By Lauren Young NEW YORK – This was originally published in the On The Money newsletter, where we share U.S. personal finance tips and insights every other week. Sign up here to receive it for free. My social media feeds are filled with Class of 2025 college graduation photos, so I figured this would be …
By Anton Bridge TOKYO (Reuters) -Japan’s biggest investment bank and brokerage Nomura Holdings recorded a 27% rise in fourth-quarter net profit to hit its highest ever full-year profit as revenue grew in each of its business segments over the year. The results are for the period up to the end of March and do not …
Japan’s Nomura can ride choppy market, CFO says after bank posts record annual profit Read More »
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) -Investors are fearful of a deep hit to asset prices if U.S. President Donald Trump attempts to fire Federal Reserve Chair Jerome Powell, undermining confidence in the central bank’s ability to fight inflation and act independently. That could hurt the already bruised dollar, under-pressure equities and …
Analysis-Investors fear Trump’s attacks on Powell will pile on pain Read More »
By Iain Withers LONDON (Reuters) -London-listed hedge fund Man Group said on Thursday that its assets under management fell by about $5.6 billion in the two weeks to April 14, in trading dominated by the fallout from U.S. President Donald Trump’s barrage of trade tariffs. Man Group said its assets stood at an estimated $167 …
Hedge fund Man Group’s assets dip by nearly $6 billion during Trump tariff turmoil Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Greenlight Capital gained 8.2% in the first three months of 2025, buoyed by a bet on gold that it said should pay off further as it expects Trump administration policies to continue roiling financial markets. Greenlight founder David Einhorn told investors in a letter seen by Reuters …
Einhorn’s Greenlight gained 8.2% in Q1, remains bullish on gold Read More »
By Saeed Azhar NEW YORK (Reuters) -Janus Henderson, which manages $379 billion in assets, is advising investors to cut stock holdings and buy more investment-grade sovereign bonds as tariffs threaten to slow global growth, its global head of its multi-asset strategy said. Janus Henderson now recommends a portfolio of 55% equities and 45% bonds, compared …
By Carolina Mandl and Summer Zhen NEW YORK/HONG KONG (Reuters) -Global equities long/short hedge funds missed out on most of Wednesday’s massive rally in U.S. stocks, triggered by President Donald Trump’s pause on some tariffs for 90 days, but managed to limit their losses during Thursday’s sell-off. The funds were up 0.98% on April 9, …
Hedge funds miss out on US equities rally but suffer smaller losses in volatile two days Read More »
DUBAI (Reuters) -Dubai-based Mashreq has entered a partnership with Goldman Sachs Asset Management to offer discretionary investment services and tap growing demand for professionally managed portfolios in the Gulf. As the number of high-net-worth individuals, keen for sophisticated investment strategies, increases in the region, a joint statement said services resulting from the collaboration would be …
Dubai’s Mashreq to work with Goldman Sachs to cater for rich clients Read More »
By Dhara Ranasinghe, Alun John and Gertrude Chavez-Dreyfuss LONDON (Reuters) -In times of market panic investors tend to rush to the safety of the dollar, but when stocks swooned in response to U.S. tariffs this week, they ran away from it. Investors say it’s a sign that the greenback’s global standing may be eroding. The …
Next up for markets: A crisis of confidence in the dollar Read More »
By Howard Schneider WASHINGTON (Reuters) -President Donald Trump’s new tariffs are “larger than expected,” and the economic fallout including higher inflation and slower growth likely will be as well, Federal Reserve Chair Jerome Powell said on Friday, while cautioning it was still too soon to know what the right response from the central bank ought …
Fed’s Powell says larger-than-expected tariffs likely to boost inflation, slow growth Read More »
