Wealth

U.S. stock funds shed $4.6 billion in week: Lipper

U.S. stock funds shed $4.6 billion in week: Lipper

Published 02/07/2020

(Reuters) - The final days of the best quarter for the benchmark S&P 500 since 1998 were not enough to keep investors from pulling $4.6 [more…]

Top-performing U.S. equity funds this year are betting on a transformed world

Top-performing U.S. equity funds this year are betting on a transformed world

Published 02/07/2020

NEW YORK (Reuters) - U.S. equity funds that were able to best weather the global economic upheaval from the coronavirus pandemic this year are turning [more…]

Global hedge fund liquidations surge as coronavirus hurts returns: data

Global hedge fund liquidations surge as coronavirus hurts returns: data

Published 30/06/2020

BOSTON (Reuters) - More hedge funds went out of business during the first three months of 2020 than at any other time since 2015 as [more…]

Precious metals, biotech among second-quarter fund winners as markets rebounded

Precious metals, biotech among second-quarter fund winners as markets rebounded

Published 30/06/2020

NEW YORK/LONDON (Reuters) - Funds that rode the market’s rally to generate the highest second-quarter returns included those invested in assets such as mining stocks, [more…]

Rainy day hastens sovereign wealth funds’ refocus to home

Rainy day hastens sovereign wealth funds’ refocus to home

Published 25/06/2020

LONDON (Reuters) - Famed for snapping up glitzy real estate and stakes in troubled international banks during the global financial crisis, sovereign wealth funds are [more…]

How to control college costs in the age of COVID-19

How to control college costs in the age of COVID-19

Published 23/06/2020

NEW YORK (Reuters) - Tina Smets had long thought about getting a college degree, but that seemed impossible. As a mom of three kids, waitressing [more…]

Fund giant BlackRock ‘warming up’ to European assets

Fund giant BlackRock ‘warming up’ to European assets

Published 23/06/2020

LONDON (Reuters) - BlackRock’s Investment Institute said on Tuesday it was “warming up” to European assets following what it called the eurozone’s “impressive” efforts to [more…]

Column: What would private equity funds in 401(k)s mean for retirement savers?

Column: What would private equity funds in 401(k)s mean for retirement savers?

Published 12/06/2020

CHICAGO (Reuters) - Employer retirement plans are not known for their flashy investments - a majority of 401(k) investors these days use target date funds [more…]

U.S. money market assets decreased in latest week: iMoneyNet

U.S. money market assets decreased in latest week: iMoneyNet

Published 10/06/2020

NEW YORK, June 10 (Reuters) - U.S. money market fund assets decreased by $24.84 billion to $4.668 trillion in the week ended June 9, the [more…]

Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan

Column: Spend or hoard? Fate of forced savings could define pandemic recovery – Mike Dolan

Published 03/06/2020

(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) By Mike Dolan LONDON (Reuters) - Many [more…]