Thursday, 14 May 2020

US money market assets increased in latest week: iMoneyNet

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US money market assets increased in latest week: iMoneyNet

U.S. money market fund assets increased by $26.28 billion to $4.716 trillion in the week ended May 12, the Money Fund Report said on Wednesday.

Florida business lender accused of accounting fraud settles with SEC

Miami-area direct lending firm TCA Fund Management Group Corp and its affiliates reached a settlement with U.S. securities regulators over allegations of fraudulent revenue recognition that inflated the value of its private funds, according to a judgment on Wednesday entered in Miami federal court.

Global hedge funds post April gains but still negative for the year: data

Global hedge funds posted their biggest monthly gain in more than a decade in April when stocks rocketed higher with the help of government rescue packages designed to fuel growth stalled by the coronavirus outbreak, according to new data on Thursday.

U.S. stock funds shed $10.8 million in week: Lipper

U.S.-based stock funds posted $10.8 billion in outflows in the week ended ON Wednesday, according to Lipper.

US money market assets increased in latest week: iMoneyNet

U.S. money market fund assets increased by $37.80 billion to $4.690 trillion in the week ended May 5, the Money Fund Report said on Wednesday.

Fund managers fish for dividend plays amid sharp cuts

Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a host of companies have slashed their payouts.

Your unemployment questions, answered

U.S. jobless claims have exceeded 30 million since the coronavirus outbreak hit the country, wiping out a decade of job gains and sending many Americans scrambling to find work and cash in on government aid.

US money market assets increased in latest week: iMoneyNet

U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said on Wednesday.

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