Reuters US Money

Biggest hedge funds have doubled footprint in U.S. stocks since 2014- Goldman

By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – The world’s five biggest hedge funds have doubled their footprint in the U.S. stock market through leverage and trading positions since 2014, according to a Goldman Sachs note to clients seen by Reuters. The largest multi-manager funds, which employ a diverse set of trading strategies under …

Biggest hedge funds have doubled footprint in U.S. stocks since 2014- Goldman Read More »

Citadel’s Griffin unsure stock market rally can continue – CNBC

NEW YORK/BANGALORE (Reuters) – Billionaire investor Ken Griffin, founder of U.S. hedge fund Citadel, said on Thursday that he has some doubts about the continuity of the markets rally and is concerned about the about the U.S. fiscal situation. “I’m a bit anxious that this rally can continue,” he said in an interview on CNBC. …

Citadel’s Griffin unsure stock market rally can continue – CNBC Read More »

Activist investor Politan Capital increases ownership in Azenta -filing

By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor Politan Capital Management said on Thursday that it has economic exposure to 4.5 million shares or 7.5% of biotechnology company Azenta Inc, according to a regulatory filing. Politan, run by veteran fund manager Quentin Koffey, has successfully pushed for changes at managed care company Centene and …

Activist investor Politan Capital increases ownership in Azenta -filing Read More »

New ETF looks to tap hot market for zero-day options

By Saqib Iqbal Ahmed NEW YORK (Reuters) – An exchange-traded fund (ETF) that started trading on Thursday offers investors a new way to participate in the hot market for short-dated equity options, a risky trading strategy that has enthralled markets over the last year. Miami-based ETF sponsor Defiance ETFs LLC launched the Defiance Nasdaq-100 Enhanced …

New ETF looks to tap hot market for zero-day options Read More »

Frugal but fun: ‘Simpsons’ and podcast star Yeardley Smith on wealth

By Chris Taylor NEW YORK (Reuters) – Even if Yeardley Smith does not ring a bell, you certainly know her iconic voice – of Lisa Simpson, the middle child and heart of “The Simpsons,” one of the longest-running shows in television history. Smith has a fascinating sideline: co-host of the true-crime podcast “Small Town Dicks” …

Frugal but fun: ‘Simpsons’ and podcast star Yeardley Smith on wealth Read More »

Direxion rolls out Nvidia-focused ETFs for bulls and bears

(Reuters) – Direxion is rolling out two new exchange-traded funds (ETFs) tied to the price movement in shares of Nvidia Corp, the financial products provider said on Wednesday, seeking to capitalize on excitement over developments in artificial intelligence that helped boost stocks this year. The Direxion Daily NVDA Bull 1.5x Shares ETF seeks to deliver …

Direxion rolls out Nvidia-focused ETFs for bulls and bears Read More »

UK asset manager St. James’s Place appoints FitzPatrick as CEO-designate

(Reuters) – British asset manager St. James’s Place on Wednesday appointed former Prudential executive Mark FitzPatrick to succeed Andrew Croft, who is stepping down in early December. FitzPatrick will join as the CEO-designate of St. James’s Place on Oct. 1, and take over the reins from Croft on Dec. 1. Croft, who has been with …

UK asset manager St. James’s Place appoints FitzPatrick as CEO-designate Read More »

Close Bitnami banner
Bitnami