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25.09.2018

Whistleblower tipped off GAM to director's behavior

GAM Holding said its decision to suspend a director in charge of absolute return bond funds in July, which triggered an investor exodus and a sharp fall in the company's shares at the time, was...
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25.09.2018

Column: Hedge funds, smelling Brexit blood, circle sterling

Hedge funds are betting big against sterling, the most since May last year. And following last week's Brexit debacle in Salzburg, that bet will probably be even bigger now, closing in on the largest...
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24.09.2018

Activist hedge fund TCI cuts stake in London Stock Exchange

Activist hedge fund TCI has cut its stake in London Stock Exchange Group Plc, less than a year after its push to oust the stock exchange's chairman failed.
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21.09.2018

Putnam stares down hedge funds on big shopping mall bet

Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy.
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21.09.2018

Paulson launches alliance to seek better returns in gold sector

Long-time gold bull John Paulson followed through on Friday on a pledge made last year to team up with other gold investors in an effort to work with management of companies in the gold sector to...
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21.09.2018

U.S. bond market recession signal not far away, strategists say: Reuters poll

Short-dated U.S. Treasury yields will rise above longer maturities -- a reliable forecaster of recessions -- within two years and possibly in the next year, according to market experts polled by...
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21.09.2018

New U.S. tax law could create underpayment headaches for retirees

The U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because the amount could need an...
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21.09.2018

Ultra-short obligation funds attract inflows ahead of Fed: Lipper

Investors took on a defensive approach ahead of next week's Federal Reserve meeting, pouring money into ultra-short obligation funds as well as equity and fixed-income exchange-traded funds, Lipper...
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20.09.2018

Your Money: What to learn from NFL rookies about getting rich quick

You could hardly design a worse scenario for smart money management than being a rookie in the National Football League. Young men in their early 20s, many from low-income backgrounds, are showered...
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19.09.2018

DoubleLine's Gundlach warns U.S. Treasury yields headed higher

Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in...
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19.09.2018

Strap on the Fitbit: John Hancock to sell only interactive life insurance

John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health...
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19.09.2018

Medicare supplement plans are changing: What you need to know

If you are buying a Medicare supplemental policy in the United States, make sure you choose your insurance carefully over the next few months.
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18.09.2018

'Who broke the law?' Cohn says in defending Wall Street's role in crisis

Gary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009...
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17.09.2018

Traders take Fed's cues, pile on bets on U.S. rate hikes

Bond traders are increasing bets the Federal Reserve will raise U.S. short-term interest rates into 2019 as the jobs market tightens and with inflation seen climbing above its 2 percent goal.
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14.09.2018

Investors favor lower-risk bonds in latest week: Lipper

Investors favored lower-risk U.S. bond exposure during the latest week, Lipper data showed on Thursday, as trade conflicts, an emerging market crisis and contradictory economic news spoiled the idea...
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13.09.2018

Exclusive: Hedge fund Diamondback founders Schimel and Sapanski plan new fund - sources

The founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government's insider trading probe, have reunited and are working on a new investment project, people familiar...
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13.09.2018

Exclusive: First Reserve plans $3 billion buyout fund as energy rebounds - sources

First Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalize on an oil price recovery that is...
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13.09.2018

Fidelity Investments winds down $3.5 billion index fund

Fidelity Investments is winding down a fund that had more than $3 billion in assets last year, with the Boston-based money manager citing an overlap in holdings of other funds used in its target-date...
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13.09.2018

Standard Chartered to part ways with three senior Asia bankers in coverage revamp: sources

Standard Chartered is parting ways with three senior Asia-focused bankers and possibly with some mid- and junior-level bankers, as the British lender moves ahead on a plan to cut costs and revamp its...
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13.09.2018

Australian insurer hired a private eye to surveil mentally ill woman

An Australian life insurer paid a private investigator who covertly filmed a mentally-ill woman eating breakfast, holding hands with her partner and undressing at a swimming pool in a bid to find...
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