Wealth
LATEST NEWS FROM WEALTH
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Analysis: Investments get "real" as inflation fears dim appeal of bonds
Electric vehicle infrastructure, top-end offices and industrial metals - with a resurgence in inflation seemingly on the horizon, investors are slashing their exposure to bonds in ...
Wealth
Buyout firm Genstar raises over $10 bln for tenth midmarket fund
Genstar Capital, which is focused on investments in financial services, healthcare, industrials and software industries, said on Monday it had raised more than $10 billion for its ...
Wealth
Value, small-cap funds outperform in Q1 as U.S. inflation worries rise
The Biden administration's $1.9 trillion stimulus plan and expectations of rising inflation helped bolster the performance of fund managers who made bets on economically-sensitive ...
Wealth
U.S. CFTC official advises stricter oversight of funds managing family wealth
The Commodity Futures Trading Commission (CFTC), the top U.S. swaps regulator, should reverse its loosening of oversight of family offices, a Democratic commissioner said on Thursd...
Wealth
Ackman stays mum on $4 bln SPAC target, says a second may follow
Billionaire investor William Ackman said on Monday that there was nothing to report yet on finding a target for his $4 billion blank-check investment vehicle.
Wealth
Online lender SoFi to give IPO access to retail investors
Online lending startup Social Finance Inc (SoFi) will allow retail investors to buy into initial public offerings (IPOs) of companies, an investment opportunity traditionally reser...
Wealth
Citron Research's Left says auto insurer Root is misunderstood
Auto insurer Root Inc (ROOT.O), whose stock price tumbled more than 50% since its public listing late last year, is a bargain that is currently misunderstood by investors and shoul...
Wealth
Column: Central banks left flat-footed by flexible Fed
This time it is probably different - or at least for monetary policymakers and markets trying to track them.
Wealth
U.S. Treasury has mailed out 150,000 paper checks, made 90 million direct deposits
The U.S. Treasury on Wednesday said it has sent 90 million direct payments worth about $242 billion to Americans from President Joe Biden's $1.9 trillion coronavirus relief package...
Wealth
Column: No real fight facing Fed so far :Mike Dolan
Far from fighting the Federal Reserve, bond markets have in many ways been remarkably well behaved and are acting right on cue. What's not for the Fed to like?
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Blucora urges investors to reject Ancora's directors, plans
Financial services firm Blucora Inc (BCOR.O) is urging shareholders to back its board and block a dissident investor's effort to seat four directors, arguing it has already made ke...
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Column: The corporate Taxman cometh: Mike Dolan
Global investors are obsessing about borrowing costs, discount rates and inflation risks as the world emerges from the shocking pandemic - but they are also starting to pore over c...
Wealth
U.S stock funds post $3.3 billion weekly outflow -Lipper
U.S.-based stock funds in the week ended Wednesday posted $3.3 billion outflows, according to Lipper.
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A new era of volatility begins, but equity inflows continue - BofA
Investors poured billions of dollars into high-flying stocks even as the ongoing bond market rout led to sharp losses on Wall Street and kicked off a "new era of volatility", BofA ...
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U.S. mortgage rates break above 3% for the first time since July - Freddie Mac
U.S. mortgage rates, which have hovered at or near historic lows for months and contributed to the housing market bouncing back to above pre-pandemic levels, are now on the rise.
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Analysis: Greensill's funding problems could cause broad ripples
A funding crisis at Greensill Capital could spill over to some of its high-risk borrowers and lead to losses for insurers and banks that have done business with the UK-based supply...
Wealth
JPMorgan Chase taps Porretti to lead activism defense in North America
JPMorgan Chase (JPM.N) has hired veteran banker Alfredo Porretti to head its shareholder activism defense efforts in North America as investors are launching new campaigns to push ...
Wealth
TreeHouse Foods settles with Jana, appoints two to its board
Private label food group TreeHouse Foods (THS.N) on Tuesday appointed two new independent directors to its board, three weeks after activist investment firm Jana Partners urged the...
Wealth