funds
SHANGHAI/HONG KONG (Reuters) – Major Chinese fund companies announced a reduction in fees for a batch of equity exchange-traded funds (ETFs) on Wednesday, intensifying price competition in the rapidly expanding $400 billion sector of the market. The move to cut management and custodian fees came a day after Wu Qing,…
By Maxwell Akalaare Adombila ACCRA (Reuters) – Ghana is clamping down on private pension fund managers who want to invest in offshore assets on concerns it could worsen pressure on its cedi currency, three industry sources told Reuters. After pension reforms in 2010, workers’ retirement contributions in the world’s number…
By Carolina Mandl NEW YORK (Reuters) -Hedge funds piled into bets on financial stocks, Tesla (NASDAQ:) shares and a prison operator in the third quarter, filings showed, ahead of a rally that followed Donald Trump’s victory in the U.S. presidential election. Many of the bets have become known as so-called…
Warren Buffett has grown Berkshire Hathaway’s cash pile to more than $300 billion — a record high.The famed investor has halted stock buybacks and pared key holdings such as Apple and Bank of America.Buffett, 94, is facing a bargain drought and may be preparing to hand over control of Berkshire.…
Investing.com — In a recent interview, Investing.com spoke with Luciano Duque, the Chief Investment Officer of C3 Bullion, and Christopher Werner, the chairman and CEO of C3 Bullion, to understand how they are changing the perception of from a static asset into a revenue-generating investment. Traditionally, gold has been regarded…
By Mike Dolan LONDON (Reuters) – A flood of money was expected to cascade from U.S. cash funds to riskier assets as interest rates began to tumble. But so far, this flood has been missing in action, raising the question of whether this is a sign of extreme caution, plain…
By Abhijith Ganapavaram and Utkarsh Shetti (Reuters) -Boeing set out to shore up its sagging finances on Tuesday, announcing plans to raise up to $25 billion through stock and debt offerings and a $10 billion credit agreement with major lenders amid a production and regulatory crisis. It was not clear…
By Ross Kerber (Reuters) – JPMorgan Chase & Co (NYSE:) CEO Jamie Dimon recently confronted public pension fund managers about channeling more of their investments into private assets, a trend he said could be at odds with their stated policy concerns. “You call me up and talk to us about…
Investing.com — Hedge funds have shown their value in protecting portfolios during times of significant market volatility, as seen in August 2024. UBS analysts in a note flagged that hedge funds, especially those using non-directional strategies, took advantage of market disruptions while also protecting against losses in stocks and bonds. …
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds are their most bullish on the Japanese yen in eight years, but as their ‘long’ positions grow and the currency strengthens, yen volatility is also rising. This raises the question whether the huge turnaround in the yen’s fortunes recently, reflected in the…
