Money

Egypt`s Beltone Financial to launch $1 billion fixed income fund: CEO

Egypt`s Beltone Financial to launch $1 billion fixed income fund: CEO

Published 14/08/2017

Egypt's Beltone Financial will launch a $1 billion investment fund in fixed income instruments in September, its chief executive officer told Reuters on Monday. [more…]

Pimco`s Ivascyn says firm has built `above average` cash position

Pimco`s Ivascyn says firm has built `above average` cash position

Published 11/08/2017

Pacific Investment Management Co, which oversees more than $1.6 trillion of assets, has built up an above-average cash position firmwide and has held S&P put options as geopolitical and military risks mount, Dan Ivascyn, group chief investment officer at Pimco, said on Friday. [more…]

U.S. stock funds post largest withdrawals in five weeks: Lipper

U.S. stock funds post largest withdrawals in five weeks: Lipper

Published 10/08/2017

U.S. fund investors reduced their exposure to stocks and bought bonds during the latest week, Lipper data showed on Thursday, as saber-rattling between the United States and North Korea appeared to shake investor sentiment. [more…]

Institutions beat individuals on the active investment fool’s errand: James Saft

Institutions beat individuals on the active investment fool’s errand: James Saft

Published 09/08/2017

Institutions do better than individuals at active fund management, but given that both come out losers the underlying message is that picking stocks and bonds is a game neither group should play. [more…]

Looser bank regulation will do shareholders no favors: James Saft

Looser bank regulation will do shareholders no favors: James Saft

Published 05/08/2017

The Trump administration’s vision of a rollback in banking regulation isn’t just dubious medicine for the economy, it will do shareholders no favors. [more…]

U.S. taxable bond funds attract cash for fourth straight week: Lipper

U.S. taxable bond funds attract cash for fourth straight week: Lipper

Published 04/08/2017

Investors poured $1.8 billion into U.S.-based taxable bond funds during the latest , marking the fourth straight week of inflows into the funds, Lipper data showed on Thursday. [more…]

First Jobs: Very small roles for future Broadways stars

First Jobs: Very small roles for future Broadways stars

Published 03/08/2017

Even for a jaded town like New York City, there is something magical about a Broadway show. [more…]

Rolling dice in a speculative mania: James Saft

Published 31/07/2017

Financial markets are in the grip of something very like a speculative mania, which may well be good reason not to expect a crash soon.

[more…]

Investors stick with macro funds, hope for volatility comeback

Investors stick with macro funds, hope for volatility comeback

Published 31/07/2017

Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, July 28, 2017.

Lack of volatility in financial markets that has hit 'macro' hedge funds in the first half of the year has not stopped some investors from betting that things could get bumpier in the second half.

[more…]

Superstar firm vogue heads for fire of overvaluation or ice of regulation: James Saft

Published 28/07/2017

It may not happen soon but eventually the vogue for investing in “superstar firms” like Google, Facebook and Amazon will end in the fire of overvaluation or the ice of regulation.

[more…]