Reuters US Money

By Lawrence White LONDON (Reuters) -Hedge fund Qube Research & Technologies (QRT) on Friday said a technical issue had led to an incorrect filing with Britain’s financial regulator, appearing to disclose a short position in HSBC shares which the hedge fund did not in fact have. The Financial Times and then other media including Reuters …

Hedge fund Qube blames ‘technical issue’ for erroneous filing on HSBC shares Read More »

By Bhanvi Satija and Amruta Khandekar (Reuters) – Retail flows into Eli Lilly spiked to a more than two-year high in November, as small investors rushed to buy the stock after the U.S. pharma major received a highly anticipated approval for its weight-loss drug Zepbound. Daily net purchases surged to $14.4 million on Nov. 8, …

Retail investors crowd into Eli Lilly after weight-loss drug approval Read More »

By Siddharth Cavale and Aishwarya Venugopal (Reuters) -Walmart on Thursday said U.S. consumers are acting more cautious with spending as the holiday season gets underway, even as the largest U.S. retailer raised its forecast for sales and profit for the year. The company’s shares fell 7.7% Thursday as executives said higher interest rates and dwindling …

Walmart sounds a note of caution on consumers ahead of holidays, shares fall Read More »

By Nell Mackenzie LONDON (Reuters) – Global hedge funds that use algorithms to trade suffered their second worst single day this year on Tuesday, as softer than expected U.S. inflation numbers sparked a hefty stocks rally, a Goldman Sachs note showed. Systematic traders making long and short equities bets were down 1.2% on the day …

Systematic hedge funds pummeled in post-U.S. CPI stocks rally – Goldman Sachs Read More »

By Suzanne McGee (Reuters) – Amplify Investments teamed up with the asset management division of Korean conglomerate Samsung to launch a new actively managed exchange traded fund (ETF) designed to deliver returns tied to the Secured Overnight Financing Rate (SOFR). The Amplify Samsung SOFR ETF, which debuted Wednesday, is the first ETF to track SOFR, …

Amplify rolls out first SOFR-based ETF for income seekers Read More »

By Chris Taylor NEW YORK (Reuters) – If you think investing is scary, imagine skiing down the world’s most challenging mountains at 70 or 80 miles (112.7 or 128.8 km) an hour. After doing that for years – and being the best in the world at it – nothing much fazes Lindsey Vonn. The former …

High risk, High reward: Life Lessons with Lindsey Vonn Read More »

(Corrects paragraph three to remove reference to Fidelity International being a U.S. asset manager) By Summer Zhen HONG KONG (Reuters) -After months of steering clear of China, global asset managers and hedge funds say they are seeing tentative signs of a recovery on the mainland and value in the country’s depressed stock markets. While foreign …

Some fund managers see merit in China’s deeply discounted stocks Read More »