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Funds

US Congress deal bars US funds to UNRWA until March 2025, sources say

March 19, 2024
Us congress deal bars us funds to unrwa until march 2025, sources say - photo licensed by shore news network.

By Patricia Zengerle WASHINGTON (Reuters) – An agreement reached by U.S. congressional leaders and the White House on a massive bill funding military, State Department …

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Biden Admin Spending Big To Make Ports Of Entry Green While Trying To Yank Border Wall Funds

March 15, 2024
Biden admin spending big to make ports of entry green while trying to yank border wall funds - photo licensed by shore news network.

Biden Admin Spending Big To Make Ports Of Entry Green While Trying To Yank Border Wall Funds Nick Pope on March 14, 2024 The Biden …

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Biden Cobbles Together $300 Million For Ukraine After Pentagon Replenishment Funds Run Dry

March 13, 2024

Biden Cobbles Together $300 Million For Ukraine After Pentagon Replenishment Funds Run Dry Jake Smith on March 12, 2024 The Biden administration announced an additional …

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D.C. Man Admits to Fraudulently Obtaining COVID-19 Assistance Funds

March 12, 2024
A gavel and a block i

WASHINGTON, D.C. – Ronald Allen, Jr., a 54-year-old resident of Washington, D.C., has pleaded guilty to charges of first-degree theft and making false statements. This …

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Kamala Harris Says College Students ‘Will Now Get Paid’ With Taxpayer Funds To Register Voters Ahead Of 2024

February 28, 2024

Kamala Harris Says College Students ‘Will Now Get Paid’ With Taxpayer Funds To Register Voters Ahead Of 2024 Harold Hutchison on February 27, 2024 Vice …

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Former Broker Sentenced for $1.2 Million Fraud and Misuse of Pandemic Relief Funds

February 8, 2024
A gavel and a block i

TRENTON, NJ – A man from Monmouth County, New Jersey, has been sentenced to 45 months in prison for defrauding investors of over $1.2 million …

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Fani Willis Still Hasn’t Responded To Commissioner’s Request For Information Relating To Alleged Misuse Of Funds

February 3, 2024

Fani Willis Still Hasn’t Responded To Commissioner’s Request For Information Relating To Alleged Misuse Of Funds Harold Hutchison on February 2, 2024 Fulton County District …

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Argentina can appeal in hedge funds’ lawsuit over GDP-linked securities

January 31, 2024

LONDON (Reuters) – Argentina has been given permission to appeal after losing a London lawsuit brought by four hedge funds over euro-denominated securities which left …

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Australia regulator scrutinises pension funds over unlisted asset pricing

January 30, 2024January 30, 2024
Australia regulator scrutinises pension funds over unlisted asset pricing - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Australia’s prudential regulator said on Wednesday it will review how sections of the A$2.5 trillion ($1.7 trillion) pension fund …

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EU markets watchdog sounds warning on real estate funds

January 30, 2024
Eu markets watchdog sounds warning on real estate funds - photo licensed by shore news network.

By Huw Jones LONDON (Reuters) – The European Union’s 1.1 trillion euro ($1.19 trillion) real estate funds sector faces multiple risks related to leverage, valuations …

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Hedge funds lap up China stocks at fastest pace in 5 years – Goldman

January 29, 2024January 29, 2024
Hedge funds lap up china stocks at fastest pace in 5 years - goldman - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than …

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Trump White House pharmacy improperly provided drugs and misused funds, Pentagon report says

January 28, 2024
Trump white house pharmacy improperly provided drugs and misused funds, pentagon report says - photo licensed by shore news network.

By Ahmed Aboulenein WASHINGTON (Reuters) – The White House Medical Unit during the Trump administration provided prescription drugs, including controlled substances, to ineligible staff and …

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Former New Jersey Mayor Who Stole Parking Meter Funds, Sold Town Vehicles Heading to Prison

January 27, 2024
Former new jersey mayor who stole parking meter funds, sold town vehicles heading to prison - photo licensed by shore news network.

TOMS RIVER, NJ – Former Ocean Gate Mayor, Paul Kennedy, has been sentenced to three years in New Jersey State Prison, as announced by Ocean …

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China equity funds draw largest weekly inflows since 2015 -BofA

January 26, 2024January 26, 2024
China equity funds draw largest weekly inflows since 2015 -bofa - photo licensed by shore news network.

By Alun John LONDON (Reuters) – Investors poured almost $12 billion into Chinese equity funds in the week to Wednesday in the largest inflow since …

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EXCLUSIVE: Swing State’s Pension Funds Used By Wall Street Titans To Push ‘Racial Equity’, Climate Agenda, Report Finds

January 26, 2024

EXCLUSIVE: Swing State’s Pension Funds Used By Wall Street Titans To Push ‘Racial Equity’, Climate Agenda, Report Finds Jason Cohen on January 25, 2024 Asset …

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Money market funds keep growing despite expected Fed cuts, JPMorgan strategists say

January 25, 2024January 25, 2024
Money market funds keep growing despite expected fed cuts, jpmorgan strategists say - photo licensed by shore news network.

By Lewis Krauskopf NEW YORK (Reuters) – Assets in money market funds are rising to start the year, challenging some expectations that investors are set …

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Yellen says ‘tax fairness,’ workforce funds key to Biden’s second-term agenda

January 25, 2024
Yellen says 'tax fairness,' workforce funds key to biden's second-term agenda - photo licensed by shore news network.

By David Lawder CHICAGO (Reuters) – U.S. President Joe Biden’s second-term economic agenda will focus heavily on “tax fairness” that makes wealthy people and corporations …

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Morgan Stanley Direct Lending Fund’s shares tick down in market debut

January 24, 2024

(Reuters) – Shares of Morgan Stanley Direct Lending Fund (MSDL) dipped 1% in their market debut on Wednesday, as investor appetite for new issues continues …

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Exclusive-Trian’s big Disney bet drove fund’s 2023 underperformance – source

January 23, 2024
Exclusive-trian's big disney bet drove fund's 2023 underperformance - source - photo licensed by shore news network.

By Svea Herbst-Bayliss (Reuters) – A $3 billion bet on Walt Disney by Nelson Peltz’s Trian Fund Management was largely responsible for the investment management …

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Hedge funds net purchasers of stocks for first time in 10 weeks, Bank of America says

January 23, 2024January 23, 2024
Hedge funds net purchasers of stocks for first time in 10 weeks, bank of america says - photo licensed by shore news network.

NEW YORK (Reuters) – Hedge funds bought more U.S. stocks than they sold last week for the first time in ten weeks, adding $554 million …

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Hedge funds U-Turn on tech; sell everything else – Goldman

January 22, 2024

By Nell Mackenzie LONDON (Reuters) – Global hedge funds turned positive on U.S. technology stocks, piling into the sector in the week ending Jan. 18 …

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Top global hedge funds tripled gains for clients in 2023, LCH finds

January 21, 2024
Top global hedge funds tripled gains for clients in 2023, lch finds - photo licensed by shore news network.

By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – The world’s 20 best-performing hedge funds generated $67 billion for investors in 2023, roughly triple …

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Austin Woman Arrested for Embezzlement of Federal Funds from Killeen Housing Authority

January 21, 2024
Police handcuffs and criminal fingerprints card

WACO, Texas – DeAdra Johnson, a 52-year-old woman from Austin, has been arrested on charges related to the alleged embezzlement of federal funds from the …

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US equity funds see big outflows on rate-cut uncertainty, earnings caution

January 19, 2024
Us equity funds see big outflows on rate-cut uncertainty, earnings caution - photo licensed by shore news network.

(Reuters) – U.S. equity funds saw large outflows in the seven days to Jan. 17 as a solid retail sales report and pushback from Federal …

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Global equity funds see big outflows as rate outlook shifts

January 19, 2024January 19, 2024
Global equity funds see big outflows as rate outlook shifts - photo licensed by shore news network.

(Reuters) – Global equity funds witnessed hefty outflows in the week up to Jan. 17 as investors trimmed positions after central bankers in the U.S. …

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CoinShares to acquire Valkyrie Funds after US spot bitcoin ETF approval

January 12, 2024
Coinshares to acquire valkyrie funds after us spot bitcoin etf approval - photo licensed by shore news network.

By Lisa Pauline Mattackal (Reuters) – CoinShares International said on Friday it has exercised an option to acquire Valkyrie Funds, expanding the European digital asset …

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Global money market funds see third weekly inflow ahead of US inflation data

January 12, 2024January 12, 2024
Global money market funds see third weekly inflow ahead of us inflation data - photo licensed by shore news network.

(Reuters) – Global investors accumulated money market funds for a third straight week in the seven days to Jan. 10, while pulling back from equity …

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Analysis-Portugal’s revamped golden visa scheme to boost investment funds

January 9, 2024January 9, 2024
Analysis-portugal's revamped golden visa scheme to boost investment funds - photo licensed by shore news network.

By Patricia Vicente Rua and Catarina Demony LISBON (Reuters) – Buying property in Portugal is no longer a route to a “golden visa” giving residency …

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Investors flee to US money market funds on caution as rate cut optimism cools

January 5, 2024
Investors flee to us money market funds on caution as rate cut optimism cools - photo licensed by shore news network.

(Reuters) – U.S. investors reduced holdings in equity funds, shifting to money market funds amid caution before key payroll reports, as a stock market rally …

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Global money market funds see big demand as rate cut euphoria fades

January 5, 2024January 5, 2024
Global money market funds see big demand as rate cut euphoria fades - photo licensed by shore news network.

(Reuters) – Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of …

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AQR ends 2023 with double digit returns thanks to stocks, gas and iron ore – source

January 4, 2024

By Nell Mackenzie LONDON (Reuters) -Billionaire investor Cliff Asness’s AQR Capital Management finished 2023 with double digit returns in several of its funds, buoyed by …

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Opportune time to up duration risk in Indian bonds, says DSP Mutual Fund’s Yadav

January 4, 2024

By Dharamraj Dhutia MUMBAI (Reuters) – India’s benchmark 10-year bond yield could fall around 50 basis points in 2024, and it is an “opportune” time …

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Investors withdraw $4 billion from hedge funds in November – Nasdaq eVestment

January 3, 2024

By Nell Mackenzie LONDON (Reuters) – Hedge fund withdrawals slowed in November as customer interest rose to the highest in 2023, data firm Nasdaq eVestment …

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Foreign funds accelerated China equity sell-off in December -Morgan Stanley

January 3, 2024
Foreign funds accelerated china equity sell-off in december -morgan stanley - photo licensed by shore news network.

By Summer Zhen HONG KONG (Reuters) – Global long-only funds offloaded China equities at the fastest pace of 2023 in December as they rushed to …

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China money managers rush to create funds tracking new A50 index

January 3, 2024January 3, 2024
China money managers rush to create funds tracking new a50 index - photo licensed by shore news network.

SHANGHAI (Reuters) – Chinese money managers are rushing to create funds tracking the newly-launched CSI A50 Index, which analysts say is a better reflection of …

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US equity funds see big inflows as rate cut bets rise

December 29, 2023December 29, 2023
Us equity funds see big inflows as rate cut bets rise - photo licensed by shore news network.

(Reuters) – U.S. equity funds attracted massive inflows in the week up to Dec. 27, bolstered by expectations of early rate cuts by the Federal …

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Global equity funds draw robust inflows on rate cut hopes

December 29, 2023December 29, 2023
Global equity funds draw robust inflows on rate cut hopes - photo licensed by shore news network.

(Reuters) – Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed U.S. inflation cooled further in November, cementing expectations …

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EXCLUSIVE: University With Gender Clinic Funds Study To See If Puberty Blockers Causes ‘Lasting’ Brain Changes For Kids

December 30, 2023December 25, 2023
Exclusive: university with gender clinic funds study to see if puberty blockers causes ‘lasting’ brain changes for kids - photo licensed by shore news network.

EXCLUSIVE: University With Gender Clinic Funds Study To See If Puberty Blockers Causes ‘Lasting’ Brain Changes For Kids Megan Brock and Kate Anderson on December …

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US equity funds see big outflows on profit-taking ahead of inflation report

December 22, 2023December 22, 2023
Us equity funds see big outflows on profit-taking ahead of inflation report - photo licensed by shore news network.

(Reuters) – U.S. equity funds saw significant outflows in the week ended Dec. 20, as investors took profits ahead of a key U.S. inflation report …

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Global equity funds see significant outflows as investors book year-end profits

December 22, 2023
Global equity funds see significant outflows as investors book year-end profits - photo licensed by shore news network.

(Reuters) – Global equity funds saw significant withdrawals in the week up to Dec. 20 as investor enthusiasm over potential rate cuts waned and profit-taking …

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Hedge funds seek double-digit returns in 2024 after year of outflows

December 22, 2023
Hedge funds seek double-digit returns in 2024 after year of outflows - photo licensed by shore news network.

By Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) – A blistering rally in stocks and elevated bond yields are pressuring global …

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Hedge funds in hindsight: four graphs that tell the story of 2023

December 21, 2023December 21, 2023
Hedge funds in hindsight: four graphs that tell the story of 2023 - photo licensed by shore news network.

By Nell Mackenzie LONDON (Reuters) – Wild market swings this year caught out many global hedge funds and those trading on macro economic events felt …

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ESG funds suffer weaker demand despite help from tech-sector performance

December 21, 2023December 21, 2023
Esg funds suffer weaker demand despite help from tech-sector performance - photo licensed by shore news network.

By Ross Kerber, Tommy Wilkes and Isla Binnie BOSTON/LONDON/NEW YORK (Reuters) – Sustainable funds faced a sharp slowdown in demand globally in 2023 amid political …

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Tinton Falls Woman Accused of Stealing Funds from Online Fundraiser

December 19, 2023December 18, 2023
Police cruiser at the scene.

FREEHOLD, NJ – Monmouth County Prosecutor Raymond S. Santiago announced charges against a Tinton Falls woman for allegedly stealing over $15,000 from an online fundraiser. …

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US Securities and Exchange Commission responds to challenge to new rules by private funds

December 15, 2023
Us securities and exchange commission responds to challenge to new rules by private funds - photo licensed by shore news network.

By Chris Prentice (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Friday defended its overhaul of rules for private funds, responding in a …

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US equity funds rebound with net inflows amid market rally

December 15, 2023
Us equity funds rebound with net inflows amid market rally - photo licensed by shore news network.

(Reuters) – U.S. equity funds attracted net inflows in the week through Dec. 13 amid a rally on Wall Street despite caution ahead of the …

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Investors retreated from global bond funds on caution ahead of Fed decision

December 15, 2023December 15, 2023
Investors retreated from global bond funds on caution ahead of fed decision - photo licensed by shore news network.

(Reuters) – Investors pulled back sharply from global bond funds in the seven days through Dec. 13, amid caution ahead of the U.S. Federal Reserve’s …

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Former Idaho Resident Indicted as a “Money Mule” for Laundering Funds from Wire Fraud and Bank Fraud Schemes

December 15, 2023

BOISE – Andrew Samargis, 69, a former Idaho resident was charged yesterday for conspiring to commit money laundering and operating an unlicensed money transmitting business …

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Maryland Man Sentenced to 41 Months in Prison for Fraudulently Obtaining More Than $2 Million in COVID-19 Relief Funds

December 15, 2023

NEWARK, N.J. – A Maryland man was sentenced today to 41 months in prison for illegally obtaining more than $2 million in COVID-19 relief funds, …

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Bronx Woman Convicted At Trial For Laundering Over $2 Million In Funds From Victims Of Romance Fraud Schemes

December 15, 2023

Damian Williams, the United States Attorney for the Southern District of New York, announced today that a jury returned a guilty verdict against NADINE JAZIMNE …

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