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

Click to View in Browser Thursday, August 24, 2017 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: Crystal-clear life lessons from Nadja Swarovski NEW YORK (Reuters) - From Michael Jackson's iconic white glove to the star on top of the Rockefeller Center Christmas tree, Swarovski crystals seemingly pop up everywhere. Mutual funds mark down investments in Uber by as much as 15 percent NEW YORK (Reuters) - Four mutual fund companies have marked down their investments in Uber Technologies Inc [UBER.UL] by as much as 15 percent following a scandal-ridden year for the ride-hailing company. Funds buy record amounts of longer-dated Treasuries at auctions NEW YORK (Reuters) - Investment funds purchased record amounts of longer-dated U.S. government debt during the quarterly refunding conducted in early August, according to Treasury Department data available going back to 2000. Hedge fund manager Dalio cuts risk amid worries about Washington BOSTON (Reuters) - Billionaire investor Ray Dalio, who has been expressing concerns about President Donald Trump in recent months, said on Monday he was cutting some of his exposure during a time of growing political and economic divisions. ADP rejects new board candidates, Ackman fires back (Reuters) - Automatic Data Processing Inc on Monday rejected billionaire investor William Ackman's three proposed board candidates, sparking more criticism from the hedge fund manager who is trying to shake up the human resources outsourcing firm. U.S. money market assets increased in latest week: iMoneyNet NEW YORK, Aug 23 (Reuters) - U.S. money market fund assets increased by $25.44 billion to $2.698 trillion in the week ended Aug 22, the Money Fund Report said on Wednesday. Vontobel to buy eastern European private banking portfolio from Notenstein ZURICH (Reuters) - Swiss bank Vontobel has agreed to buy a roughly 2 billion Swiss franc ($2.1 billion) portfolio of eastern European private banking clients from Notenstein La Roche Private Bank Ltd, it said on Monday. Doubling Down: Leveraged ETFs offer promise - and danger NEW YORK (Reuters) - In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London-based research firm ETFGI. Frankfurt and Dublin make bankers feel wanted in battle for Brexit jobs LONDON/DUBLIN (Reuters) - "I'm here to send you the regards of the Federal Chancellor. I am entitled to tell you we want you in Germany." This private message from Angela Merkel, delivered by a regional politician to Wall Street bankers last year, is having the desired effect. 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 opens higher; focus on Jackson Hole meeting U.S. jobless claims rise slightly as labor market tightens 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