Reuters US Money

Analysis-Wobbling US stocks could push volatility-linked funds to ramp up selling

By Saqib Iqbal Ahmed NEW YORK (Reuters) – Volatility-linked investment strategies are joining the nascent sell-off in U.S. stocks and could help accelerate declines if market gyrations keep increasing. Volatility control funds – systematic investment strategies that typically buy equities when markets are calm and sell when they grow turbulent – hoovered up stocks as …

Analysis-Wobbling US stocks could push volatility-linked funds to ramp up selling Read More »

Soaring insurance costs hit as US buyers finally get a break on car prices

By Timothy Aeppel (Reuters) – A new form of sticker shock has hit American car buyers like Darin Davis. In January, when the 56-year-old Dallas real estate agent renewed the insurance on the pearly-white 2024 Cadillac XT4 that he bought just a few months earlier, the rate nearly doubled. “It takes the fun out of …

Soaring insurance costs hit as US buyers finally get a break on car prices Read More »

Only child? Four ways to prepare as a caregiver for aging parents

By Chris Taylor NEW YORK (Reuters) – It is hard enough to be a caregiver for elderly parents when there are multiple siblings to help. Sometimes, there is only you. Just ask Michael Hausknost. The financial planner from Long Beach, California is helping his 90-year-old mom, Eva, as she moves from an assisted living facility …

Only child? Four ways to prepare as a caregiver for aging parents Read More »

HSBC to accelerate China wealth expansion, on track to meet hiring target

By Selena Li HONG KONG (Reuters) – HSBC plans to accelerate the expansion of its wealth business in China despite economic headwinds and is on track to nearly double its headcount by next year, its global wealth head said, as the lender pushes ahead with its Asia pivot strategy. The bank, which makes the bulk …

HSBC to accelerate China wealth expansion, on track to meet hiring target Read More »

Ireland’s sovereign investment fund to divest from six Israeli firms

DUBLIN (Reuters) – Ireland’s 15-billion-euro sovereign investment fund will divest from six Israeli companies, including some of its largest banks, over their activities in the occupied Palestinian territories, Finance Minister Michael McGrath said on Friday. The Ireland Strategic Investment Fund (ISIF), which invests at home to support economic growth but also holds a portfolio of …

Ireland’s sovereign investment fund to divest from six Israeli firms Read More »

Hedge funds rally in Q1, powered by gains in equities

By Carolina Mandl NEW YORK (Reuters) – Hedge funds capped the first quarter with gains across different strategies, as a rally in stocks, some commodities and the dollar helped the industry weather a less shiny period for bonds, investors said. Fundamental equities long/short hedge funds were up 6.28% in the first quarter, while systematic long/short …

Hedge funds rally in Q1, powered by gains in equities Read More »

Global venture capital investment near 5-year low in Q1, PitchBook data shows

By Yuvraj Malik (Reuters) – Global venture capital investments fell to a near five-year low in the first three months of 2024, according to investment intelligence firm PitchBook, as high interest rates weighed on funding for companies despite big investments in the AI space. Investors poured $75.9 billion in the January-to-March period, their lowest since …

Global venture capital investment near 5-year low in Q1, PitchBook data shows Read More »

Close Bitnami banner
Bitnami