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Chinese managers limited flows to US funds after Trump victory
ChinaAMC and Tianhong restricted subscriptions on expectations of increased investor interestWorld - Financial Times - 6 days ago -
Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist
The rise of thematic funds leads to Ponzi-like situations, say researchers.Business - MarketWatch - 6 days ago -
Pope warns the Vatican pension fund needs reform; employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reformsWorld - ABC News - 5 days ago -
Container Store Doesn't See Funding Deal With Beyond Closing
The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.Business - The Wall Street Journal - 6 days ago -
These tips for investing in mutual funds and ETFs help build a strong portfolio
Dividends, bitcoin and Beyoncé stir ETF interest.Business - MarketWatch - 5 days ago -
NI Water funding model fit for purpose, says minister
In March, an audit report said there should be a comprehensive expert review of how NI Water was funded and governed.Top stories - BBC News - 5 days ago -
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companiesSports - ABC News - 6 days ago -
Leveraged hedge funds magnified August market sell-off, Fed says
US central bank report pins blame for trading volatility partly on investors that had taken on too much debtWorld - Financial Times - 4 days ago -
Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary
The founder of Key Square Group was deemed a strong favorite to lead the Treasury Department, along with several other contenders.Business - CNBC - 4 days ago -
Trump picks hedge-fund investor Scott Bessent for treasury secretary
Job is one of most powerful in Washington with huge influence over US economy and financial markets. Trump’s administration and White House staffing picks and likely contenders – so far ...World - The Guardian - 4 days ago -
Trump picks hedge fund manager Scott Bessent to serve as treasury secretary
President-elect Donald Trump on Friday announced he had asked Scott Bessent, a hedge fund executive and top fundraiser to his campaign, to serve as secretary of the Treasury Department.Top stories - NBC News - 4 days ago -
Trump picks hedge fund exec Scott Bessent as treasury secretary
President-elect Trump announced a barrage of new picks for key roles in his administration, including hedge fund manager Scott Bessent to be his treasury secretary. NBC’s Aaron Gilchrist reports ...Politics - NBC News - 4 days ago -
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Arkansas couple uses wedding fund to save dog's life
Dylan McCay and his fiancée Emily Roberts emptied their wedding savings to save a dog's life after finding her severely injured. Their generosity sparked a fundraising campaign that raised $45,000. ...Top stories - CBS News - 2 days ago -
Regulator Sues Anti-Police Activist Who Spent Charity Funds on Himself
Brandon Anderson, who used his nonprofit’s accounts to rent mansions and buy luxury clothes, was featured in a New York Times story in August.Top stories - The New York Times - 2 days ago -
Flows jump after mutual fund-to-ETF conversions, BofA study shows
Increasing numbers of US managers are making the move offering investors multiple advantagesWorld - Financial Times - Yesterday -
Biden administration finalizes nearly $8B in CHIPS funding for Intel
Intel will receive about $7.86 billion in funding from the CHIPS and Science Act to build new semiconductor manufacturing facilities across four states under its finalized agreement with the Biden ...Politics - The Hill - 22 hours ago -
England’s top judge hits out at government’s refusal to boost court funding
Sue Carr says preventing full operating capacity at crown courts has had a ‘drastic effect’ in worsening backlogsWorld - Financial Times - 20 hours ago -
Scott Bessent’s fund made biggest returns with bet against Fed
Donald Trump’s Treasury secretary pick shorted vulnerable assets in 2022 to capitalise on post-pandemic inflationBusiness - Financial Times - 3 hours ago -
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Woolworths Cuts Expectations for Australian Food Earnings
Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...Business - The Wall Street Journal - October 29 -
GSK cuts vaccine sales target on reduced demand
U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.Business - MarketWatch - October 30 -
Dropbox to cut 20% of workforce as it moves to boost growth
Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...Business - MarketWatch - October 30