Stock Market Survival

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BofA joins ‘Fed done hiking rates’ view; Barclays sees one more

BY Reuters  • November 15, 2023November 15, 2023
(Reuters) -BofA Global Research no longer expects the U.S. Federal Reserve to raise interest rates, joining other Wall Street banks, following softer-than-expected October inflation data in the world[...]
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Some fund managers see merit in China’s deeply discounted stocks

BY Reuters  • November 15, 2023November 15, 2023
(Corrects paragraph three to remove reference to Fidelity International being a U.S. asset manager) By Summer Zhen HONG KONG (Reuters) -After months of steering clear of China, global asset managers a[...]
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Payments app Zelle begins refunds for imposter scams after Washington pressure

BY Reuters  • November 13, 2023November 13, 2023
By Hannah Lang (Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer[...]
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Japan fund INCJ sells $1.8 billion of Renesas shares

BY Reuters  • November 10, 2023November 10, 2023
TOKYO (Reuters) -Japanese state-backed fund INCJ said it has sold all but a token portion of its stake in semiconductor manufacturer Renesas Electronics, offloading 279 billion yen ($1.84 billion) wor[...]
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Janus Henderson launches ETF focused on securitized products

BY Reuters  • November 9, 2023November 9, 2023
By Matt Tracy (Reuters) – Asset manager Janus Henderson on Thursday announced the launch of a new exchange-traded fund aimed at structured finance securities, in response to investor demand for[...]
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Global asset managers talk up China as long-term bet

BY Reuters  • November 8, 2023November 8, 2023
HONG KONG (Reuters) -Top executives at global asset managers on Wednesday talked up China at an event in Hong Kong on Wednesday, championing long-term investment opportunities in an economy battling t[...]
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Banking chiefs say market vulnerable to ‘geopolitical escalation’, regulatory push

BY Reuters  • November 7, 2023November 7, 2023
By Selena Li HONG KONG (Reuters) -Top global banking chiefs on Tuesday said they are concerned the financial sector’s next crisis may come from rising geopolitical uncertainty which could test f[...]
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Exclusive-Hedge fund Caxton wins on bond rout to claw back performance losses – sources

BY Reuters  • November 3, 2023November 3, 2023
By Nell Mackenzie LONDON (Reuters) -Well known hedge fund manager Andrew Law’s $12.5 billion Caxton Associates has clawed back much of the losses it made earlier this year, benefiting from bets[...]
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Private equity rushes to Gulf as fundraising dries up

BY Reuters  • November 3, 2023November 3, 2023
By Hadeel Al Sayegh and Anousha Sakoui RIYADH/LONDON (Reuters) – A growing number of private equity funds are opening offices in the Gulf, hoping to deepen their ties with cash-rich sovereign we[...]
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