Wealth

After Woodford fund suspension, focus turns to its stewards

After Woodford fund suspension, focus turns to its stewards

Published 17/06/2019

LONDON (Reuters) - The suspension of Neil Woodford’s flagship fund has put the focus on a little known firm tasked with ensuring his investors were [more…]

Your Money: Millennials should shrug off annuities for now

Your Money: Millennials should shrug off annuities for now

Published 17/06/2019

NEW YORK (Reuters) - The days of guaranteed pensions from work are long gone, but can annuities make up the difference for millennials? Congress is [more…]

Father Figures: Dad’s best financial advice

Father Figures: Dad’s best financial advice

Published 14/06/2019

NEW YORK (Reuters) - Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines. Another inheritance, perhaps [more…]

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Published 14/06/2019

(Reuters) - Daniel Loeb’s activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off [more…]

Australian regulator slaps stricter conditions on AMP’s pension…

Australian regulator slaps stricter conditions on AMP’s pension…

Published 14/06/2019

SYDNEY (Reuters) - Australia’s banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd’s pension fund units following concerns regarding its [more…]

Risk appetite emerges as U.S.-based equity funds attract $4.4 billion

Risk appetite emerges as U.S.-based equity funds attract $4.4 billion

Published 13/06/2019

(Reuters) - U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, [more…]

Burnout Nation: How companies are de-stressing workforces

Burnout Nation: How companies are de-stressing workforces

Published 13/06/2019

NEW YORK (Reuters) - No matter who you are or what you do, let me take a wild guess: You feel a little burned out [more…]

Seeking shelter from trade war, fund managers bet on China’s consumers

Seeking shelter from trade war, fund managers bet on China’s consumers

Published 13/06/2019

SYDNEY/HONG KONG (Reuters) - China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are [more…]

Investors piled into U.S. Treasuries, money-market funds amid trade…

Investors piled into U.S. Treasuries, money-market funds amid trade…

Published 06/06/2019

(Reuters) - Investors’ aversion to risk-taking intensified in the latest week, stemming from trade tensions between the United States and China as well as Mexico, [more…]

Investment bank environment still very fragile says UBS

Investment bank environment still very fragile says UBS

Published 06/06/2019

ZURICH (Reuters) - Investment banking conditions have improved over recent months but remains “very fragile,” UBS Chief Executive Sergio Ermotti said on Thursday, adding the [more…]