Reuters Money: May 19, 2017

Click to View in Browser Friday, May 19, 2017 Time up on Trump trade, hedge funds look abroad LAS VEGAS (Reuters) - Hedge fund managers said they are looking beyond the United States for investment ideas as the so-called Trump bump stock market rally shows signs it may be fizzling. Washington dreams on hold, Scaramucci revels in Las Vegas glow LAS VEGAS (Reuters) - Anthony Scaramucci was soaking up plenty of love this week at his high-profile hedge fund conference even as his political ambitions remained in limbo. Humbled by Valeant, Ackman goes back to basics LAS VEGAS (Reuters) - Bill Ackman said on Thursday he is poised to go on a great investment run after a humiliating bet forced his hedge fund firm to return to basics. Tourbillon's Karp says Sarepta shares could surge 200 percent LAS VEGAS (Reuters) - Hedge fund manager Jason Karp on Thursday said that shares of Sarepta Therapeutics Inc could climb as much as 200 percent and noted the biotech company could be an attractive takeover candidate. Third Point's Loeb surfs on as hedge fund washout continues LAS VEGAS (Reuters) - Billionaire investor Daniel Loeb said on Thursday that he is still making money even as the hedge fund industry struggles. Cooperman, Omega settle SEC insider trading charges for $4.95 million (Reuters) - Billionaire hedge fund manager Leon Cooperman and his firm Omega Advisors Inc agreed on Thursday to pay $4.95 million to settle the U.S. Securities and Exchange Commission's insider trading lawsuit against them. Hedge fund Hoplite pitches Nike as long bet, sees shares doubling LAS VEGAS (Reuters) - Hedge fund Hoplite Capital Management's John Lykouretzos on Thursday pitched Nike Inc as a favorite long position, saying that its stock price could double within three years amid strong international growth. Your Money: Advice on boomerang kids from money pros who know NEW YORK (Reuters) - George Gagliardi knows the old adage about the shoemaker with barefoot kids: The financial adviser has two adult sons bunking at home. Jim Chanos slams Express Scripts and Mallinckrodt over high drug prices LAS VEGAS (Reuters) - Noted short-seller Jim Chanos on Thursday criticized the alliance between Mallinckrodt Plc which uses the pharmacy benefits manager Express Scripts as the exclusive distributor for its drug Acthar. Sovereign funds pull $18.4 billion from global markets in first quarter 2017 LONDON (Reuters) - Sovereign wealth funds pulled $18.4 billion from global stock and bond markets in the first quarter of 2017, notwithstanding robust equity gains in this period, data from research firm eVestment showed on Thursday, Related Video Nick Colas on how the jobs report impacts the markets Art Hogan on why the market is in a tug of war Related News Wall Street gains as Trump rout eases U.S. stocks suffered $8.9 billion outflow as Trump storm built Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook