Investment Management and Fund Operators (TRBC)

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…]

London Stock Exchange’s Rathi to head UK financial watchdog

London Stock Exchange’s Rathi to head UK financial watchdog

Published 22/06/2020

LONDON (Reuters) - Nikhil Rathi, head of the London Stock Exchange’s UK division, has been appointed chief executive of the Financial Conduct Authority (FCA), Britain’s [more…]

Square Capital says it has issued $820 million of PPP loans

Square Capital says it has issued $820 million of PPP loans

Published 15/06/2020

NEW YORK (Reuters) - Square Capital, a unit of payments company Square Inc, said on Monday it has issued more than $820 million worth of [more…]

Prepping portfolios for next market storm? Not just gold and govvies

Prepping portfolios for next market storm? Not just gold and govvies

Published 09/06/2020

LONDON (Reuters) - G7 government bonds? Check. Gold? Check. But that may not be enough as the coronavirus crisis accelerates a hunt for a wider [more…]

France nears 1-billion-euro crisis fund for aero suppliers: sources

France nears 1-billion-euro crisis fund for aero suppliers: sources

Published 03/06/2020

PARIS (Reuters) - French government and industry officials are negotiating a 1-billion-euro, privately led investment fund for small aerospace suppliers in which major manufacturers could [more…]

Ackman says hedge fund up 27% year to date, dumped Berkshire

Ackman says hedge fund up 27% year to date, dumped Berkshire

Published 27/05/2020

BOSTON (Reuters) - William Ackman’s hedge fund is boasting double-digit gains at a time many portfolios have sunk along with the economy during the coronavirus [more…]

Northern Trust shutting fund- an outlier or sign of future risk?

Northern Trust shutting fund- an outlier or sign of future risk?

Published 20/05/2020

BOSTON (Reuters) - Northern Trust Corp’s decision to liquidate a $1.8-billion prime money market fund was seen as an outlier event by industry analysts on [more…]

Thyssenkrupp CEO: No taboos in steel consolidation plans

Thyssenkrupp CEO: No taboos in steel consolidation plans

Published 19/05/2020

FRANKFURT/DUESSELDORF (Reuters) - Thyssenkrupp’s CEO on Tuesday said there were no taboos in plans to consolidate its steel unit, marking a break with tradition under [more…]