Wealth Management

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…]

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…]

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…]

Column: Trump tax deferral poses a bigger threat to Social Security than you might think

Column: Trump tax deferral poses a bigger threat to Social Security than you might think

Published 13/08/2020

CHICAGO (Reuters) - What happens to Social Security if we eliminate its funding? That is the question to ask after Donald Trump signed a presidential [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…]

Column: Keep Social Security and Medicare reform out in daylight where we can all watch

Column: Keep Social Security and Medicare reform out in daylight where we can all watch

Published 31/07/2020

CHICAGO (Reuters) - Charlie Rich, the late country music singer and songwriter, had it right when he crooned this famous line: “Oh, no one knows [more…]

U.S. stock funds shed $1.05 billion in week: Lipper

U.S. stock funds shed $1.05 billion in week: Lipper

Published 30/07/2020

(Reuters) - U.S.-based equity funds in the week ended Wednesday posted $1.05 billion in outflows, according to Lipper. Taxable bond funds attracted $9.37 billion, the [more…]

U.S. stock funds draw $3.3 billion in latest week: Lipper

U.S. stock funds draw $3.3 billion in latest week: Lipper

Published 23/07/2020

(Reuters) - U.S.-based stock funds in the week ended Wednesday saw $3.3 billion of inflows, according to Lipper. Taxable bond funds attracted $11.1 billion, the [more…]

Column: U.S. rule could halt social investing in 401(k) plans in its tracks

Column: U.S. rule could halt social investing in 401(k) plans in its tracks

Published 23/07/2020

CHICAGO (Reuters) - The idea of using investments to promote environmental and social causes has grown quickly in recent years, and retirement plans looked like [more…]