By Nell Mackenzie LONDON (Reuters) -A wager that stock markets would stay calm has cost retail traders, hedge funds and pension funds billions after a selloff in global stocks, highlighting the risks of piling into a popular bet. The CBOE […]
Traders lose billions on big volatility short after stocks rout Read More »
By Huw Jones LONDON (Reuters) – Britain’s markets watchdog proposed a traffic light system on Wednesday showing savers how much value for money they get from their pension, with laggards possibly having their assets moved to a better performing plan
Britain plans traffic light system to end poor-value pensions Read More »
PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted better-than-expected quarterly inflows on Friday, driven by its Asian joint ventures amid a sustained demand for risk-averse products. Amundi’s total assets under management (AUM) rose by 15.5 billion euros ($16.8 billion)
Amundi’s Q2 net inflows beat estimates on Asian contributions Read More »
By Samuel Shen, Selena Li and Julie Zhu (Reuters) – Two of China’s leading fund managers have capped staff’s annual income and will claw back any excess, five people with direct knowledge of the matter said, in the first such
MUMBAI (Reuters) – The sharp jump in derivative trading by Indian retail investors is likely driven by a “gambling instinct”, a finance ministry report said on Monday, cautioning that any sharp correction in the stock market could drive away young
(Reuters) – Berkshire Hathaway sold about 33.9 million shares of Bank of America for around $1.48 billion over multiple transactions this week, a regulatory filing showed. After the sale, Berkshire owned about 999 million BofA shares. (Reporting by Chandni Shah
Berkshire sells around $1.48 billion Bank of America shares, filing shows Read More »
By Chris Taylor NEW YORK (Reuters) – When you envision retirement with a partner, what does it look like? Probably retiring at the same time, as you both wave goodbye to the workforce and look forward to new adventures. The
Four reasons why couples should consider staggered retirements Read More »
(Corrects quote in paragraph 7 to “It used to be…” not “It is still…”) SINGAPORE (Reuters) -Singapore state fund Temasek will consider investing in fossil fuel and other carbon-intensive projects if they make environmental as well as commercial sense, it
Singapore’s Temasek doesn’t rule out high-carbon investments on road to net zero Read More »
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) -Hedge funds delivered a mixed first-half performance, with macro funds Caxton Associates and Brevan Howard struggling to maintain gains while a couple of multi-strategy and systematic funds went gangbusters, according to
Hedge funds reach midyear with mishmash performance Read More »
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds in June sold U.S. shares of technology, media and telecommunications (TMT) companies at the fastest pace since 2016, mainly driven by semiconductor stocks, Goldman Sachs said in note. The sales
Hedge funds dump tech stocks at fastest pace since 2016, bank shows Read More »
