Hedge funds caught in crowded trades suffered in Thursday’s stock rally -Goldman Sachs
By Nell Mackenzie LONDON (Reuters) – Global hedge funds using algorithms to trade stocks endured one of their worst days of the year on Thursday, …
Funds
Investors on track to pour $1.3 trillion into cash funds in 2023 – BofA
By Harry Robertson LONDON (Reuters) – Investors are on track to have put $1.3 trillion into cash funds in 2023, according to Bank of America …
US money market funds draw biggest weekly inflow in seven months
(Reuters) – U.S. money market funds received a big influx of capital in the seven days to Nov. 1, driven by investor caution ahead of …
Global money market funds attract robust inflows on central bank policy caution
(Reuters) – Investors channelled substantial sums into global money market funds in the week leading to Nov. 1, seeking the safety of these assets ahead …
Ocean County Lawmakers Demand Murphy Put Orsted Funds Into Education Funding
TOMS RIVER, NJ – After Orsted, a foreign wind developer, canceled its offshore wind projects in New Jersey, Senator Jim Holzapfel and Assemblymen Greg McGuckin …
Computer-led equity hedge funds beat human stock-pickers in October
By Carolina Mandl NEW YORK (Reuters) – Hedge funds that trade equities using computer programmes defeated human stock-pickers in October by a large difference in …
Macro hedge funds turn bearish on equities – Barclays
NEW YORK (Reuters) – Global macro hedge funds are now bearish on equities, leaving behind bullish bets which were part of their strategy for most …
House GOP Unveils Israel Aid Bill That Would Take Back Funds From Biden’s Massive IRS Funding Surge To Pay For It
House GOP Unveils Israel Aid Bill That Would Take Back Funds From Biden’s Massive IRS Funding Surge To Pay For It Arjun Singh on October …
Global equity funds experience notable outflows amid U.S. yield worries
(Reuters) – Global equity funds suffered significant outflows in the seven days to Oct. 25, hit by worries over higher U.S. bond yields and caution …
Hedge funds trim exposure to megacap tech stocks, banks say
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds reduced their exposure to mega cap tech stocks in recent days, ahead of the companies’ …
US equity funds suffer outflows on rising bond yields, geopolitical tensions
(Reuters) – U.S. equity funds registered huge withdrawals in the week ending Oct. 18, hit by a surge in bond yields and escalating geopolitical tensions …
Global equity funds see fifth consecutive weekly outflow amid rising bond yields
(Reuters) – Global equity funds registered their fifth weekly outflow in a row in the seven days to Oct. 18 hit by the persistent rise …
Hedge funds pile into banks ahead of earnings – BofA
NEW YORK (Reuters) – Hedge funds bought U.S. stocks in all sectors last week, but mainly in financials, Bank of America said in a report …
IMF steering committee calls for new funds, share plan by June 2025
MARRAKECH, Morocco (Reuters) – International Monetary Fund members on Saturday pledged to complete a review of quota funding by Dec. 15, voicing support for an …
Man Accused of Stealing Over $1 Million in Pandemic Relief Funds
QUEENS, NY – District Attorney Melinda Katz has announced the arrest and charges against Papa Diakhate, 54, of East Elmhurst, for allegedly defrauding federal pandemic …
Slidell Woman Sentenced to 18 Months for Misappropriating Veteran’s Funds
NEW ORLEANS, LOUISIANA – U.S. Attorney Duane A. Evans announced that SLOANE SIGNAL-DEBOSE, Ph.D., age 52, a resident of Slidell, was sentenced on October 11, …
US equity funds suffer outflows amid rate worries, Middle East conflict
(Reuters) – U.S. equity funds suffered substantial outflows in the week ending Oct. 11, driven by concerns over persistent higher U.S. interest rates and escalating …
Former Army Reservist Pleads Guilty to Conspiracy to Commit Theft of Government Funds
NEW ORLEANS – U.S. Attorney Duane A. Evans announced today that former United States Army reservist LEROY DANIELS, JR. pled guilty to conspiracy to commit …
Former Executive Director of Tribal non-profit job training program pleads guilty to embezzling federal funds
Tacoma – The former Executive Director of the Western Washington Indian Employment Training Program (WWIETP) pleaded guilty today in U.S. District Court in Tacoma to …
Honduras prosecutors accuse two ex-presidents of diverting public funds to campaigns
By Gustavo Palencia TEGUCIGALPA (Reuters) – A Honduran special anti-corruption unit indicted two former conservative presidents on Wednesday on charges of fraud for the diversion …
Saratoga Springs Woman Sentenced for Misappropriating Funds as the Fiduciary to a Veteran
ALBANY, NEW YORK – JoAnne Natalie, age 65, of Saratoga Springs, New York, was sentenced today to serve 3 months in jail for misappropriating the …
Bank of England piles pressure on money market funds to bolster liquidity
By Huw Jones and David Milliken LONDON (Reuters) -The Bank of England said on Tuesday that money market funds should hold “significantly” higher amounts of …
China funds look to Mideast cash as US investments wane
By Summer Zhen HONG KONG (Reuters) – Chinese funds are seeking new capital sources in the Middle East and other markets, managers say, in a …
Hedge funds sell energy stocks before Middle East conflict – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge fund managers were selling U.S. stocks sensitive to commodities at an accelerated pace in the week ending …
US bond funds suffer outflows on rate worries; money market funds gain traction
(Reuters) – U.S. bond funds saw significant outflows in the week ending Oct. 4, driven by concerns about prolonged elevated interest rates, while money market …
Global bond funds post massive weekly outflows on rate hike concerns
(Reuters) – Global bond funds faced huge outflows in the week to October 4, driven by concerns over sustained high interest rates because of elevated …
‘I Will Wait No Longer’: Josh Hawley Vows To Block Army Civilian Nominations Over Unspent Housing Funds
‘I Will Wait No Longer’: Josh Hawley Vows To Block Army Civilian Nominations Over Unspent Housing Funds Micaela Burrow on October 5, 2023 Republican Missouri …
Brazil’s government seeks Congress vote on bill taxing offshore, closed-end funds this week
BRASILIA (Reuters) – The Brazilian government wants Congress to pass a bill this week that would tax offshore and closed-end funds, and change an instrument …
Banks stocks back in vogue for hedge funds in September -Morgan Stanley
By Nell Mackenzie LONDON (Reuters) – Global hedge funds raced to load up on bullish positions in banks, insurance companies and capital markets as September …
Flows into AI funds wane as US rate worries weigh
By Bansari Mayur Kamdar (Reuters) – Inflows into exchange-traded funds (ETFs) tracking artificial intelligence (AI) companies have ebbed after their sharp run-up earlier this year, …
Bets on Texas Pacific, St Joe powered best US equity funds in third quarter
By David Randall NEW YORK (Reuters) – Big positions in a handful of stocks helped a select number of U.S. value and small-cap funds rocket …
US equity funds see biggest weekly outflow in three months
(Reuters) – U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve’s …
Global bond funds register big outflows on rate worries
(Reuters) – Global bond funds saw their biggest weekly outflows in more than a month on concerns that U.S. and European central banks will keep …
Traders wary of volatility as JP Morgan fund’s big options trade looms
By Saqib Iqbal Ahmed NEW YORK (Reuters) – A $16 billion JP Morgan fund, expected to reset its options positions on Friday, is drawing traders’ …
New Rochelle Charity Co-Founder Accused of Misappropriating Funds
WHITE PLAINS, NY – Christopher Greco, 52, co-founder of Christopher’s Voice, Inc., a New Rochelle-based charity for autistic children, has been recently charged with stealing …
New IMF funds for Sri Lanka may face delay after review sees revenue shortfall
By Uditha Jayasinghe COLOMBO (Reuters) -The International Monetary Fund did not reach a staff-level agreement with Sri Lanka in its first review under a $2.9 …
Hedge funds boost bearish bets on US equities amid market jitters
By Carolina Mandl NEW YORK (Reuters) – Hedge funds increased their bearish bets mainly on U.S. stocks last week when the major stock indexes plunged, …
Annual “Guns ‘N Hoses” Football Game To Raise Funds for Breast Cancer Awareness
EAST BRUNSWICK, NJ – The East Brunswick PBA Local 145 and Superior Officers Association (PBA Local 145A) will compete against East Brunswick Firemen in an …
US equity funds see biggest weekly outflow in four weeks
(Reuters) – U.S. equity funds suffered substantial outflows in the seven days to Sept. 20, hit by worries that the Federal Reserve would potentially extend …
Global equity funds post big outflows on Fed policy concerns
(Reuters) – Global equity funds recorded massive outflows in the seven days ending Sept. 20 on concerns that the Federal Reserve might maintain its tighter …
French far-right leader Le Pen should stand trial for alleged misuse of EU funds – Prosecutor
By Juliette Jabkhiro and Elizabeth Pineau PARIS (Reuters) -The Paris prosecutor’s office said on Friday that far-right leader Marine Le Pen and 23 other members …
Dem Megadonor Funds Massive Campaign To Shut Down Key American Manufacturing Sector
Dem Megadonor Funds Massive Campaign To Shut Down Key American Manufacturing Sector Nick Pope on September 20, 2023 A Democratic megadonor is funding a large …
Hedge funds sell energy stocks, increase bearish bets – Goldman
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Hedge funds ditched energy stocks last week for the first time in three weeks, despite …
Rio Tinto shoulders Simandou iron ore bill as Chinese funds delayed – sources
By Clara Denina LONDON (Reuters) – Rio Tinto has been solely funding preparatory work at the blocks it holds at Simandou, one of the world’s …
US equity funds see biggest weekly inflow in three months
(Reuters) – U.S. equity funds saw robust inflows after six straight weeks of outflows, on hopes that receding inflationary pressures would pause the Federal Reserve’s …
Global equity funds draw big inflows as inflationary pressures ease
(Reuters) – Global equity funds attracted substantial inflows in the week ending Sept. 13, buoyed by hopes the Federal Reserve might halt its rate increases …
Biggest hedge funds have doubled footprint in U.S. stocks since 2014- Goldman
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – The world’s five biggest hedge funds have doubled their footprint in the U.S. stock market through …
‘We Don’t Know’: Expert Tells GOP Rep Defendants Can’t Determine If CCP Funds Litigation That Disadvantages US
‘We Don’t Know’: Expert Tells GOP Rep Defendants Can’t Determine If CCP Funds Litigation That Disadvantages US Nick Pope on September 13, 2023 A legal …
US equity funds see outflows for sixth week in a row
(Reuters) – Investors withdrew from U.S. equity funds for a sixth successive week in the seven days to Sept. 6, in the wake of downbeat …
Global money market funds attract biggest weekly inflows in three months
(Reuters) – Global money market funds attracted robust inflows in the week ended Sept. 6, as investors gravitated towards safer options amid concerns over slowing …