decades

October 5, 2022October 5, 2022
Global bond funds see biggest outflows in two decades - photo licensed by shore news network.

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Global bond funds saw the biggest outflows in two decades in the first three quarters of this …

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UK investors pull record $2.7 billion from equity funds in September

October 5, 2022
Uk investors pull record $2. 7 billion from equity funds in september - photo licensed by shore news network.

By Elizabeth Howcroft LONDON (Reuters) – UK-based investors pulled a record 2.4 billion pounds ($2.74 billion) from equity funds in September, funds network Calastone said …

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Some UK property funds defer investor withdrawals

October 4, 2022
Some uk property funds defer investor withdrawals - photo licensed by shore news network.

By Carolyn Cohn and Elizabeth Howcroft LONDON (Reuters) – Some of Britain’s top open-ended property funds are rolling out new measures to manage investor exit …

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‘Always check the label’: ESG funds not as green as they seem – study

October 3, 2022October 3, 2022
'always check the label': esg funds not as green as they seem - study - photo licensed by shore news network.

By Juliette Portala (Reuters) – One in seven funds branded as sustainable has a carbon emissions intensity higher than the average across all investment funds, …

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Hungary passes anti-graft law to avoid loss of EU funds

October 3, 2022October 3, 2022
Hungary passes anti-graft law to avoid loss of eu funds - photo licensed by shore news network.

By Krisztina Than and Gabriela Baczynska BUDAPEST/BRUSSELS (Reuters) -Hungary’s parliament passed the first of a series of anti-corruption bills on Monday as Budapest seeks to …

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U.S. bond funds post biggest weekly outflow in three months

September 30, 2022September 30, 2022
U. S. Bond funds post biggest weekly outflow in three months - photo licensed by shore news network.

(Reuters) – U.S. bond funds witnessed massive outflows in the week to Sept. 28 as investors girded for further rates hikes from the Federal Reserve …

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Saudi wealth fund’s Savvy Games Group to invest $37.8 billion

September 29, 2022September 29, 2022

(Reuters) -Saudi Arabia’s Savvy Games Group, owned by sovereign wealth fund PIF, will invest 142 billion riyals ($37.8 billion) in initiatives aimed at making the …

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Biden OKs disaster funds for Florida amid Hurricane Ian

September 29, 2022
Biden oks disaster funds for florida amid hurricane ian - photo licensed by shore news network.

WASHINGTON (Reuters) – U.S. President Joe Biden approved federal disaster funds for nine Florida counties in the wake of Hurricane Ian, the White House said …

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Former IRS Employee Pleads Guilty to Fraudulently Obtaining $62,300 In CARES Act Funds

September 28, 2022
Former irs employee pleads guilty to fraudulently obtaining $62,300 in cares act funds - photo licensed by shore news network.

            CONCORD – Charles Clark, 64, of Merrimack, New Hampshire, pleaded guilty in federal court to making false statements, United …

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Hedge funds mounted bearish UK bets as Truss became PM

September 26, 2022
Hedge funds mounted bearish uk bets as truss became pm - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – In the first half of September bets against sterling posted the biggest two-week rise since 2013, a sign that …

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Column – Funds’ pivot hopes get smoked as Fed doubles down: McGeever

September 25, 2022
Column - funds' pivot hopes get smoked as fed doubles down: mcgeever - photo licensed by shore news network.

By Jamie McGeever ORLANDO, Fla. (Reuters) – Hedge funds went into the Fed’s Sept. 20-21 policy meeting betting on a sign that a dovish pivot …

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Hungary submits new anti-graft bills to avoid loss of EU funds

September 23, 2022September 23, 2022
Hungary submits new anti-graft bills to avoid loss of eu funds - photo licensed by shore news network.

By Krisztina Than BUDAPEST (Reuters) – Hungary’s government submitted a second batch of anti-corruption bills to the country’s parliament on Friday as Budapest ramps up …

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U.S. bond funds see biggest weekly outflow in four weeks

September 23, 2022
U. S. Bond funds see biggest weekly outflow in four weeks - photo licensed by shore news network.

(Reuters) – U.S. bond funds witnessed huge outflows in the week to Sept. 21 as caution over the pace and length of U.S. interest rate …

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Investors dump global bond and equity funds in the week ended Sep.21

September 23, 2022September 23, 2022
Investors dump global bond and equity funds in the week ended sep. 21 - photo licensed by shore news network.

(Reuters) – Investors withdrew money from global bond and equity funds in the week ended September 21, with caution creeping in ahead of the U.S. …

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Funds flock to Southeast Asian startups as China loses sheen

September 23, 2022September 23, 2022
Funds flock to southeast asian startups as china loses sheen - photo licensed by shore news network.

By Anshuman Daga and Yantoultra Ngui SINGAPORE (Reuters) – Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that …

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German minister call for more funds for companies as debt debate intensifies

September 22, 2022
German minister call for more funds for companies as debt debate intensifies - photo licensed by shore news network.

By Riham Alkousaa and Klaus Lauer BERLIN (Reuters) – The German economy minister on Thursday called for more government funds to support companies as a …

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U.S. growth funds squeezed by rate hike worries

September 22, 2022
U. S. Growth funds squeezed by rate hike worries - photo licensed by shore news network.

By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – U.S. growth funds are experiencing massive outflows this year due to rising interest rates, with the Federal …

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Arcadia Man Charged with Securities Fraud for Stealing Client Funds and Concealing His Investment Firm’s Massive Financial Losses

September 21, 2022
Arcadia man charged with securities fraud for stealing client funds and concealing his investment firm’s massive financial losses - photo licensed by shore news network.

          LOS ANGELES – A former San Gabriel Valley resident who ran Los Angeles County-based investment companies and was a frequent guest on financial television …

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Moses Lake Resident Pleads Guilty to Fraudulently Obtaining $50,000 in COVID-19 Relief Funds

September 21, 2022
Moses lake resident pleads guilty to fraudulently obtaining $50,000 in covid-19 relief funds - photo licensed by shore news network.

Spokane, Washington – Vanessa R. Waldref, the United States Attorney for the Eastern District of Washington, announced today that Dondre Charles Jackson, age 29, of …

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Slidell Woman Pleads Guilty to Theft of Government Funds

September 20, 2022
Slidell woman pleads guilty to theft of government funds - photo licensed by shore news network.

NEW ORLEANS – United States Attorney Duane A. Evans announced that LINDA REED HILL (“HILL”), age 75, of Slidell, Louisiana, pled guilty today to Theft …

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New Orleans Woman Sentenced for Theft of More Than $61,000 In Social Security Funds

September 20, 2022
New orleans woman sentenced for theft of more than $61,000 in social security funds - photo licensed by shore news network.

NEW ORLEANS, LA – U.S. Attorney Duane A. Evans announced that CATHERINE CAMPBELL WILLIAMS, age 69, of New Orleans, Louisiana, was sentenced after previously pleading …

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Bryan man sent to prison for receiving PPP funds while under indictment

September 19, 2022
Bryan man sent to prison for receiving ppp funds while under indictment - photo licensed by shore news network.

HOUSTON – A 46-year-old Texan has been ordered to prison following his conviction of wire fraud, announced U.S. Attorney Jennifer B. Lowery. Keith Anton Johnson …

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Hungary government submits first anti-graft bill to avoid losing EU funds

September 19, 2022
Hungary government submits first anti-graft bill to avoid losing eu funds - photo licensed by shore news network.

By Krisztina Than BUDAPEST (Reuters) -Hungary’s government has submitted the first of several anti-corruption bills to parliament on Monday as Budapest scrambles to avoid losing …

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U.S. equity funds suffer outflows for a fourth week

September 16, 2022
U. S. Equity funds suffer outflows for a fourth week - photo licensed by shore news network.

(Reuters) – U.S. equity funds recorded net outflows for a fourth straight week in the week to Sept. 14 as a higher-than-expected reading of U.S. …

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UN draws deep from emergency funds amid record humanitarian aid gap

September 16, 2022
Un draws deep from emergency funds amid record humanitarian aid gap - photo licensed by shore news network.

By Emma Farge GENEVA (Reuters) – Faced with a record $32 billion shortfall in humanitarian aid funding, the United Nations is dipping deep into its …

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Global equity funds see fourth weekly outflow on rate hike expectations

September 16, 2022September 16, 2022
Global equity funds see fourth weekly outflow on rate hike expectations - photo licensed by shore news network.

(Reuters) – Global equity funds continued to record outflows in the seven days to Sept. 14 as a higher than expected reading on U.S. inflation …

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Greater China-focused hedge funds showing biggest net outflows in 15 years

September 16, 2022

By Summer Zhen HONG KONG (Reuters) – Hedge funds that invest in Greater China are showing their biggest net fund outflows in at least 15 …

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Taliban condemn U.S. move to form Swiss-based trust for Afghan central bank funds

September 15, 2022
Taliban condemn u. S. Move to form swiss-based trust for afghan central bank funds - photo licensed by shore news network.

KABUL (Reuters) – The Taliban’s foreign affairs ministry on Thursday condemned the United States’ decision to transfer Afghan central bank reserves into a Swiss-based trust, …

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Hedge funds investing in Eastern Europe face worst results in eight years

September 15, 2022September 15, 2022
Hedge funds investing in eastern europe face worst results in eight years - photo licensed by shore news network.

By Nell Mackenzie (Reuters) – Hedge funds trading Eastern European stocks and bonds are seeing their worst performance in eight years, weakened by the surge …

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U.S. tech-focused hedge funds brace for heavy losses amid market slide

September 15, 2022September 15, 2022
U. S. Tech-focused hedge funds brace for heavy losses amid market slide - photo licensed by shore news network.

By Svea Herbst-Bayliss and Carolina Mandl NEW YORK (Reuters) – U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this …

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Shore Area Gun Club Leader Arrested for Stealing Funds

September 14, 2022
Shore area gun club leader arrested for stealing funds - photo licensed by shore news network.

TOMS RIVER, NJ – The Treasure of a Jersey Shore area Gun Club has been charged and arrested with theft after being accused of taking …

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San Jose Group Homes Owner Pleads Guilty To Fraud By Diverting Foster Care Funds To Personal Use

September 13, 2022
San jose group homes owner pleads guilty to fraud by diverting foster care funds to personal use - photo licensed by shore news network.

SAN JOSE – Annie Corbett, the CEO of her group homes company that provided foster care, pleaded guilty today in federal court to wire fraud …

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Former Oregon Dentist Pleads Guilty to Stealing Nearly $11.5 Million in Covid-Relief Program Funds

September 13, 2022
Former oregon dentist pleads guilty to stealing nearly $11. 5 million in covid-relief program funds - photo licensed by shore news network.

PORTLAND, Ore.—A former Oregon dentist pleaded guilty today in federal court for fraudulently converting to his personal use nearly $11.5 million in loans intended to …

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EU cautious on Hungary’s ‘charm offensive’ as billions of funds hang in balance -sources

September 12, 2022
Eu cautious on hungary's 'charm offensive' as billions of funds hang in balance -sources - photo licensed by shore news network.

By Gabriela Baczynska BRUSSELS (Reuters) – The European Commission wants to see more action from Hungary on stepping up anti-corruption safeguards before Brussels agrees to …

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European equity funds see biggest outflows since Brexit referendum

September 8, 2022
European equity funds see biggest outflows since brexit referendum - photo licensed by shore news network.

By Patturaja Murugaboopathy (Reuters) – Investors are dumping European stocks this year, seeking to minimise exposure to a region buffeted not merely by soaring inflation …

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From China To Europe, Woke Funds Investing In Fossil Fuels And Slave Labor

September 10, 2022September 8, 2022

From China To Europe, Woke Funds Investing In Fossil Fuels And Slave Labor Micaela Burrow on September 7, 2022 Investment groups in China and Europe …

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Hedge funds root for Vietnam, China R&D among Asia picks at Sohn conference

September 8, 2022

By Summer Zhen HONG KONG (Reuters) – Hedge fund managers in Asia are bullish on Vietnam’s growth prospects and selectively looking to invest in emerging …

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Tech stocks lured hedge funds in August -report

September 6, 2022
Tech stocks lured hedge funds in august -report - photo licensed by shore news network.

NEW YORK (Reuters) – Hedge funds got back in to stocks in the technology, media and telecom (TMT) sector in August, in the most active …

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Event Helps Raise Funds for Police K9 Corps

September 5, 2022September 5, 2022
Event helps raise funds for police k9 corps - photo licensed by shore news network.

ROCKLAND COUNTY, NY – Rockland County officials attended the event to help police and other law enforcement agencies funfair K9 Patrol services. The event was …

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Biden Appoints Dem Operative John Podesta To Hand Out $370 Billion In Climate Funds

September 2, 2022
Biden appoints dem operative john podesta to hand out $370 billion in climate funds - photo licensed by shore news network.

Biden Appoints Dem Operative John Podesta To Hand Out $370 Billion In Climate Funds Trevor Schakohl on September 2, 2022 President Joe Biden has appointed …

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Analysis-Faltering U.S. stocks rally could see volatility-control funds turn sellers

September 2, 2022
Analysis-faltering u. S. Stocks rally could see volatility-control funds turn sellers - photo licensed by shore news network.

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market, which …

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Stock picking hedge funds poised for worst performance in 10 years

August 31, 2022
Stock picking hedge funds poised for worst performance in 10 years - photo licensed by shore news network.

By Nell Mackenzie (Reuters) – Hedge funds that actively buy and sell stocks are set for their worst performance in 10 years, based on new …

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‘Modern-day Bonnie and Clyde’ admit to fraud charges related to pilfered mail, stolen funds

August 30, 2022
‘modern-day bonnie and clyde’ admit to fraud charges related to pilfered mail, stolen funds - photo licensed by shore news network.

STATESBORO, GA:  A South Carolina man who referred to himself and his girlfriend as the “modern-day Bonnie and Clyde” has admitted using information gleaned from …

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U.S. Treasury awards $408 million in COVID broadband funds to five states

August 30, 2022
U. S. Treasury awards $408 million in covid broadband funds to five states - photo licensed by shore news network.

WASHINGTON (Reuters) – The U.S. Treasury on Tuesday announced $408 million in project awards for five states under a COVID-19 capital projects fund for broadband …

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New Jersey Assemblyman Greg McGuckin Sued by GOP for Allegedly Stealing Party Funds

August 29, 2022
New jersey assemblyman greg mcguckin sued by gop for allegedly stealing party funds - photo licensed by shore news network.

TOMS RIVER, NJ – In the hours before Ocean County Sherif Mastronardy’s embarrassing loss to former Ocean County GOP Chairman George Gilmore in the 2022 …

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