Bhinneka News Online: Under investor pressure, Goldman to explain trading strategy

Wednesday 30 August 2017

Under investor pressure, Goldman to explain trading strategy

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Wednesday, August 30, 2017

Under investor pressure, Goldman to explain trading strategy

NEW YORK (Reuters) - Goldman Sachs Group Inc will detail plans to turn around performance at its core bond-trading unit next month after unusual pressure from large investors frustrated by vague explanations of its troubles, people familiar with the matter told Reuters.

American Express targets debt-leery consumers with new card features

NEW YORK (Reuters) - American Express Co is unveiling a new option that could tempt young, budget-conscious consumers into taking on credit card debt.

Cash is king for U.S. fund investors wary of stocks

NEW YORK (Reuters) - Investors socked savings away and opted against loading up on U.S. stocks during the latest week, Lipper data for U.S.-based funds showed on Thursday.

Risk of sharp currency moves drives investors into hedged ETFs

LONDON/NEW YORK (Reuters) - Investors have been piling into currency-hedged equity tracker funds, seeking protection against big moves in foreign exchange rates.

Liechtenstein's LGT Bank plays up princely ties to woo Asian clients

ZURICH (Reuters) - Liechtenstein's LGT Bank, owned by the mini-state's ruling family, hopes to stand out in Asia's crowded private banking market by touting the clan's own track record of preserving wealth.

U.S. stock fund withdrawals largest of 2017: ICI

NEW YORK (Reuters) - Investors battered U.S.-based stock funds with the largest withdrawals this year as wild trading disrupted the market's summertime calm, Investment Company Institute (ICI) data showed on Wednesday.

Q&A: Ramit Sethi is back after 10 years with advice for entrepreneurs

NEW YORK(Reuters) - Known for his bracing, no-bull personal finance advice aimed at Generation Y and beyond, Ramit Sethi is also patient.

'Sustainable' funds lag behind booming ETFs

NEW YORK (Reuters) - The boom in exchange-traded funds is leaving so-called sustainable investing behind.

Paulson taps Constantinides to head IR at his hedge fund

BOSTON (Reuters) - Billionaire investor John Paulson promoted Tina Constantinides to head investor relations at his hedge fund Paulson & Co.

Hedge fund managers not optimistic about second half of 2017: industry survey

BOSTON (Reuters) - Hedge fund managers have a dim view of the second half of 2017 after a solid start to the year, an industry survey released on Thursday showed.