By Tom Sims and John O’Donnell FRANKFURT (Reuters) – For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even London’s sewage[...]
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Europe
Love in a time of inflation: how much will Valentine’s Day set you back?
By Richa Naidu LONDON (Reuters) -This Valentine’s Day is set to look different after a year of record food inflation that has sent up prices of everything from flowers to chocolates and dining i[...]
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Soros Fund adds First Horizon, Horizon Therapeutics and bond ETF
By Carolina Mandl NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, added to its portfolio new shares in financial and healthcare companies and a bonds e[...]
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Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week at the fastest pace since 2015, surpassing the speed of the[...]
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New look CBDCs and cryptomarket to emerge from turmoil, top BIS official says
By Marc Jones LONDON (Reuters) – Cryptomarkets have not been killed off by last year’s turmoil, while the new wave of central bank digital currencies will face geopolitical limits, the Ban[...]
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China reopening spurs record inflows into emerging market funds -BofA
LONDON (Reuters) -Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week to Wednesday, in response to China’s easing of its COVID-19 restrictions on activ[...]
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Deutsche Bank investment bank bonus pool down less than 10% – source
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Deutsche Bank’s investment banking bonus pool for last year will fall by somewhat less than 10%, a person with knowledge of the matter sai[...]
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Global equity funds post second weekly inflows in a row
(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on hopes over waning inflationary risks and more measured rate hikes from the Federal Res[...]
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Davos 2023: U.S. consumers in ‘good shape’ as wages grow -BofA CEO
By Lananh Nguyen and Noor Zainab Hussain DAVOS, Switzerland (Reuters) -U.S. consumers are still in “pretty good shape,” even as the Federal Reserve raises interest rates to tame inflation,[...]
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