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17.06.2019

After Woodford fund suspension, focus turns to its stewards

The suspension of Neil Woodford's flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly.
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17.06.2019

Your Money: Millennials should shrug off annuities for now

The days of guaranteed pensions from work are long gone, but can annuities make up the difference for millennials?
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14.06.2019

Father Figures: Dad's best financial advice

Fathers pass down many things to their kids, but not just genetic traits like eye color or hairlines.
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14.06.2019

Hedge fund Third Point calls on Sony to spin off semiconductor unit

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position...
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14.06.2019

Seeking shelter from trade war, fund managers bet on China's consumers

China may be an odd choice for investors seeking shelter from a Sino-U.S. trade war. Yet, money managers in Asia are pouring funds into Chinese stocks as the long-term promise of a growing middle...
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14.06.2019

Safe havens emerge in China, South Asia as recession risks grow

Fears of a global recession are on the rise as the U.S.-China trade war re-escalated in May, sending investors to the safety of U.S Treasuries, the Japanese yen and gold.
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14.06.2019

Australian regulator slaps stricter conditions on AMP's pension funds, shares fall

Australia's banking watchdog on Friday said it had imposed stricter licensing conditions on AMP Ltd's pension fund units following concerns regarding its compliance with superannuation laws, sending...
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14.06.2019

U.S. recession odds rise to 40-45% in six months: DoubleLine's Gundlach

Jeffrey Gundlach, chief executive officer of DoubleLine Capital, said on Thursday the odds of the United States sliding into a recession in the next six months have risen to 40-45% and the odds were...
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13.06.2019

Risk appetite emerges as U.S.-based equity funds attract $4.4 billion

U.S.-based equity funds attracted $4.4 billion of inflows in the week ended Wednesday, following two consecutive weeks of cash outflows totaling $34 billion, according to Refinitiv's Lipper, as the...
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13.06.2019

Burnout Nation: How companies are de-stressing workforces

No matter who you are or what you do, let me take a wild guess: You feel a little burned out right now.
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12.06.2019

Morgan Stanley wants majority stake in Chinese joint venture: CEO

Morgan Stanley wants to obtain majority ownership of a joint venture in China, but regulators there have not signed off on the idea, Chief Executive Officer James Gorman said on Wednesday.
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12.06.2019

Jeffrey Gundlach's DoubleLine to launch Income Fund: SEC filings

DoubleLine Capital, run by widely followed investor Jeffrey Gundlach, is planning to launch a new fund that will invest in mortgage-backed securities, other asset-backed securities and collateralized...
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12.06.2019

Investors retreat further from U.S. stock funds as trade tensions mount: ICI

Investors extended their retreat from the U.S. stock market by pulling nearly $8.2 billion out of mutual funds and exchange-traded funds that hold domestic equities last week, according to data...
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12.06.2019

Woodford Patient Capital shares fall 1.7%

Shares in Woodford Patient Capital Trust (WPCT), Woodford Investment Management's only listed fund, fell 1.7% at the open on Wednesday after the Financial Times reported it may drop Neil Woodford as...
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11.06.2019

Goldman Sachs CEO: Tariffs for political agenda can impact markets: CNBC

Goldman Sachs Chief Executive David Solomon told CNBC on Tuesday that U.S. President Donald Trump's use of tariffs as part of a political agenda can impact market activity.
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11.06.2019

High-yield junk market still attractive: top bond manager Margaret Patel

The gains in high-yield junk bonds are not over, thanks to the Federal Reserve's supportive stance on monetary policy, Margaret Patel, one of the mutual-fund industry's longest tenured and most...
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10.06.2019

YOUR MONEY - Do the math before you pick the expensive school zone

For John Bohnsack, it was a classic parental dilemma: Get a small, expensive house in a high-quality school district, or pay less and get more house in a worse neighborhood.
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07.06.2019

UBS looks to Sumitomo Mitsui tie-up to crack Japanese wealth

UBS signed a joint venture deal with Sumitomo Mitsui Trust on Friday, aiming to crack a Japanese wealth management market where it has struggled to grow over the last 15 years.
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07.06.2019

World bonds wave recession flags as future inflation evaporates

After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation.
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07.06.2019

Investment grade bond funds suck in record $12.3 billion as investors ditch stocks: BAML

Investors plowed a record $12.3 billion into investment grade bond funds and ditched equities over the past week, Bank of America Merrill Lynch said on Friday, as worries over trade tensions and the...
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