Morgan Stanley, BlackRock funds among those exposed to regional bank failures
By David Randall NEW YORK (Reuters) – Mutual funds managed by Morgan Stanley, Fidelity, and BlackRock appear to be among the most exposed to the …
Funds
Global equity funds draw first weekly inflow in four weeks – Refinitiv data
(Reuters) – Global equity funds drew their first weekly inflow in four weeks in the seven days to March 8 after strong consumption boosted the …
‘A Very Disturbing Event’: Michael Shellenberger Describes ‘Censorship-Industrial Complex’ Created With Taxpayer Funds
‘A Very Disturbing Event’: Michael Shellenberger Describes ‘Censorship-Industrial Complex’ Created With Taxpayer Funds Harold Hutchison on March 9, 2023 A journalist who testified about alleged …
Abu Dhabi shakes up wealth funds with top royals chairing
By Yousef Saba DUBAI (Reuters) – Abu Dhabi announced a reshuffle at the top of its two biggest sovereign wealth funds on Thursday, appointing senior …
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 …
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 …
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 …
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 …
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 …
‘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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
‘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 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 …
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 …
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 …
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 …
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 …
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 …
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 …
Passaic County Lawyer Charged with Fraud in Connection with COVID-19 Relief Funds
NEWARK, N.J. – A Passaic County, New Jersey, attorney was arrested today for fraudulent acts he committed in connection with COVID-19 relief funds, U.S. Attorney …
Global hedge funds gain in January, but not as much as stock market, HFR says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds posted a solid 2.8% gain in January, but they missed out on the stellar rally …
Italy’s CDP sounds out banks, funds on rival bid for TIM grid, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italian state lender CDP is sounding out banks that could help finance its offer for Telecom …
Retired Jersey Shore cop stole $47,000 from New Jersey PBA funds
FORKED RIVER, NJ – A recently retired police officer who also served as treasurer of the New Jersey Policeman’s Benevolent Association – Ocean County Conference …
Emerging market funds see big inflows in January on China reopening
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) – Emerging market bond and equity funds received heavy inflows in January after a dry patch last year, …
U.S. bond funds gain inflows for fourth week in a row
(Reuters) – U.S. bond funds drew money inflows for a fourth straight week in the seven days to Feb. 1, on hopes of slowing rate …
SEC asks big hedge funds for employee phone review – Bloomberg News
The U.S. Securities and Exchange Commission has asked some major hedge funds to review certain employees’ personal mobile phones for evidence of business dealings on …
Green leaning Gov. Murphy drops half million in COVID-19 relief funds on gas guzzling new SUVs
New Jersey Governor Phil Murphy on Tuesday defended his decision to spend a half million dollars of federal COVID-19 relief funds on a new fleet …
Chinese investors pivot to stocks from bonds on recovery hopes – funds report
SHANGHAI (Reuters) – Chinese investors are starting to shift money from bonds to stocks, betting on a robust recovery for riskier assets as the government’s …
U.S. Attorney Announces Settlement Of Civil Fraud Lawsuit Against Former Hunter College Professor And Hunter College For Fraudulently Using Federal Research Funds
Damian Williams, the United States Attorney for the Southern District of New York, announced today that the United States has filed and settled a civil …
U.S. bond funds draw inflows for third straight week
(Reuters) – U.S. bond funds obtained net inflows for a third straight week in the seven days to Jan. 25 as investors remained hopeful that …
Global equity funds attract inflows for third week in a row
(Reuters) – Global equity funds received inflows for a third straight week in the week to Jan. 25 as easing recession fears and hopes of …
Testa Calls Purchase of SUVs with Pandemic Funds to Chauffeur Democrat Leaders Disturbing
Sen. Michael Testa said it’s disturbing that Gov. Murphy and Democrat leaders chose to spend more than $500,000 of pandemic relief funds to buy new SUVs for the State Police to chauffeur them around the state.
University Funds Vocal Training For ‘Trans And Non-Binary Voices’
University Funds Vocal Training For ‘Trans And Non-Binary Voices’ Alexa Schwerha on January 26, 2023 The University of Wisconsin-Madison (UW Madison) funded vocal training for …
New Jersey Governor Spent More Than Half A Million Bucks On Motorcade SUVs Using COVID-19 Funds
Lorenzo Prieto on January 26, 2023 According to Politico, New Jersey’s governor approved the expenditure of more than half a million dollars from federal COVID-19 …
Iowa Gov Signs Into Law New School Choice Program That Funds Private School Students
Iowa Gov Signs Into Law New School Choice Program That Funds Private School Students Reagan Reese on January 24, 2023 Republican Iowa Gov. Kim Reynolds …
Germany won’t reallocate energy crisis funds – finance minister
BERLIN (Reuters) – Germany might not use the full 200 billion euros ($217.50 billion) earmarked for the government’s response to the energy crisis, Finance Minister …
Funds bet heavily on U.S. curve steepeners: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -A key part of the U.S. yield curve is the most inverted in decades and for hedge funds, enough …
U.S. bond funds attract inflows for second straight week
(Reuters) – U.S. bond funds attracted money inflows for a second straight week in the seven days to Jan. 18, buoyed by expectations that the …
Global equity funds post second weekly inflows in a row
(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on hopes over waning inflationary risks …
Hedge funds that punted early on China recovery reaped the rewards
By Summer Zhen Hong Kong (Reuters) – Hedge funds that bet on a swift shift in the country’s zero-COVID and regulatory policies in late 2022 …