(Refiles to fix typos in paragraphs 2 and 4) NEW YORK (Reuters) -D.E. Shaw’s largest hedge fund gained 24.7% last year after fees, outperforming average gains for the industry in a high-volatility environment, according to a source familiar with the matter. D.E. Shaw, one of the industry’s biggest managers, saw gains in its D.E. Shaw …
By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as dealmaking sputters and economic gloom sets takes hold. Financiers face disappointment when their compensation awards land …
Banker bonuses go from boom to bust in jarring reversal Read More »
By Rae Wee SINGAPORE (Reuters) – Private equity holdings are being sold at a record clip in an opaque secondary market, investors say, as asset managers cash out to cover losses elsewhere and rebalance portfolios. The wave of selling is the latest of several signs of stress in private markets and is another signal of …
Turnover surges as funds rush to exit private equity stakes Read More »
By Yoruk Bahceli AMSTERDAM (Reuters) – The Netherlands expects to borrow 101.5 billion euros ($107.8) on the debt markets next year, the most since 2012, and its funding needs are “extremely uncertain” as much depends on the energy price outlook, the country’s debt agency said on Friday. Around 50 billion euros will be raised from …
Dutch plan highest borrowing in a decade for 2023 Read More »
(Reuters) – U.S. equity funds saw net purchases in the week ended Dec. 14, as slowing inflation rates raised expectations that the Federal Reserve would cut back the pace of its interest rate hikes. According to Refinitiv Lipper data, investors bought a net $3.9 billion worth of U.S. equity funds, marking their first weekly net …
U.S. equity funds gain first weekly inflow in four weeks Read More »
(Reuters) – Global equity funds attracted their first inflow in six weeks in the week ended Dec. 14, with investors optimistic that easing inflation levels would prompt central banks to scale back the pace of interest rate hikes. Still, the Federal Reserve raised its benchmark rate by half a percentage point on Wednesday and said …
Global equity funds draw first weekly inflow after five weeks Read More »
By Lucy Raitano LONDON (Reuters) -Investors ploughed cash into stocks and bonds and sold cash and gold in the week to Wednesday, BofA Global Research said on Friday, hailing the end of “extreme bear sentiment”. Equity inflows totalled $18 billion and bond funds saw $2.3 billion of inflows while investors sold $0.2 billion of gold …
Extreme bear sentiment over as investors buy stocks and bonds – BofA Read More »
SHANGHAI (Reuters) – Foreign investors continued to offload holdings in China’s onshore bonds for a 10th straight month in November, although some market watchers expect the outflow pressure to ease soon. Foreign holdings of yuan-denominated bonds traded on China’s interbank market stood at 3.33 trillion yuan ($477.3 billion) at end-November, down from 3.38 trillion yuan …
Foreign investors cut Chinese bonds for 10th straight month in Nov Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) – The activist investment firm pushing Freshpet Inc to consider selling itself has told the pet-food company that it plans to launch a proxy fight and run for board seats, according to a regulatory filing made on Thursday. Jana Partners LLC, which owns an 8.9% stake in Freshpet, recently …
Jana Partners tells Freshpet it plans to run for board seats in 2023 Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) -Fidelity National Information Services on Thursday said it will undertake a strategic review and add a new director to its board after pressure from hedge fund D.E. Shaw Group. FIS also said it would speed up management changes, with Stephanie Ferris, who was scheduled to become CEO in January, …
Fidelity National agrees to review, adds director after D.E. Shaw pressure Read More »
