Category Archives: Syndicated
Global equity funds see higher outflows on rate hike concerns -Lipper
(Reuters) Outflows from global equity funds ramped up in the week to Sept. 29 on expectations that major central banks would lift interest rates soon amid concerns that inflation could persist for longer. According to data from Lipper, investors sold […]
Stock futures muted heading into first full week of trading in October
(CNBC) U.S. stock futures were muted in early morning trading on Monday as investors readied for the first full week of trading in October and the fourth quarter. Dow futures rose just 10 points. S&P 500 futures and Nasdaq 100 […]
Stocks are at a 70-year high as a share of household financial wealth
(CNBC) Overall U.S. household wealth has never been this high, thanks largely to gains in the stock market that are a bigger share of that prosperity than ever before. In fact, equity holdings now make up about half of the […]
Market is unprepared for the inflation fallout, Wharton’s Jeremy Siegel warns
(CNBC) Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. To read this […]
October may have a bad reputation, but stocks are entering a normally positive period
(CNBC) October may have a bad reputation, but the fourth quarter has mostly been a positive time for stocks. Despite worries about central bank tightening, the debt ceiling, Chinese developer Evergrande and Covid-19, many strategists expect stocks to eclipse recent […]
Fund launches outweigh closures in Q2 as industry maintains momentum
(Hedgeweek) New hedge fund launches continue to outnumber closures this year, new industry data shows. To read this article:
Activist investor Elliott owns “significant” stake in Toshiba as review conducted
(Reuters) Hedge fund Elliott Management said it owns a “significant” stake in troubled Japanese industrial conglomerate Toshiba Corp, which is conducting a strategic review amid pressure from other investors that could include a sale of the company. To read this […]
Franklin Templeton acquires O’Shaughnessy Asset Management
(Opalesque) Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton, today announced that it will acquire O’Shaughnessy Asset Management, LLC , a leading quantitative asset management firm. Through this acquisition, Franklin Templeton adds to its offerings in […]
Hedge fund launches steady as investors position for higher interest rates
(Opalesque) New hedge fund launches remained steady through mid-2021, according to the latest HFR Market Microstructure Report, released today by HFR®. The prevailing trend in launches continued as strong HFRI gains drove total industry capital toward a historic milestone while […]
HSBC, BlackRock, Nestle to help design nature-driven risk framework
(Reuters) HSBC (HSBA.L), BlackRock (BLK.N) and Swiss Re (SRENH.S) are among the companies seeking to create a risk management and disclosure framework aimed at moving capital away from activities that damage nature. To read this article:
BlackRock requires over half its workers return to office on Nov 1
(Reuters) BlackRock Inc will require more than half of its employees to work from the office for three days a week on average starting November, according to an internal memo seen by Reuters on Thursday. To read this article:
Billionaire Leon Black sues rape accuser and law firm, alleging defamation and racketeering
(Reuters) Billionaire investor Leon Black has escalated his battle against a former model who accused him of rape, filing a lawsuit on Thursday accusing her and her law firm of defamation and racketeering conspiracy. To read this article: