By Makailah Gause (Reuters) – Gen Z adults in the U.S. face increasing financial challenges because of inflation and rising living costs, with 46% relying on financial assistance from their pare[...]
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US private funds urge regulator to scrap other rules following appeals court victory
By Carolina Mandl NEW YORK (Reuters) – Private fund groups asked the Securities and Exchange Commission on Tuesday to withdraw three proposed rules aimed at investment advisers after a U.S. appe[...]
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Billionaire investor Ackman kicks off fundraising for new US fund
By Svea Herbst-Bayliss (Reuters) – Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on Tuesday, an effort people familiar with the matter say could bri[...]
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Goldman Sachs asset managers see US economy, stocks slowing
By Suzanne McGee (Reuters) -Goldman Sachs Asset Management (GSAM) executives expect the U.S. economy to grow at a slower clip of about 2% in the second half of 2024, they said on Tuesday, with equity[...]
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Singapore’s Temasek doesn’t rule out high-carbon investments on road to net zero
SINGAPORE (Reuters) – Singapore state fund Temasek will consider investing in fossil fuel and other carbon-intensive projects if they make environmental as well as commercial sense, it said on T[...]
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Asia investors wager on region’s rebound, China recovery
By Sameer Manekar and Anshuman Daga SINGAPORE (Reuters) – Asia’s rich and their bankers said they are backing an eventual recovery in China and betting exposure to a region that even in a[...]
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Hedge funds buy commodity stocks at fastest pace in five months, says Goldman
By Nell Mackenzie LONDON (Reuters) – Hedge funds bought commodity sensitive stocks in the week to July 5 at the fastest pace in five months, said a Goldman Sachs note to clients seen by Reuters[...]
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Hedge funds reach midyear with mishmash performance
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) -Hedge funds delivered a mixed first-half performance, with macro funds Caxton Associates and Brevan Howard struggling to maintain gains[...]
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State Street replaces UBS as custodian bank for Swiss government fund
ZURICH (Reuters) – U.S. bank State Street has won a mandate to act as custodian bank for a multibillion-dollar compensation fund of the Swiss federal government that was previously at UBS, autho[...]
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