Nude beachgoers in New Jersey raise funds for body positivity causes
SANDY HOOK, NJ – Under clear skies and summer heat, visitors to Gunnison Beach shed more than just their clothes on July 12, joining International Skinny Dip Day to raise money for…
U.S. equity funds draw inflows for second week amid inflation relief
(Reuters) – U.S. equity funds witnessed net purchases for a second straight week during the seven days to July 5, as signs of cooling inflation soothed investor worries about more interest rate…
Global investors extend buying streak into equity funds on signs of easing inflation
(Reuters) – Global investors extended their streak as net buyers of equity funds into a second week, drawing support from indications of cooling inflation that may moderate central banks’ inclination to raise…
Hopes of political change, surging inflation lure hedge funds to Argentinian stocks
By Amruta Khandekar and Siddarth S (Reuters) – Foreign hedge funds have been lapping up Argentinian equities at cheap valuations in anticipation of a change in political regime and given sky-high inflation,…
ESG equity funds suffer big outflows, buffeted by market jitters and U.S. backlash
By Tommy Wilkes and Patturaja Murugaboopathy LONDON (Reuters) – Equity funds with an environmental, social and governance (ESG) tilt suffered a large loss of investors in the three months to end-June, dragging…
UK regulator orders investment funds to manage liquidity better
By Huw Jones LONDON (Reuters) – Some asset managers face sanctions for failing to manage liquidity properly, posing risks to market stability and investors’ ability to withdraw money, Britain’s Financial Conduct Authority…
In Kremlin stunt, Putin and girl, 8, lobby minister for budget funds
(Reuters) – Russian President Vladimir Putin hosted an eight-year-old girl in the Kremlin on Tuesday and got her to join him in a bizarre phone call to his finance minister to ask…
Cautious optimism drives inflows to U.S. equity funds amid positive growth outlook
(Reuters) – U.S. equity funds attracted inflows during the week ending June 28, buoyed by positive growth expectations as robust economic indicators eased concerns about higher borrowing costs. Investors purchased U.S. equity…
Global equity funds draw inflows on economic growth hopes
(Reuters) – Global investors turned net buyers of equity funds in the week to June 28 as solid economic readings fuelled hopes of U.S. growth, while China’s policy measures to bolster its…
Analysis-Macro hedge funds down at half-year point, pin recovery hopes on central banks
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Many macro hedge funds that bet on global economic trends are ending the first half of 2023 with losses, but uncertainty around…
Biden Admin Uses Ukraine Aid Funds To Scope Out Cobalt Mining In Idaho
Biden Admin Uses Ukraine Aid Funds To Scope Out Cobalt Mining In Idaho Micaela Burrow on June 28, 2023 The Biden administration has begun using funds from a $40 billion Ukraine aid…
Controversial New Jersey offshore wind developer Asking for more taxpayer funds
SEASIDE HEIGHTS, NJ – According to a Politico article by Ry Rivard, the Danish wind developer responsible for constructing New Jersey’s first industrial offshore wind farm is seeking additional funds from state…
U.S. equity funds see biggest outflow in 12 weeks
(Reuters) – U.S. equity funds recorded their biggest outflows in 12 weeks for seven days ended June 21 as the Federal Reserve’s hawkish stance sparked worries of more rate hikes this year.…
Global equity funds see over $15 billion in outflows on rate hike worries
(Reuters) – Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs staying higher for longer as the European Central Bank raised interest rates…
Brazil unveils compensation funds in proposed tax reform
BRASILIA (Reuters) -Brazil’s proposed tax reform will include compensation funds to benefit states that lose money under the changes, the bill’s coordinator, Congressman Aguinaldo Ribeiro, said on Thursday, as the proposed constitutional…
Retail investors slow to buy into ARK Innovation Fund’s blistering rally
By David Randall NEW YORK(Reuters) – Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during their searing run this year, but some market watchers believe that may…
Australia’s Perpetual says ‘tech outage’ affected some funds in cyber incident
(Reuters) – Australian Perpetual on Wednesday confirmed an extended tech outage over an IT security incident, affecting some of its funds, though the fund manager reaffirmed that all its client investments and…
Air taxi maker races to serve Paris Olympics as sector struggles for funds
By Allison Lampert, Joanna Plucinska and Maiya Keidan PARIS/TORONTO (Reuters) -A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the Paris Airshow it is…
Blue State Using COVID Relief Funds To Address Skyrocketing Juvenile Crime
Blue State Using COVID Relief Funds To Address Skyrocketing Juvenile Crime Laurel Duggan on June 16, 2023 Democratic Maryland Gov. Wes Moore will use $5 million in federal COVID-19 relief funds toward…
U.S. equity funds register biggest weekly inflow in 28 months
(Reuters) – U.S. equity funds saw their most substantial weekly net purchases since early 2021 during the seven days leading up to June 14, as concerns over a potential rate hike during…
Global equity funds attract biggest inflow in 12 weeks
(Reuters) – Global equity funds witnessed their largest inflow in 12 weeks, as stocks surged on expectations that subdued U.S. inflation data would prompt the Federal Reserve to pause rate hikes for…
Syrians need ‘way more’ than pledged relief funds, ICRC says
By Maya Gebeily BEIRUT (Reuters) – War-weary Syrians are in such dire straits that they require “way more than what is possible today,” the International Committee of the Red Cross’s regional chief…
Colombia ex-candidate Zuluaga violated law with funds from Odebrecht -AG
BOGOTA (Reuters) – Former Colombia presidential candidate and minister Oscar Ivan Zuluaga violated the law when he received money from disgraced Brazilian construction firm Odebrecht, the Colombian attorney general’s office said on…
U.S. equity funds post biggest weekly outflow in 10 weeks
(Reuters) – U.S. equity funds had their biggest weekly outflow in 10 weeks in the seven days to June 7 as investors, worried about rising inflation and an economic slowdown, pulled out…
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June 7, as concerns over stubbornly high inflation and sluggish economic growth prompted…
Polish top court delays hearing on bill needed to get EU funds
WARSAW (Reuters) – Poland’s top court postponed on Wednesday a crucial hearing on the constitutionality of reforms designed to unblock European Union funds due to an insufficient number of judges, the latest…
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