Every fund that owns shares in the litigation-finance company holds it in a higher percentage than the company’s weighting in […]
Tag: fund
Bridgewater Associates optimistic for Brazil’s economy.
Over the next year, Bridgewater Associates has argued that economic growth in relation to potential will be the strongest in […]
Fed up with Facebook, U.S. fund managers look for alternatives
Concerns about the social media giant’s declining profit margins and battered reputation have prompted 93 U.S. mutual funds to completely […]
Pimco buys all of $3 billion UniCredit bond: sources
U.S. fund Pacific Investment Management Co has bought all of a $3 billion, five-year bond offered with a hefty return […]
Japan’s GPIF now able to hedge against risk in various currencies: president
Japan’s Government Pension Investment Fund (GPIF) is now able to hedge against fluctuation in the value of various currencies, the […]
Oil prices stabilize, but supply glut concerns weigh on sentiment
Oil prices stabilized on Thursday, reversing earlier declines, but market sentiment remained cautious over concerns that a supply glut may […]
A central bank digital currency could be around the corner, if you believe the IMF
The head of the International Monetary Fund believes it’s time for global central banks to explore the idea of a […]
Goldman Sachs bankers ‘cheated’ Malaysia over 1MDB: PM Mahathir
Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc (GS.N) “cheated” the country in dealings with state […]
Big investors sue 16 banks in U.S. over currency market rigging
A group of large institutional investors including BlackRock Inc and Allianz SE’s Pacific Investment Management Co has sued 16 major […]
Gold rises as investors weigh fallout of U.S. midterm verdict
Gold came off a one-week low to trade higher on Wednesday as investors sought cover from market volatility and uncertainty […]
