Tag: funds
No Jubilee celebration for FTSE 100 dropouts Royal Mail and ITV
June 1 (Reuters) - Royal Mail (RMG.L) and broadcaster ITV (ITV.L) will lose their spots on Britain's benchmark FTSE 100 (.FTSE) equity index after...
Private equity industry like a Ponzi scheme, says Amundi CIO
LONDON, June 1 (Reuters) - The private equity industry has grown into a pyramid scheme that will create casualties in around three to five...
Stock rally not enough to save ARK from record 7-month losing streak
NEW YORK, June 1 (Reuters) - A sharp rally in the broad U.S. stock market over the last week in May was not enough...
U.S. corporate bonds post first positive monthly return this year
NEW YORK, June 1 (Reuters) - U.S. corporate bonds posted their first positive monthly return this year in May as easing inflation jitters alleviated...
Trades in Russian shares show investors testing the exits
LONDON, June 1 (Reuters) - A handful of attempts to privately trade depositary receipts in VTB and Gazprom show how some Western investors are...
The Bolsheviks to Putin: a history of Russian defaults
LONDON, June 1 (Reuters) - In 1918, Soviet revolutionary Leon Trotsky told Western creditors aghast at the Bolsheviks' repudiation of Russia's external debt: "Gentlemen,...
Binance’s venture capital arm raises $500 mln fund to invest in Web3, blockchain
June 1 (Reuters) - Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million for its...
Telefonica shortlists Allianz, CDPQ for Spanish fiber network deal – sources
LONDON, June 1 (Reuters) - Telefonica (TEF.MC) has admitted Allianz Global Investors and Canadian pension fund CDPQ to the final stages of an auction...
Head of Deutsche Bank’s DWS steps down after ‘greenwashing’ raids
The chief executive of top German asset manager DWS (DWSG.DE) will step down next week, he said on Wednesday, a day after raids by...
Fidelity’s crypto unit to double down on hiring this year
May 31 (Reuters) - (This May 31 story corrects second paragraph to say Fidelity Digital Assets plans to fill 210 new positions, and not...
Analysis: Treasury market faces liquidity risks as Fed pares balance sheet
With the Federal Reserve set to begin letting bonds mature off its $9 trillion balance sheet, the key metric to watch will be whether...
After P&G revamp, activist investor Peltz moves on to Unilever
Billionaire activist Nelson Peltz will join the board of Unilever (ULVR.L), the consumer goods giant said on Tuesday, heaping pressure on the maker of...