Wealth Management

Investors shun equities, pile into bonds in past week: BAML

Investors shun equities, pile into bonds in past week: BAML

Published 17/05/2019

LONDON (Reuters) - Investors are neither extremely bullish nor bearish, according to Bank of America Merrill Lynch’s gauge of market sentiment, as they weigh the [more…]

U.S.-based equity funds post $12.27 billion outflows amid…

U.S.-based equity funds post $12.27 billion outflows amid…

Published 16/05/2019

(Reuters) - Investors rattled by lingering trade tensions between the United States and China pulled $12.27 billion from U.S.-based equity funds in the week ended [more…]

Soros Fund Management increases stake in Tesla convertible bonds:…

Soros Fund Management increases stake in Tesla convertible bonds:…

Published 15/05/2019

(Reuters) - Billionaire George Soros’ investment firm, Soros Fund Management Llc, raised its stake in Tesla Inc’s (TSLA.O) convertible bonds due in 2021 by 17.5 [more…]

Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings

Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings

Published 15/05/2019

(Reuters) - Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according [more…]

Peltz’s Trian Fund may push for changes at mutual fund Legg Mason

Peltz’s Trian Fund may push for changes at mutual fund Legg Mason

Published 14/05/2019

NEW YORK (Reuters) - Nelson Peltzs’ Trian Fund Management LP may push Legg Mason Inc. to implement changes to boost returns, a person familiar with [more…]

U.S. growth would have contracted without trillions in government,…

U.S. growth would have contracted without trillions in government,…

Published 14/05/2019

(Reuters) - U.S. growth appears to be based “exclusively” on government, corporate and mortgage debt and the economy would have contracted if the United States [more…]

Berkshire’s Brooks Running unit adapts as the science of running…

Berkshire’s Brooks Running unit adapts as the science of running…

Published 10/05/2019

OMAHA, Neb. (Reuters) - Preventing injuries from running shoes is a science for Jim Weber, the chief executive of Brooks Running, a unit of Warren [more…]

Investors pull more than $20 billion from stocks on ‘trade deal…

Investors pull more than $20 billion from stocks on ‘trade deal…

Published 10/05/2019

LONDON (Reuters) - Global equities have seen outflows of $20.5 billion in the past week as “trade deal trauma” pushed more money into bonds, Bank [more…]

Scaramucci celebrates hedge funds in Vegas at SALT with less glitz

Scaramucci celebrates hedge funds in Vegas at SALT with less glitz

Published 09/05/2019

LAS VEGAS (Reuters) - After a one-year pause, the hedge fund industry schmooze fest organized by Anthony Scaramucci, the investment manager who briefly served as [more…]

TPG signs deal to takeover management of Abraaj’s healthcare fund

TPG signs deal to takeover management of Abraaj’s healthcare fund

Published 09/05/2019

DUBAI (Reuters) - U.S. private equity firm TPG said on Thursday it has signed a definitive agreement to takeover the management of a healthcare fund, [more…]