Reuters US Money

Hedge funds, ETFs dump over $40 billion in stocks after Trump tariff shock

By Carolina Mandl and Saqib Iqbal Ahmed NEW YORK (Reuters) -Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of stocks at a breakneck pace, growing increasingly bearish after President Donald Trump’s shock announcement of harsher-than-expected global tariffs, according to bank notes to clients on Friday. Since late on Wednesday, when …

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Anson Funds names its 3 candidates in board fight at Match Group

By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Anson Funds blamed Match Group’s board for the online dating company’s underperformance and named publicly for the first time its three director candidates who all have expertise in the technology sector and have sat on public company boards. In a letter to fellow shareholders, Anson Funds’ portfolio …

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Global money market inflows surge as trade tariffs stoke slowdown fears

(Reuters) -Global money market funds saw massive inflows in the week ending April 2 as investors grew cautious over U.S. President Donald Trump’s aggressive trade policies, which are heightening fears of a global slowdown and prompting some economists to revise their recession projections upward. Money market funds, often seen as safe havens during times of …

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March hedge fund stock selloff buoys some, costs others, sources say

By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Turbulent March markets stalled positive returns for some of the biggest global hedge funds while systematic and some smaller, more nimble funds ended the first quarter with positive returns, according to sources familiar with the matter. As investors adjusted to seismic shifts in German …

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Hedge funds rush to cut Asia exposure ahead of US tariff announcement

By Summer Zhen HONG KONG (Reuters) -Hedge funds dumped stocks and lowered leveraged positions in Asian markets last week, data from Morgan Stanley shows, pointing to their defensive stance before U.S. President Donald Trump’s announcement of new reciprocal tariffs on April 2. South Korea, onshore Chinese markets and Taiwan were at the fore of the …

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Hedge funds short Nvidia, Tesla and AMD, Morgan Stanley says

By Carolina Mandl NEW YORK (Reuters) -Hedge funds are increasingly betting against stocks, with Nvidia, Advanced Micro Devices and Tesla as their top three shorts placed on Wednesday, a Morgan Stanley note showed on Thursday. Wednesday was the third largest day of single stock selling by hedge funds this year, according to the bank’s institutional …

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Trump nominee pledges Social Security database review after Musk team access

By Tim Reid and Nathan Layne (Reuters) -U.S. President Donald Trump’s nominee to oversee the Social Security Administration said on Tuesday he would review the agency’s computer systems after aides to tech billionaire Elon Musk were given access to SSA’s massive databases. Frank Bisignano, a veteran Wall Street CEO, also said he would be willing …

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Analysis-Hedge fund dominance latest risk for febrile UK debt markets

By Nell Mackenzie and Naomi Rovnick LONDON (Reuters) -Hedge funds have crowded into debt-fuelled bets on UK government bonds, increasing the potential for instability in the gilts market, a benchmark for borrowing costs in Britain including mortgages, investors and hedge fund sources say. Bank of England chief Andrew Bailey said in February that non-bank institutions …

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UK’s Rathbones CEO to retire

(Reuters) -British wealth manager Rathbones on Thursday said its chief Paul Stockton will retire on September 30, and said Jonathan Sorrell will join the firm as CEO-designate. Stockton retires after six years at the helm and sixteen years with the wealth manager. (Reporting by Chandini Monnappa in Bengaluru; Editing by Mrigank Dhaniwala)

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