Reuters US Money

By David Randall and Carolina Mandl NEW YORK (Reuters) – “Big Short” investor Michael Burry, Farallon Capital Management, and Coatue Management were among the prominent hedge fund managers who took large bets on Chinese companies ahead of the reopening of the country’s borders in January after nearly three years of restrictions, securities filings showed on …

‘Big Short’ manager Burry, Farallon among hedge funds making bets on China Read More »

By Tom Sims and John O’Donnell FRANKFURT (Reuters) – For years, Allianz, one of the world’s biggest investors, piled billions into property, wind farms and even London’s sewage system, but now it is moving to shun such “alternative” investments for plain vanilla bonds, people with knowledge of the matter said. The German company’s new approach …

Exclusive: After multi-billion U.S. fund collapse, Germany’s Allianz eschews risk for safe bonds Read More »

By Carolina Mandl NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, added to its portfolio new shares in financial and healthcare companies and a bonds exchanged-traded fund in the fourth quarter, according to a regulatory filing on Monday. Soros disclosed a $325.3 million stake, or 2.9 million shares, in …

Soros Fund adds First Horizon, Horizon Therapeutics and bond ETF Read More »

By Laura Matthews (Reuters) – Concerns that last year’s wild swings in stocks and bonds will resurface in 2023 are boosting the appeal of investments less dependent on upside in either asset class, such as managed futures and private markets. Soaring interest rates sparked a rare lockstep tumble in equity and fixed income last year, …

Analysis-Investors seek uncorrelated assets on worries volatility will return Read More »

By Mark Miller (Reuters) – The old line that “you can’t take it with you” does not apply when it comes to your 401(k). When you change jobs or retire, you have three basic choices: leave your retirement account where it is, roll it over to a new employer or move it to a standalone …

Column-Where to park the 401(k) when you switch jobs or retire Read More »

By Chris Taylor NEW YORK (Reuters) – Sorry to break it to you, but your romantic partner may be sharing a secret relationship. With guess who? JPMorgan Chase. Or Citibank, or Wells Fargo. Whether it is a big purchase, a hidden debt or an unknown account, 39% of us have committed some form of “financial …

Love & money: Four ways to avoid financial infidelity Read More »

By Chris Taylor NEW YORK (Reuters) – Look at the waves of layoffs happening across America right now, and you are probably pondering something you have not had to think about for quite a while: Plan B. Everyone has one, a rough idea of what they will do if Plan A goes totally haywire. With …

What is your Plan B? Prepping for a money reset Read More »

By Chris Taylor NEW YORK (Reuters) – For generations, society has grappled with the question of whether money brings happiness. Now a new book has some answers – with the data to back it up. The easy answer, according to Robert Waldinger and Marc Schulz, authors of “The Good Life”: No, money will not buy …

What the world’s longest happiness study says about money Read More »

By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) -Hedge funds betting against stocks globally abandoned those trades last week at the fastest pace since 2015, surpassing the speed of their exodus from the meme stock frenzy two years ago, according to a Goldman Sachs research note. The latest short squeeze, implying that stock prices …

Hedge funds caught in bigger squeeze than 2021 meme stock frenzy – Goldman Sachs note Read More »