Reuters Money: June 14, 2017

Click to View in Browser Wednesday, June 14, 2017 U.S. muni market slowly starts paying heed to cyber risks NEW YORK (Reuters) - A rise in cyber attacks on U.S. public sector targets so far has had little impact in the $3.8 trillion municipal debt market, with no issuer as yet hit by a downgrade or higher borrowing costs because of a cyber security threat. Big investors, unfazed by techs' roller coaster, buy 'FANG' stocks NEW YORK (Reuters) - Large investors, whose high exposure to large-cap technology stocks boosted their returns during the first quarter of the year, are doubling down on their investments even as stocks like Apple Inc and Facebook Inc stumble. Gundlach warns U.S. low-risk financial environment could change NEW YORK (Reuters) - The lengthy low-risk, low-volatility U.S. financial environment should not be viewed as a "new paradigm," influential bond investor Jeffrey Gundlach said on a webcast on Tuesday. Morgan Stanley developing online mortgage application tool NEW YORK (Reuters) - Morgan Stanley is developing a new digital mortgage application tool in a bid to get more of its existing clients to turn to it for home loans, its wealth management technology head said on Tuesday. Bill Gross advises investors to cut risk on U.S. growth woes NEW YORK (Reuters) - Bond investor Bill Gross warned on Tuesday that investors should reduce their risk appetite, given the U.S. growth rate is stunted by secular forces "which monetary and even future fiscal policies seem unable to reverse." Scooters instead of boardroom 'kabuki': how one fund manager picks winners BOSTON (Reuters) - Mitch Golden scrutinizes hedge fund managers and their investment ideas in a variety of settings from the back of a motor scooter in Ho Chi Minh City to a park bench in New York's Central Park. The lieutenant of billionaire investor David Einhorn says it gives him the sort of perspective he can't get from sitting in an office. Deutsche Bank's wealth management arm to hire 100 client managers (Reuters) - Deutsche Bank AG's wealth management division said on Monday it plans to hire about 100 client managers worldwide this year, as part of its efforts to win more super-rich customers, particularly in the Asia-Pacific region. NY billionaire Charles Cohen's tips for surviving tough businesses NEW YORK (Reuters) - Next time you are in Manhattan, take a look around, and you will see the fingerprints of Charles Cohen pretty much everywhere. Adrangi's Kerrisdale sees ViaSat share price tumbling 50 pct BOSTON(Reuters) - Kerrisdale Capital, a small hedge fund managed by Sahm Adrangi who has built a reputation by betting against satellite companies, is taking on ViaSat Inc.'s, declaring its stock should be trading at half of its current price. The corporate governance flaw at heart of investment management: James Saft (Reuters) - Lousy incentives for corporate stewardship is a flaw at the heart of our system of delegated asset management. 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 Weak U.S. retail sales, consumer prices put spotlight on Fed Dow hits record high at open; Fed in focus 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