Wednesday, 2 May 2018

The big comeback: Hedge fund managers at Milken predict industry rebound

The big comeback: Hedge fund managers at Milken predict industry rebound

BEVERLY HILLS, Calif. (Reuters) - Hedge funds, following an extended period of low investor confidence and unspectacular returns, are poised to be great again, according to managers at a West Coast gathering of some of the world's largest investors.

Gabelli's new fund sees pets as pick of the litter for investors

(Reuters) - A potential new U.S. fund could help investors profit from their devotion to cats, dogs and other house pets.

U.S. states' lagging revenue, tax reform weigh on credit quality: report

NEW YORK (Reuters) - Slow revenue growth and challenges from the recent U.S. tax reform are hurting many U.S. states' credit quality, said global investment management firm Conning on Tuesday as it issued a negative outlook for the sector for the rest of 2018.

New Zealand asks banks whether tainted by Australian misconduct

WELLINGTON (Reuters) - New Zealand financial authorities have met with the country's biggest banks seeking assurances they are not engaged in the sort of misconduct exposed at their Australian parent banks by a powerful judicial inquiry.

China's HNA drops bid to buy Scaramucci's SkyBridge due to regulatory hold-up

(Reuters) - Chinese conglomerate HNA Group has dropped its bid for most of SkyBridge Capital, a hedge fund investment firm founded by U.S. President Donald Trump's former aide Anthony Scaramucci, as the deal was still stuck with U.S. regulators after more than a year.

Benefit of Trump tax cuts overshadowed by technology and misplaced policies: Milken conference speakers

LOS ANGELES (Reuters) - The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back "animal spirits" that encourage risk-taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday. 

Kerry Kennedy, Ashley Judd at Milken push for more economic representation for women

BEVERLY HILLS, Calif (Reuters) - Women speakers at the Milken Institute Global Conference on Monday called for a new push for change in the corporate world and investing now that the #MeToo movement has spread to industries outside of Hollywood.

Highlights: CFTC's Giancarlo at Milken calls bitcoin craze 'generational'

Highlights from this week's Milken Institute Global Conference in Beverly Hills.

Global elites to hash out #MeToo sexual misconduct issues at Milken Conference

LOS ANGELES (Reuters) - The global social media movement known through the Twitter hashtag #MeToo has highlighted sexual misconduct in business, entertainment and politics, and will be on the agenda at this year's Milken Institute Global Conference, which starts on Sunday.

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