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…
Kamala Harris Says College Students ‘Will Now Get Paid’ With Taxpayer Funds To Register Voters Ahead Of 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 President Kamala Harris announced Tuesday that college…
Former Broker Sentenced for $1.2 Million Fraud and Misuse of Pandemic Relief Funds
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 and illicitly securing a $96,000 loan intended…
Fani Willis Still Hasn’t Responded To Commissioner’s Request For Information Relating To Alleged Misuse Of Funds
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 Attorney Fani Willis did not respond to…
Argentina can appeal in hedge funds’ lawsuit over GDP-linked securities
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 the country facing a roughly $1.5 billion…
Australia regulator scrutinises pension funds over unlisted asset pricing
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 sector value unlisted assets and that it…
EU markets watchdog sounds warning on real estate funds
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 and liquidity, requiring “stepped up monitoring”, the…
Hedge funds lap up China stocks at fastest pace in 5 years – Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds snapped up battered Chinese stocks over three days last week at the fastest pace in more than five years, Goldman Sachs wrote in a…
Trump White House pharmacy improperly provided drugs and misused funds, Pentagon report says
By Ahmed Aboulenein WASHINGTON (Reuters) – The White House Medical Unit during the Trump administration provided prescription drugs, including controlled substances, to ineligible staff and spent tens of thousands of dollars more…
Former New Jersey Mayor Who Stole Parking Meter Funds, Sold Town Vehicles Heading to Prison
TOMS RIVER, NJ – Former Ocean Gate Mayor, Paul Kennedy, has been sentenced to three years in New Jersey State Prison, as announced by Ocean County Prosecutor Bradley D. Billhimer. The sentencing,…
China equity funds draw largest weekly inflows since 2015 -BofA
By Alun John LONDON (Reuters) – Investors poured almost $12 billion into Chinese equity funds in the week to Wednesday in the largest inflow since 2015 and the second largest ever, a…
EXCLUSIVE: Swing State’s Pension Funds Used By Wall Street Titans To Push ‘Racial Equity’, Climate Agenda, Report Finds
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 managers have repeatedly leveraged Nevadans’ pension funds…
Money market funds keep growing despite expected Fed cuts, JPMorgan strategists say
By Lewis Krauskopf NEW YORK (Reuters) – Assets in money market funds are rising to start the year, challenging some expectations that investors are set to pour cash on the sidelines into…
Yellen says ‘tax fairness,’ workforce funds key to Biden’s second-term agenda
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 pay more, and will likely revisit unrealized…
Morgan Stanley Direct Lending Fund’s shares tick down in market debut
(Reuters) – Shares of Morgan Stanley Direct Lending Fund (MSDL) dipped 1% in their market debut on Wednesday, as investor appetite for new issues continues to remain muted. The fund chiefly invests…
Exclusive-Trian’s big Disney bet drove fund’s 2023 underperformance – source
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 firm’s underperformance last year relative to its…
Hedge funds net purchasers of stocks for first time in 10 weeks, Bank of America says
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 to their portfolios, Bank of America said…
Hedge funds U-Turn on tech; sell everything else – Goldman
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 at the fastest pace in two months,…
Top global hedge funds tripled gains for clients in 2023, LCH finds
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 what they returned in 2022, with activist…
Austin Woman Arrested for Embezzlement of Federal Funds from Killeen Housing Authority
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 Killeen Housing Authority (KHA), where she served…
US equity funds see big outflows on rate-cut uncertainty, earnings caution
(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 Reserve officials tempered hopes about a policy…
Global equity funds see big outflows as rate outlook shifts
(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. and Europe pushed back against market expectations…
CoinShares to acquire Valkyrie Funds after US spot bitcoin ETF approval
By Lisa Pauline Mattackal (Reuters) – CoinShares International said on Friday it has exercised an option to acquire Valkyrie Funds, expanding the European digital asset firm’s U.S. offerings, after Valkyrie’s spot bitcoin…
Global money market funds see third weekly inflow ahead of US inflation data
(Reuters) – Global investors accumulated money market funds for a third straight week in the seven days to Jan. 10, while pulling back from equity funds, as they favoured safer bets ahead…
Analysis-Portugal’s revamped golden visa scheme to boost investment funds
By Patricia Vicente Rua and Catarina Demony LISBON (Reuters) – Buying property in Portugal is no longer a route to a “golden visa” giving residency rights but foreigners who want to secure…
Investors flee to US money market funds on caution as rate cut optimism cools
(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 eased and they awaited further evidence to…
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