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…
Hedge funds’ Europe stock buying spree unlikely to be maintained -JP Morgan
By Nell Mackenzie LONDON (Reuters) – Hedge funds’ bullish equity positioning in Europe is in line with some of the highest levels of the past five years but the appetite for stocks…
Biden’s State Department Sent Funds To A Group Looking To Remove Israel’s Prime Minister From Office
Biden’s State Department Sent Funds To A Group Looking To Remove Israel’s Prime Minister From Office Kate Anderson on March 6, 2023 An Israeli nonprofit has been receiving funding from the U.S.…
Hedge funds put record wager on higher 2-year U.S. bond yield: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -Hedge funds entered February holding their biggest ever short position in two-year U.S. Treasuries futures. That’s what the most up-to-date Commodity Futures Trading Commission (CFTC) data…
U.S. equity funds post biggest weekly outflow in eight weeks
(Reuters) – U.S. equity funds saw huge money withdrawals in the seven days to March 1 on reinforced worries about the Federal Reserve’s policy tightening after economic data pointed to stickier-than-expected inflation.…
Global equity funds see biggest weekly outflow in two months
(Reuters) – Global equity funds suffered their biggest weekly net selling in two months in the seven days to March 1 as global stocks fell after strong U.S. economic data stoked fears…
‘Ask Germany’: Dem Senator Pours Cold Water On ESG Investing For Retirement Funds
‘Ask Germany’: Dem Senator Pours Cold Water On ESG Investing For Retirement Funds Harold Hutchison on March 2, 2023 Democratic Sen. Joe Manchin of West Virginia cited Germany’s struggles to avoid blackouts…
Investors favor allocations to macro, credit funds – Barclays survey
By Carolina Mandl NEW YORK (Reuters) – Investors such as pension funds and family offices plan to increase allocations to credit and global macro hedge funds in 2023, although their overall appetite…
Australia plans to limit early access to retirement funds, cut tax breaks
By Renju Jose SYDNEY (Reuters) – Australia’s centre-left government said on Thursday it would push ahead with plans to change superannuation rules, including restricting early access to funds until retirement and limiting…
Fed funds futures contracts price in further quarter-point hikes
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Wednesday largely stuck to the view the central bank will keep raising rates a quarter of a point at…
Owner Of Insurance Firm Pleads Guilty In $40 Million Scheme To Steal Client Healthcare Funds And Defraud Lenders
Damian Williams, the United States Attorney for the Southern District of New York, announced today that ANTHONY RICCARDI, an owner and manager of the Connecticut insurance firm Employee Benefit Solutions LLC (“EBS”),…
Hungary flags further possible delay in access to EU funds -report
BUDAPEST (Reuters) – Hungary’s European Union funds negotiator on Monday flagged a further possible delay in access to billions of euros of recovery money, saying ironing out remaining issues with Brussels over…
Federal Judge Rules State’s School Choice Funds Can Be Used For Religious Schools
Federal Judge Rules State’s School Choice Funds Can Be Used For Religious Schools Katelynn Richardson on February 17, 2023 Vermont must reimburse parents denied state tuition benefits based on their decision to…
U.S. bond funds see first weekly outflow in six weeks on rate hike concerns
(Reuters) – U.S. bond funds witnessed their first weekly net selling in six weeks in the seven days to Feb. 15 as bond yields climbed on concerns over more Federal Reserve tightening…
Should owning index funds be grounds for judicial recusal? No, says California judge
By Alison Frankel (Reuters) – Congress overhauled disclosure rules for federal judges last April to bolster public confidence that judicial decisions haven’t been tainted by secret financial considerations. But the new law…
Hedge funds’ short-covering of tech bets is 2nd biggest in a decade – banks
By Carolina Mandl NEW YORK (Reuters) – Hedge funds betting against stocks in the technology sector rushed to unwind those trades in the first half of February as markets rallied, data from…
TSMC out of favor with slew of funds alongside Berkshire, filings show
By Carolina Mandl NEW YORK (Reuters) – Investment firms Tiger Global Management, GQG Partners and Capital Group, BlackRock Inc, as well as JPMorgan & Chase were among the biggest sellers of Taiwanese…
Virginia Prosecutor Accused of Targeted Her Political Foes With Taxpayer Funds
Bronson Winslow on February 15, 2023 A George Soros-backed commonwealth attorney allegedly used taxpayer funds to investigate her political rivals, submitting Freedom of Information Act (FOIA) requests to view correspondences between county…
‘Big Short’ manager Burry, Farallon among hedge funds making bets on China
By David Randall and Carolina Mandl NEW YORK (Reuters) – “Big Short” investor Michael Burry, Farallon Capital Management, and Coatue Management were among the prominent hedge fund managers who took large bets…
Hedge fund D. E. Shaw raises $1.1 billion for two private market funds
(Reuters) – Hedge fund D. E. Shaw Group said on Tuesday it had raised a total of $1.1 billion for two of its new funds focused on investing in private markets. Its…
Asia hedge funds post strongest month in January since 2016 – Goldman
By Summer Zhen HONG KONG (Reuters) – After seeing record outflows in 2022, Asia-focused hedge funds posted a 5.3% gain in a January rally to mark their best monthly performance in years,…
Biden Admin Quietly Allowing Medicaid Funds To Cover Rent, Air Conditioning, Cooking Classes
Biden Admin Quietly Allowing Medicaid Funds To Cover Rent, Air Conditioning, Cooking Classes Laurel Duggan on February 13, 2023 The Biden administration has been approving state requests to use Medicaid funds to…
IMF, Pakistan to resume talks on unlocking bailout funds, official says
By Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Talks between the International Monetary Fund and Pakistan will resume virtually on Monday, a Pakistani official said, as the two sides look to reach a deal…
Investors see Hong Kong property stocks, funds as reopening trades
By Georgina Lee HONG KONG (Reuters) – As global investors look for ways to profit from China’s reopening from pandemic controls, the beaten-down shares of Hong Kong’s property firms and real estate…
U.S. equity funds see outflows for 12th week in a row
(Reuters) – Investors continued to withdraw from U.S. equity funds for a 12th straight week in the seven days to Feb. 8 as a report showing robust U.S. job additions in the…
Global equity funds see outflows on rate hike worries
(Reuters) – Global equity funds witnessed their first weekly outflow in five as a stronger-than-expected U.S. jobs report raised concerns that the Federal Reserve would keep policy rates higher for longer than…
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