Wednesday, 15 September 2021

Reuters Global Investor: ARK Invest's Wood expects market rotation back to growth stocks

ARK Invest's Wood expects market rotation back to growth stocks

Star stock picker Cathie Wood of ARK Invest on Tuesday reiterated her call that slowing economic activity in the United States will bolster growth stocks.

Wells Fargo pushes back return-to-office date to Nov. 1 - memo

Wells Fargo & Co on Tuesday pushed back the date when its employees return to office in the United States to the beginning of November, according to a memo seen by Reuters.

U.S. SEC chair wants private fund fee disclosures, bond market transparency -testimony

The chair of the top U.S. securities regulator wants private funds to disclose more information to investors about potential conflicts of interest and the fees they charge, according to congressional testimony published Monday evening.

Investors turn bearish on global economy though positioning upbeat - BofA survey

Barely a tenth of respondents in a monthly fund manager survey expect a stronger global economy in the coming months, marking the lowest proportion since last April's initial COVID-19 panic, Bank of America's (BofA's) September edition of the survey showed.

Interactive Brokers launches cryptocurrency trading

Interactive Brokers Group on Monday said it launched low-fee cryptocurrency trading on its platform, making it the latest online retail brokerage to add digital assets to its offerings.

Activist Ortelius pitches alternative financing for Capital Senior Living -sources

Activist investor Ortelius Advisors, one of the largest owners of Capital Senior Living Corp , is offering to provide a near-term cash infusion as an alternative to the company's proposed fund-raising plans, which Ortelius says would harm shareholders.

Brevan Howard expands further into crypto as institutional interest jumps

Hedge fund Brevan Howard said on Monday that it was expanding its crypto business, the latest sign that institutional interest in the asset class is gaining momentum.

Scaramucci's SALT hedge fund confab returns in person in New York City

A marquee Wall Street conference returns this week, but much like everyone's pandemic-era plans, the event hosted by hedge fund executive and former White House communications director Anthony Scaramucci, will be a little different this year.

China Evergrande outlines interim repayment plan for retail investors - REDD

Struggling property giant China Evergrande Group (3333.HK) repaid matured wealth management products of less than 100,000 yuan ($15,531) on Sept. 9 as part of an interim repayment plan for retail investors, financial information provider REDD reported on Friday.

China launches wealth management product pilots for retirement in four cities

China's banking and insurance regulator said on Friday it will launch wealth management product pilots in four cities aimed at retail investors looking to boost their retirement savings.

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