Funds

Citi’s Rousseau to focus on France, financial advisory across EMEA

Citi’s Rousseau to focus on France, financial advisory across EMEA

Published 01/09/2020

LONDON (Reuters) - Citigroup (C.N) has hired Robin Rousseau as a vice chairman of investment banking for Europe, the Middle East and Africa, a memo [more…]

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Vivendi and Amber to go to court over Lagardere’s EGM refusal

Published 01/09/2020

PARIS (Reuters) - French media conglomerate Vivendi (VIV.PA) and activist fund Amber Capital - the two biggest shareholders in French company Lagardere (LAGA.PA) - said [more…]

Why Buffett’s bet on Japan could turn on higher inflation, weakening dollar

Why Buffett’s bet on Japan could turn on higher inflation, weakening dollar

Published 31/08/2020

NEW YORK (Reuters) - Berkshire Hathaway Inc’s $6.2 billion foray into Japan’s five largest trading houses may signal billionaire Warren Buffett’s expectation that inflation and [more…]

Global funds once again opt out of stocks, despite rally, Reuters polls show

Global funds once again opt out of stocks, despite rally, Reuters polls show

Published 28/08/2020

BENGALURU (Reuters) - Funds recommended equity holdings be trimmed to the lowest in over four years in August, despite record-breaking gains by world stocks, as [more…]

Payment holiday parachute might COVID-proof government bonds, top fund says

Payment holiday parachute might COVID-proof government bonds, top fund says

Published 26/08/2020

LONDON (Reuters) - The option of a one-time payment holiday during times of intense crisis might enable countries to pandemic-proof their bonds, a prominent debt [more…]

EU watchdog flags harder line on cross-border funds management

EU watchdog flags harder line on cross-border funds management

Published 20/08/2020

LONDON (Reuters) - Brexit safeguards to stop asset managers in Britain running “shell” investment funds in the European Union to retain access to its markets [more…]

United States Oil Fund faces possible SEC action: filing

United States Oil Fund faces possible SEC action: filing

Published 19/08/2020

(Reuters) - The U.S. Securities and Exchange Commission is considering enforcement action against United States Oil Fund LP, the largest crude oil exchange-traded fund, due [more…]

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Berkshire slashes Wells Fargo, JPMorgan stakes- adds Barrick Gold

Published 15/08/2020

(Reuters) - Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said on Friday it has sold shares of some of the largest U.S. banks, slashing its stakes [more…]

U.S. equity funds post $5.6 billion weekly inflow: Lipper

U.S. equity funds post $5.6 billion weekly inflow: Lipper

Published 13/08/2020

(Reuters) - U.S. equity, municipal and taxable bond funds posted inflows in the week ended on Wednesday, while money market fund saw outflows, according to [more…]

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Former Millennium executive Zaino launches Keystone Capital, eyes biotech

Published 11/08/2020

BOSTON (Reuters) - Investor Fredric Zaino, who spent 15 years at hedge fund Millennium Management, has launched his own firm and plans to invest in [more…]