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Saturday, August 24, 2019

Reuters: Funds News

Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

China's biggest e-commerce company Alibaba Group Holding Ltd has delayed its up to $15 billion (12 billion pounds) listing in Hong Kong amid growing political unrest in the Asian financial hub, two people with knowledge of the matter told Reuters.
Posted: August 21, 2019, 9:30 am
Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender's recovery.
Posted: August 20, 2019, 9:46 am
By Clara Denina , Sinead Cruise, Rania El Gamal and Simon Jessop
Posted: August 20, 2019, 7:39 am
Activist investor Edward Bramson, who lost his battle for a seat on the board of Barclays in May, is still pushing to overhaul the British lender, a report from his investment vehicle Sherborne Investors shows.
Posted: August 20, 2019, 7:29 am
Amid the recent financial market volatility, the interest rates on some long-dated government bonds have fallen below the level for short-term debt.
Posted: August 16, 2019, 7:40 am
The inversion of portions of the Treasury bond yield curve this week "would have to be sustained over a period of time" to be taken as a "bearish" signal for a U.S. economy that continues to grow, St. Louis Federal Reserve President James Bullard said on Thursday.
Posted: August 15, 2019, 10:06 pm
It takes a lot to kill an economic expansion, typically requiring a major shock to bring growth to a halt and trigger a U.S. recession.
Posted: August 15, 2019, 10:06 pm
Calling economic and financial market signals for the economic outlook "mixed," Minneapolis Federal Reserve Bank President Neel Kashkari signalled on Thursday that he is likely to support further reductions in U.S. interest rates to support growth.
Posted: August 15, 2019, 10:05 pm
U.S. Federal Reserve Chairman Jerome Powell will deliver remarks next week at an annual central bank forum in Jackson Hole, Wyoming, the Fed said in a statement on Thursday.
Posted: August 15, 2019, 6:54 pm
When the U.S. Federal Reserve cut interest rates last month for the first time in more than a decade, it signalled that further reductions in borrowing costs might not be needed. Bond markets vehemently disagree.
Posted: August 15, 2019, 7:32 am
Foreign exchange markets and British gamblers share an increasingly similar view on the prospect for a no-deal Brexit, with the relationship between the two notably close since Boris Johnson became prime minister.
Posted: August 15, 2019, 7:32 am
Britain's financial markets regulator said it is making "wide-ranging enquiries" into the circumstances surrounding a short-selling report on litigation finance company Burford Capital by U.S. activist Muddy Waters.
Posted: August 13, 2019, 7:13 am
London-listed litigation funder Burford Capital said it has found evidence of suspect trading patterns in its shares around the time short-seller Muddy Waters issued a report challenging the company's accounts.
Posted: August 13, 2019, 7:13 am
To make a quick mark on Europe's biggest bank, HSBC's caretaker boss Noel Quinn needs to succeed where other executives have failed: in its sprawling investment bank where a struggle to gain market share against Wall Street rivals continues. 
Posted: August 9, 2019, 8:59 am
Burford Capital , a London-listed fund that finances lawsuits in return for a cut of any payouts, said it is considering buying back shares, a day after short-seller Muddy Waters criticised its accounts and said it had bet on its shares falling.
Posted: August 9, 2019, 8:58 am
British fund supermarket Hargreaves Lansdown overcame adverse publicity over the suspension of Neil Woodford's flagship fund to increase full-year assets by 8.4% on a growing client base and net savings inflows, sending its shares higher.
Posted: August 9, 2019, 8:56 am
The rapidly growing exchange-traded-funds sector does not pose a threat to financial stability as the market has coped well so far with liquidity crunches, research from Britain's Financial Conduct Authority said on Thursday.
Posted: August 9, 2019, 8:55 am
Surging venture capital investment in Latin American startups has financed international expansion across the region and beyond, as business models that do not require large amounts of capital have helped many firms avoid silos common in the region.
Posted: August 8, 2019, 6:41 pm
Short-seller Muddy Waters has sparked a 2 billion pound slump in shares of Burford Capital , a London-listed fund that finances lawsuits in return for a cut of any payouts, after criticising its accounts and saying it had bet on its shares falling.
Posted: August 8, 2019, 7:09 am
British insurer Legal & General on Wednesday posted an 11% rise in first-half operating profit driven by an increase in corporate pension deals and inflows to its asset management unit.
Posted: August 7, 2019, 11:08 am