By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Sovereign debt sales from developing nations scaled an all-time record for January at $47 billion led by major and less risky emerging ma[...]
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Hong Kong billionaire Richard Li seeks to sell asset manager PineBridge -sources
By Selena Li and Kane Wu HONG KONG (Reuters) -Hong Kong investment firm Pacific Century Group (PCG), founded by billionaire Richard Li, is seeking to sell its majority stake in asset manager PineBridg[...]
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Investors yank over $100 billion from hedge funds in 2023 – Nasdaq eVestment
By Nell Mackenzie LONDON (Reuters) -Investors withdrew over $100 billion from hedge funds last year in a second consecutive year of outflows of this scale, according to a Nasdaq eVestment report on Tu[...]
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Kids in college? Here is how to save on car insurance
By Chris Taylor NEW YORK (Reuters) – If you are a proud parent whose child has grown up and gone off to college, congratulations! Now stop reading this and call your auto insurer. Ask what major[...]
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Crowded trades top worry list for hedge fund investors – BofA
By Nell Mackenzie LONDON (Reuters) – Concern that hedge fund portfolios contain too many of the same trades has shot up the worry list for global investors with hedge fund exposure, a Bank of Am[...]
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Column-Five new retirement numbers to know in 2024
By Mark Miller (Reuters) – The new year has brought some new math for anyone running their retirement planning numbers. Social Security checks are a bit higher this month, thanks to the annual c[...]
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Dubai sees rising appetite from Chinese asset managers -regulator chief
By Xie Yu HONG KONG (Reuters) – Chinese asset managers are lining up for licenses to operate in Dubai, said Ian Johnston, chief executive of the Dubai Financial Services Authority (DFSA), as war[...]
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Australia govt reshapes tax cuts to woo low-income voters, rejects inflation risks
By Renju Jose and Alasdair Pal SYDNEY (Reuters) -Australia’s centre-left Labor government on Thursday made changes to planned tax cuts, trimming benefits to the wealthy while giving low-income e[...]
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Bounce back better: tips for financial resilience
By Chris Taylor NEW YORK (Reuters) – Despite a bullish U.S. stock market and strong economy, workers axed in mass layoffs are struggling to get back on their feet. Recent cuts include 13% of the[...]
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