Wealth
LATEST NEWS FROM WEALTH
Wealth
Trump's 'Liberation Day' tariff plan puts markets on high alert
With little detail on what to expect, financial markets remain on edge.
Wealth
How hedge funds have positioned for Trump's 'Liberation Day'
Hedge funds have scaled back risky bets and sought safety, data from Goldman Sachs shows, ahead of this week's widely anticipated announcement by U.S. President Donald Trump on rec...
Wealth
Robinhood to bring wealth management, private banking to retail investors
Robinhood is rolling out wealth management and private banking services for investors with modest portfolios, as the trading platform looks to have a bigger influence on its users'...
Wealth
Trump pick to run Social Security says has not thought about privatization
Frank Bisignano, President Donald Trump's nominee to oversee the Social Security Administration, said on Tuesday he had not spoken with anyone about the possibility of privatizing ...
Wealth
US bond investors weigh 'convexity' risk in recent Treasury yield decline
The recent drop in U.S. yields has raised speculation that a wave of buying of Treasury securities and derivative products called interest rate swaps by mortgage portfolio managers...
Wealth
Gold rally attracts investors back to mining stocks after months of outflows
Funds that invest in gold miners are set to attract their largest net monthly inflows in more than a year in March, as record-high gold prices improve firms' profit outlooks and bo...
Wealth
HEDGE FLOW Hedge funds bet against builders, financial firms and energy in Europe, says Goldman Sachs
Global hedge funds sold European stocks for the second straight week in a row with a focus on the region's financial, materials, energy and industrial companies, Goldman Sachs data...
Wealth
HEDGE FLOW Hedge fund pessimism over Wall Street hits 5-year high, Goldman says
Hedge funds added more bearish positions than bullish ones in March than at any time since 2020, doubling down on bets that U.S. stocks have further to fall, according to a Goldman...
Wealth
Hedge fund dominance latest risk for febrile UK debt markets
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 inc...
Wealth
UK's Rathbones CEO to retire
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.
Wealth
Fed's balancing act gives respite to tariff-struck investors
Investors are taking some comfort from the U.S. Federal Reserve's wait-and-see approach, after being rattled by tariff-related turmoil that poses a threat to markets and the econom...
Wealth
Choppy Trump policies, stocks drop has some rethinking retirement plans
Victor Fettes, 54, is going ahead with his long-planned retirement next Friday.
Wealth
Hong Kong hedge fund Polymer joins rush to debut pure Japan funds, sources say
Polymer Capital Management, a Hong Kong-headquartered hedge fund, is launching two Japan-focused funds this year to tap into the robust demand for the world's third-largest stock m...
Wealth
Explainer: Event contracts: Trading's next big thing or 'backdoor to gambling'?
Event contracts have exploded in popularity since the U.S. presidential election, fueling a heated debate between traders who have embraced the nascent asset class and critics who ...
Wealth
UK's FCA fines and bans Crispin Odey for lack of integrity
Britain's Financial Conduct Authority said on Monday it has fined Crispin Odey, founder of the now defunct hedge fund Odey Asset Management, 1.8 million pounds ($2.3 million), and ...
Wealth
Hedge funds regain appetite for US stocks, feel full of Europe, Asia
Global hedge funds started to add back U.S. equities to portfolios last week following a massive selloff in Wall Street's major indexes, an early indication of optimism about the c...
Wealth
Japan's Nomura ties up with regional bank Hyakujushi to boost wealth business
Nomura Holdings , Japan's largest securities firm, said on Monday it has partnered with regional lender Hyakujushi Bank to boost its wealth management services.
Wealth
Stafford Capital raises record $1.1 billion for tenth timber fund
Stafford Capital Partners has raised $1.1 billion for one of the world's biggest timber funds, beating its original target, its chief executive said, as institutional investors, es...
Wealth