Fund Features
Norway oil fund remains on prowl for stocks
OSLO (Reuters) - Norway's $300 billion (£201.12 billion) sovereign wealth fund will remain a big buyer of equities after raising its holdings to 1.25 percent of European stocks and about half that proportion in markets elsewhere, its chief said. Full Article
Hedge fund December cash call won't hit market hard
LONDON/BOSTON (Reuters) - Hedge funds are facing heavy year-end outflows as investors pull out their cash after record poor returns, but this is unlikely to heighten market volatility as many funds have already taken evasive action. Full Article
Glitzy Greenwich feels hedge fund pain
GREENWICH, Connecticut (Reuters) - As many hedge funds suffer big losses and anxious investors yank out their money, the town synonymous with the riches of their recent glory is now hurting. Full Article
More Fund Features
US banks help cut losses on locked hedge funds
NEW YORK (Reuters) - The same Wall Street dealers that offered sophisticated derivatives that allowed investors to magnify their risks are now pitching elaborate instruments designed to reduce exposure to cratering hedge funds. Full Article
Volatile markets nurture new mutual fund stars
BOSTON (Reuters) - The stars in the mutual fund firmament are realigning. As investors sift through the wreckage of their portfolios in an industry beset by steep losses, new luminaries among fund managers are emerging.
Full ArticleSovereign funds to lose 25 pct this year
HONG KONG (Reuters) - Sovereign wealth funds (SWFs), once considered Wall Street's saviours, may have suffered portfolio losses of as much as 25 percent so far this year due to the global financial crisis, Morgan Stanley analysts said in a note on Friday.
Full ArticleANALYSIS-Distressed markets spur fund M&A
BOSTON (Reuters) - A U.S. asset manager shakeout looms as struggling banks line up to sell their mutual fund arms to raise capital and fund companies exit the money-market segment, hoping to cut losses.
Full ArticleTech helps commodity funds outsmart market
NEW YORK (Reuters) - Artificial intelligence is helping trend-following commodity hedge funds triumph in treacherous markets when human brains alone aren't enough.
Full ArticleANALYSIS-Money fund yields may fall
NEW YORK (Reuters) - Investors who have plowed $3.48 trillion (2 trillion pounds) into money market mutual funds will likely see their already low yields fall further, but few may benefit from lower management fees, as they did the last time the Federal Reserve drove its benchmark lending rate down to 1 percent.
Full ArticleSome blame U.S. fund industry for losses
BOSTON (Reuters) - From a surge in calls to hotlines to growing litigation, many U.S. investors are lashing out at mutual fund companies, exerting further pressure on an industry already beset by a dramatic decline in assets.
Full ArticleCommodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 49.09 | +2.06% | 21 Nov 10:53 GMT |
| Gold | 759.0 | +1.36% | 21 Nov 11:00 GMT |
