Global watchdog warns over ‘very high leverage’ in hedge funds
By Huw Jones LONDON (Reuters) – Leverage is now very high in parts of the $7 trillion hedge fund sector, G20 risk watchdog Financial Stability …
Funds
Food Truck Festival Raises Funds for Kiwanis in Parsippany
PARSIPPANY, NJ – The third annual Parsippany Food Truck & Music Fest took place at Veterans Memorial Park, raising funds for the Kiwanis of Greater …
Hedge funds drop short trades on U.S. regional banks – Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds ditched short bets against U.S. regional banks as of the end of August and turned bullish on …
Australian regulator warns pension funds over unlisted company valuations after Canva slump
By Lewis Jackson SYDNEY (Reuters) – Australian pension funds need to improve how they value private equity, the sector’s regulator said on Monday after a …
Global money market funds see significant inflows amid investor caution
(Reuters) – Global money market funds drew significant inflows in the week ended Aug. 30, as investors sought safety amid increasing perception that major central …
Japan has no plans to boost funds to ease reputation damage from Fukushima water release
TOKYO (Reuters) – Japan’s industry minister said on Wednesday the government had no plan to substantially boost funds aimed at helping the fishing industry hit …
Analysis-Chinese investors rush to offshore funds to offset domestic risks
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) -Disillusioned with a weak stock market at home, geopolitical risks and a falling currency, Chinese investors …
Brazil to tax closed-end, offshore funds
(Reuters) – Brazilian President Luiz Inacio Lula da Silva on Monday will sign an executive measure to tax closed-end funds and a bill to tax …
China approves 37 retail funds to help revive market
SHANGHAI (Reuters) – China’s securities regulator approved the launch of 37 retail funds over the weekend, part of government efforts to revive a stock market …
US equity funds see biggest weekly outflow in two months
(Reuters) – Investors withdrew huge money out of U.S. equity funds in the seven days to Aug. 13 on worries about the prospects of interest …
Wall Street funds explore potential bankruptcy plan for WeWork – WSJ
(Reuters) – A group of wall street funds which lent cash to WeWork is exploring the possibility of a bankruptcy filing, the Wall Street Journal …
Blackstone China unit gets nod to raise funds for overseas investments
By Roxanne Liu and Selena Li (Reuters) – Blackstone’s newly established China unit has received regulatory approval to raise funds that will be invested overseas, …
How hedge funds are positioning themselves for a soft landing
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Bond, stock and currency market bears with portfolios designed to gain from a recession …
SoftBank buys Vision Fund’s stake in Arm at valuation of $64 billion-sources
By Anirban Sen NEW YORK (Reuters) – SoftBank Group Corp has acquired the 25% stake in Arm Ltd it does not directly own from its …
Hedge funds slow value exodus as AI hype drives up growth stocks
NEW YORK/LONDON (Reuters) – Hedge funds have slowed their exit from value stocks and small-cap stocks over the past month, as enthusiasm for artificial intelligence …
Asian hedge funds see waning demand in the first half -data
By Summer Zhen HONG KONG (Reuters) – Money continued to flow out of Asian hedge funds in the first half of 2023 as a disappointing …
EXCLUSIVE: Reps. Chip Roy, Andy Biggs Question Mayorkas On Taxpayer Funds Going To Migrant Camps Outside US
EXCLUSIVE: Reps. Chip Roy, Andy Biggs Question Mayorkas On Taxpayer Funds Going To Migrant Camps Outside US Jennie Taer on August 16, 2023 Reps. Chip …
Hedge funds land bonuses despite returns below bank savings rates -Goldman
By Nell Mackenzie LONDON (Reuters) – Most investors still award bonuses to hedge funds even if their investments do not earn as much as a …
Tudor, Adage Capital among hedge funds making bets on NYC office space
By David Randall NEW YORK (Reuters) – Basswood Capital, Adage Capital Partners and Paul Tudor Jones’ Tudor Investment Corp were among the hedge funds that …
In the Market: Funds fret over the fallout of Biden’s China order
By Paritosh Bansal (Reuters) – Fund managers are worried the Biden administration’s move to restrict some outbound U.S. investment to China will further fuel anti-Beijing …
Woman Arrested for Misappropriating Jersey City Housing Authority Funds
HUDSON COUNTY, NJ – On Thursday, Tyest Bryant, 53, of Jersey City, was arrested by the Hudson County Prosecutor’s Office Special Investigations Unit. The arrest …
White House: There will be restrictions on any unfrozen Iranian funds
By Andrea Shalal and Matt Spetalnick WASHINGTON (Reuters) – The White House stressed on Friday that there would be restrictions on what Iran could do …
US equity funds record biggest weekly outflow in seven weeks
(Reuters) – U.S. equity funds saw heavy outflows in the seven days to Aug. 9 amid investor caution ahead of the U.S. inflation data and …
Global money market funds draw biggest weekly inflow in 4-1/2 months
(Reuters) – Global money market funds attracted robust inflows in the week to Aug. 9, reflecting investor caution ahead of U.S. inflation readings and as …
Exclusive-Canadian pension funds explore $6 billion sale of renewables firm Cubico -sources
By Isla Binnie and Andres Gonzalez NEW YORK (Reuters) – Two of Canada’s biggest pension funds are exploring options including a sale of Cubico Sustainable …
Novo Banco yet to decide on frozen Venezuelan funds after ruling
LISBON (Reuters) – Portugal’s Novo Banco said its lawyers were studying a ruling by a Lisbon court that Venezuela claims unblocks around $1.5 billion in …
New Jersey Reallocates $59.4 Million in Superstorm Sandy Relief Funds
The New Jersey Department of Community Affairs (DCA) has made public a proposed amendment to the Superstorm Sandy Action Plan for public comment. This amendment …
Analysis-Oil hedge funds place their bets on heat-fueled hurricane season
By Nell Mackenzie LONDON (Reuters) – Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and will almost certainly rise further …
Hedge funds turn bearish again as yields spike
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds increased their bets that stocks will fall in a week when bonds yields rose after …
US money market funds draw biggest inflow in four months
(Reuters) – U.S. money market funds saw robust demand in the seven days to Aug. 2 as investors favoured safer assets on concerns over a …
Global money market funds see largest inflows since March amid US downgrade, economic woes
(Reuters) – Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets amid a U.S. credit downgrade …
Lincoln National’s CRE exposure targeted by two hedge funds
By Carolina Mandl NEW YORK (Reuters) – Two hedge funds have placed bets that bonds issued by life insurance company Lincoln National Corp will fall …
European credit hedge funds top investor most-wanted list- Barclays
By Nell Mackenzie LONDON (Reuters) – European credit hedge funds topped a most-wanted list of global hedge fund strategies in the second half of this …
Global money market funds draw big weekly inflows on investor caution
(Reuters) – Global money market funds drew big inflows in the week to July 26, as investors were cautious ahead of major central banks’ interest …
Sustainable funds grab new money worldwide in Q2 but lag in U.S.- Morningstar
By Isla Binnie NEW YORK (Reuters) – New money flowed into sustainable funds globally in the three months to June even as investors pulled out …
Hedge funds rush to buy China stocks on economy stimulus prospects – Goldman
By Summer Zhen HONG KONG (Reuters) – Global hedge funds snapped up Chinese equities following the politburo meeting this week, buying on Tuesday at their …
Drugmaker Mallinckrodt in talks with hedge funds to avoid opioid settlements – WSJ
(Reuters) – Drugmaker Mallinckrodt is talking to hedge funds about filing for bankruptcy and avoiding payments intended to help people addicted to opioids, the Wall …
How hedge funds would trade global real estate woes
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Property markets knocked by high interest rates and the end of cheap financing have caught …
Russia to restart FX interventions next month based on rainy day funds
(Reuters) – Russia’s central bank said on Friday it would resume foreign exchange interventions based on its National Wealth Fund (NWF) investments from Aug. 1, …
Global equity funds see first weekly outflow in four weeks
(Reuters) – Global equity funds witnessed their first weekly outflow in four weeks in the week to July 19, reflecting concerns over slower growth in …
European Union agrees post-Brexit rules for hedge funds
By Nell Mackenzie LONDON (Reuters) – The European Union said on Thursday it has reached a deal on revising its rules for managers of hedge …
Exclusive-Audit fails to win U.S. backing for release of Afghan central bank funds – U.S. officials
By Jonathan Landay and Charlotte Greenfield WASHINGTON/ISLAMABAD (Reuters) – A U.S.-funded audit of Afghanistan’s Taliban-run central bank has failed to win Washington’s backing for a …
Global hedge funds ditch losing trades after failing to beat the MSCI – Goldman
By Nell Mackenzie LONDON (Reuters) – Global hedge funds exited trades in the past week at their fastest pace since January and at one of …
Brazil eyes taxes on shareholder payouts, closed-end funds to balance 2024 budget -sources
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s government is considering changes to the taxation of closed-end funds and shareholder payouts in order …
Hedge funds rush to unwind bearish stock positions
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent …
European sovereign bond funds pull in record $15 billion in second quarter
By Harry Robertson LONDON (Reuters) – Global investors poured a record amount of money into European sovereign bond funds in the second quarter of the …
Marshall Islands seeks more U.S. nuclear legacy funds to settle strategic deal
By David Brunnstrom WASHINGTON (Reuters) -The foreign minister of the Marshall Islands called on Thursday for more U.S. money to deal with the legacy of …
Green Investment Funds Ended Up In The Hands Of A Saudi Arabian Oil Company: REPORT
Green Investment Funds Ended Up In The Hands Of A Saudi Arabian Oil Company: REPORT Nick Pope on July 12, 2023 Money invested in environmental, …
Explainer-Why is the U.S. SEC reforming money market funds?
By Michelle Price WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve the resilience and transparency of …
Analysis-A wasted opportunity? Italy’s EU funds bonanza hits the rocks
By Valentina Za, Giuseppe Fonte and Gavin Jones ROME/MILAN (Reuters) – Italy’s hopes of transforming its economy with billions of euros of European Union pandemic …