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 f[...]
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BlackRock assets hit record-high $10.65 trillion on ETF flows, rising stocks
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) – Assets managed by BlackRock hit a record $10.65 trillion in the second quarter thanks to rising client asset values and as investors pumpe[...]
Read moreHedge funds’ bets on software companies hit record lows, Morgan Stanley says
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds’ exposure to software stocks in the U.S. reached “new multi-year lows” last week after a broader sell-off in the techn[...]
Read moreAnalysis-Nvidia investor dilemma: how much is too much in a stock portfolio?
By David Randall NEW YORK (Reuters) – Outsized positions in artificial intelligence darling Nvidia have boosted portfolio managers’ returns this year but the bets stand to magnify risk if[...]
Read moreFactbox-Brokerages lift S&P 500 target on hopes for soft landing, rate cuts
(Reuters) – Brokerages have raised their year-end targets for U.S. stocks benchmark S&P 500, spurred by expectations of a “soft landing” for the economy and growing odds the Fede[...]
Read moreEuropean stocks are seeing outsized moves as hedge funds drive trading
By Nell Mackenzie, Dhara Ranasinghe and Samuel Indyk (Reuters) – European companies are seeing outsized gains and losses in their shares when they report earnings, a Reuters analysis shows, a tr[...]
Read moreARK Investment’s Cathie Wood defends strategy in letter to investors
By Suzanne McGee (Reuters) – Cathie Wood, founder and CEO of ARK Investment Management, defended the strategy of the firm’s money-losing flagship fund, telling investors in a letter releas[...]
Read moreAckman says his firm will put $500 million into Pershing Square USA
By Svea Herbst-Bayliss NEW YORK (Reuters) – Bill Ackman’s firm Pershing Square Capital Management will put $500 million into its new U.S.-listed investment holding company, the hedge fund[...]
Read moreUS watchdog proposes requiring help before mortgage foreclosures
(Reuters) -The top U.S. watchdog agency for consumer financial protection announced on Wednesday proposed regulations it said would require mortgage servicers to offer help to borrowers in difficulty[...]
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