Tuesday 12 February 2019

Emerging markets most popular trade for first time in BAML survey

Reuters.com Newsletter

Emerging markets most popular trade for first time in BAML survey

Fund managers named emerging markets as the most crowded trade for the first time, ahead of the U.S. dollar and technology stocks, according to Bank of America Merrill Lynch's February survey released on Tuesday.

CalSTRS backs new activist hedge fund Impactive with $250 million

The California State Teachers' Retirement System (CalSTRS), the second largest U.S. pension fund said on Monday it made a $250 million investment with Impactive Capital, a new activist hedge fund that expects to start trading next month.

Your Money: The IRS Form 1040 looks different, in more ways than one

While this year's taxapalooza is off to a slow start because of the earlier U.S. government shutdown, one thing already is clear: your refund might be a whole lot smaller than you were expecting.

Short seller Carson Block targets medical device company Inogen

Prominent short seller Carson Block is saying that medical device company Inogen Inc has inflated the size of its markets and expects the stock price to fall.

Investors pump record amounts of cash in emerging markets: BAML

Investors pumped record high volumes of cash into emerging markets shares and bonds in the past week, Bank of America Merrill Lynch (BAML) said on Friday amid expectations U.S. monetary policy could lead to a weaker U.S. dollar.

Slowing global economic growth to deter U.S. rate hikes: RBC's Bishop

U.S. central bankers are done raising domestic interest rates amid signals from Asia and Europe that global economic growth is sputtering, according to RBC Wealth Management's lead fixed-income strategist.

'Socially Conscious' mutual fund launches at record high

(This Feb 6 story corrects Anastasia Georgiou title in paragraph four to .. Director of Product Management ..not.. analyst)

Medicare Part D no match for runaway specialty drug costs: study

When Medicare prescription drug insurance was created in 2003, the idea that beneficiaries with very high drug costs should pick up 5 percent of the tab seemed reasonable - but that was well before specialty drugs were invented that carry price tags in the tens of thousands of dollars.

Related Videos

Gucci joins luxe brands defying China slowdown

Electronic Arts' new game challenges Fortnite

Introducing the all-new
Reuters News app

The new Reuters News app is here, redesigned from the ground up to fit your busy life.

Get it now on iOS