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Risk appetite emerges as U.S.-based equity funds attract $4.4 billion

1 month ago DieselGasoil Comments Off on Risk appetite emerges as U.S.-based equity funds attract $4.4 billion
(Reuters) – U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv’s Lipper, as the United States and Mexico struck a deal to avert tariffs. U.S.-based high-yield junk bond funds – which move in sympathy with equity flows – Read More

Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 billion

1 month ago DieselGasoil Comments Off on Appetite for risk-taking emerges as U.S.-based equity funds attract $4.4 billion
(Reuters) – U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv’s Lipper, as the United States and Mexico struck a deal to avert tariffs. U.S.-based high-yield junk bond funds – which move in sympathy with equity flows – Read More

Burnout Nation: How companies are de-stressing workforces

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NEW YORK (Reuters) – No matter who you are or what you do, let me take a wild guess: You feel a little burned out right now. FILE PHOTO: A trader looks at his screen on the IG Group trading floor in London March 18, 2013. REUTERS/Neil Hall Was I right? If so, you are Read More

Factbox: Safe havens emerge in China, South Asia as recession risks grow

1 month ago DieselGasoil Comments Off on Factbox: Safe havens emerge in China, South Asia as recession risks grow
HONG KONG/SYDNEY (Reuters) – Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold. But in Asia, investors are exploring new sanctuaries, from Chinese consumer stocks to Thai government bonds, some of which have thrived Read More

Morgan Stanley wants majority stake in Chinese joint venture: CEO

1 month ago DieselGasoil Comments Off on Morgan Stanley wants majority stake in Chinese joint venture: CEO
FILE PHOTO: James P. Gorman, chairman & CEO of Morgan Stanley, testifies before a House Financial Services Committee hearing on “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 Years After the Financial Crisis” on Capitol Hill in Washington, U.S., April 10, 2019. REUTERS/Aaron P. Bernstein MONTREAL (Reuters) – Morgan Stanley wants to Read More

Jeffrey Gundlach’s DoubleLine to launch Income Fund: SEC filings

1 month ago DieselGasoil Comments Off on Jeffrey Gundlach’s DoubleLine to launch Income Fund: SEC filings
FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Reuters) – DoubleLine Capital, run by widely followed investor Jeffrey Gundlach, is planning to launch a new fund that will invest in mortgage-backed securities, other asset-backed securities and collateralized loan Read More

Investors retreat further from U.S. stock funds as trade tensions mount: ICI

1 month ago DieselGasoil Comments Off on Investors retreat further from U.S. stock funds as trade tensions mount: ICI
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., June 5, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – Investors extended their retreat from the U.S. stock market by pulling nearly $8.2 billion out of mutual funds and exchange-traded funds that hold domestic equities last week, according Read More

Woodford Patient Capital shares fall 1.7%

1 month ago DieselGasoil Comments Off on Woodford Patient Capital shares fall 1.7%
LONDON (Reuters) – Shares in Woodford Patient Capital Trust (WPCT), Woodford Investment Management’s only listed fund, fell 1.7% at the open on Wednesday after the Financial Times reported it may drop Neil Woodford as manager. Woodford Investment Management suspended its flagship 3.7 billion pound ($4.71 billion) unlisted fund last week. WPCT is meeting investors this Read More

Goldman Sachs CEO: Tariffs for political agenda can impact markets: CNBC

1 month ago DieselGasoil Comments Off on Goldman Sachs CEO: Tariffs for political agenda can impact markets: CNBC
FILE PHOTO: David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, California, U.S., April 29, 2019. REUTERS/Mike Blake (Reuters) – Goldman Sachs Chief Executive David Solomon told CNBC on Tuesday that U.S. President Donald Trump’s use of tariffs as part of a political Read More

High-yield junk market still attractive: top bond manager Margaret Patel

1 month ago DieselGasoil Comments Off on High-yield junk market still attractive: top bond manager Margaret Patel
FILE PHOTO: Margaret Patel, managing director and senior portfolio manager with Wells Capital Management’s Fundamental Equity group, speaks at the Reuters Global Investment Outlook Summit in New York, November 20, 2014. REUTERS/Mike Segar NEW YORK (Reuters) – The gains in high-yield junk bonds are not over, thanks to the Federal Reserve’s supportive stance on monetary Read More