 | | | | Japanese equities sucked in their biggest inflows of cash this week since March 2018 ahead of the Bank of Japan's pledge to keep interest rates at super-low levels for longer - the latest central bank to commit to ultra-loose policy. | | | | | | Investors took a break from their buying binge of risk assets in the week ended Wednesday, as U.S.-based high-yield junk bond funds posted $520 million in cash withdrawals, according to Refinitiv's Lipper research service data on Thursday. | | | | | | The U.S. Treasury Department may float the idea of reducing the issuance of coupon-bearing debt at its upcoming May refunding after the Federal Reserve's decision to end its balance sheet normalization later this year, Bank of America Merrill Lynch analysts said. | | | | | | (The opinions expressed here are those of the author, a columnist for Reuters.) | | | | | | UBS Global Wealth Management has closed its overweight position in U.S. equities and shifted to an overweight in emerging market and Japanese stocks, it said on Thursday. | | | | | | The new managers of Columna Commodities Fund, a Luxembourg hedge fund which went into liquidation in early 2017, have said they are suing its former managers Alter Domus for $56 million in lost assets and fees. | | | | | | U.S. private equity firm Advent International Corp is preparing to launch a $2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters. | | | | | | Norway's sovereign wealth fund will pay about $98 million dollars to extend the term of its ownership in a portfolio of New York properties and to acquire a few new, the fund said on Wednesday. | | | | | |
