Thursday, 1 March 2018

BlackRock says outside commentaries on index funds could pose risk

BlackRock says outside commentaries on index funds could pose risk

NEW YORK (Reuters) - BlackRock Inc, the world's largest asset manager, on Wednesday said that commentary by third parties suggesting possible adverse impacts from the growth in index investing could pose a risk to its business.

Pershing Square Holdings plans $300 million cash infusion

BOSTON (Reuters) - Pershing Square Holdings plans to buy back $300 million worth of its own shares, the company said on Wednesday after Dutch regulators threw up roadblocks that prevented billionaire investor William Ackman from making a tender offer himself.

Einhorn's Greenlight lost 6 percent in February, off 11.9 percent for year

BOSTON (Reuters) - Billionaire hedge fund investor David Einhorn told clients on Wednesday that his fund suffered fresh losses in February when markets tumbled because investors feared central bankers may have to hike interest rates more quickly.

Social Security fumbles duty to help widows maximize benefits

CHICAGO (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.)

Ali Shamekh resigns from CEO post at Libyan sovereign fund

LONDON (Reuters) - Ali Shamekh has resigned from his position as chief executive of Libya's contested sovereign wealth fund, saying divisions within Libya had made it impossible for him to implement a viable program, according to a statement.

Top stockpicker T. Rowe Price has boosted bonds, cash allocations

NEW YORK (Reuters) - Winning stockpicker T. Rowe Price Group Inc has a message for investors: do not give up on bonds.

Why Oppenheimer Global fund is focusing on biotech as rates rise

NEW YORK (Reuters) - The recent volatility in the global stock market may make some investors feel queasy, but it is providing a buying opportunity in biotechnology stocks.

Ivascyn generates big returns for Pimco Income Fund, not sound bites

NEW YORK (Reuters) - Dan Ivascyn, the group chief investment officer at Pacific Investment Management Co (Pimco), eschews making big, splashy investment or market calls, unlike his legendary predecessor, Bill Gross.

Banks increase CLO forecasts after Dodd-Frank court ruling

NEW YORK (LPC) - Banks are expecting increased US Collateralized Loan Obligation (CLO) fund issuance after a US court ruled that the funds will shortly be exempt from regulations that require managers to hold some of their deal.

U.S. volatility fund sponsor to tamp down risky strategy

(Reuters) - Two products designed to expose investors to market swings may become less turbulent.

Related Videos

Aaron Kennon on why investors are sanguine on inflation

Stocks rally as Fed eases rate worry, tech climbs

Read Reuters on the go

Download the free Reuters News app today for breaking news, analysis and market data from the world's most trusted news organization.

Get the app