Money

U.S. fund investors snap up international stocks: Lipper

U.S. fund investors snap up international stocks: Lipper

Published 10/11/2017

U.S. investors favored international stock markets, pushing $4.1 billion into equity funds focused abroad during the most recent week, dodging risks at home, Lipper data showed on Thursday. [more…]

Proxy advisers back Vanguard, smoothing path in fund votes

Proxy advisers back Vanguard, smoothing path in fund votes

Published 09/11/2017

Proxy advisers Institutional Shareholder Services and Glass Lewis & Co each recently backed Vanguard Group Inc's management on fund trustee nominees and administrative items set for a rare shareholder vote next week, according to recommendations seen by Reuters. [more…]

Freedom Debt Relief will contest U.S. consumer agency lawsuit

Freedom Debt Relief will contest U.S. consumer agency lawsuit

Published 09/11/2017

The largest U.S. debt-settlement services provider said on Thursday it would "vigorously contest" a lawsuit filed against it by the U.S. Consumer Financial Protection Bureau. [more…]

China approves interbank bond derivatives trade for overseas investors

China approves interbank bond derivatives trade for overseas investors

Published 09/11/2017

China's central bank said on Thursday that foreign investors would be permitted to trade in bond derivatives in the country's interbank market. [more…]

MSCI blocks new stocks lacking voting rights from some indexes

MSCI blocks new stocks lacking voting rights from some indexes

Published 03/11/2017

MSCI Inc will temporarily ban new companies that deny equal voting rights to shareholders from two market indexes, intensifying a debate over who should police perceived lapses in corporate governance. [more…]

U.S.-based stock funds take in most cash since May: Lipper

U.S.-based stock funds take in most cash since May: Lipper

Published 03/11/2017

Reluctant investors warmed to stocks in October, stockpiling $19.3 billion in U.S.-based equity funds, marking the first month of positive inflows for the funds since May, when they took in $31.8 billion, Lipper data showed on Thursday. [more…]

Pimco Income Fund hits $102.4 billion in assets under management

Pimco Income Fund hits $102.4 billion in assets under management

Published 02/11/2017

Pimco Income Fund, run by group Chief Investment Officer Dan Ivascyn, reached $102.4 billion in assets under management (AUM) as of the end of October, Pacific Investment Management Co said late Thursday. [more…]

Risky assets heading for best year: BAML

Risky assets heading for best year: BAML

Published 27/10/2017

Voracious investor appetite is set to make this by far the strongest year for inflows into stocks and corporate debt, Bank of America Merrill Lynch strategists said on Friday. [more…]

Volatility fails to scare investors in U.S. stock, bond funds: Lipper

Volatility fails to scare investors in U.S. stock, bond funds: Lipper

Published 27/10/2017

Investors endured jolts to both stocks and bonds, pouring even more cash into funds tracking both markets during the latest week, according to Lipper data released on Thursday. [more…]

U.S. Treasury pushes back on bank-like rules for asset managers, insurers

U.S. Treasury pushes back on bank-like rules for asset managers, insurers

Published 26/10/2017

The U.S. Treasury on Thursday rejected the idea of singling out specific asset management and insurance firms as systemically risky, indicating that they are unlikely to be designated as “too big to fail” and slapped with additional oversight under the administration of President Donald Trump. [more…]