Reuters: Money

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U.S. hedge fund Tiger Global has invested more than $1 billion in Barclays: FT 21 Jan 2018, 4:56 pm

(Reuters) - U.S. hedge fund Tiger Global Management has invested more than $1 billion in Britain's Barclays Plc, the Financial Times reported on Sunday.

Stock-focused hedge funds post biggest gains among top performers 21 Jan 2018, 4:04 pm

BOSTON (Reuters) - Hedge funds managers who bet on stocks scored some of the industry's biggest gains in 2017, when equity markets galloped past a series of critical milestones, according to a new...

Factbox: Big U.S. banks' fourth-quarter results muddied by new tax law 19 Jan 2018, 11:51 am

(Reuters) - Morgan Stanley reported quarterly results on Thursday, rounding off an earnings season for big U.S. banks marked by across-the-board hit to profits from the U.S. tax overhaul.

Exclusive: Blackstone's Hill hands hedge fund reins to McCormick 18 Jan 2018, 9:38 pm

BOSTON (Reuters) - After nearly two decades of growing Blackstone Group into the world's biggest hedge fund investor with some $74 billion in assets, J. Tomilson Hill is passing the baton.

Morgan Stanley raises targets, but Wall Street wants more 18 Jan 2018, 6:45 pm

(Reuters) - Morgan Stanley raised key profitability and efficiency targets on Thursday, but those loftier goals failed to impress Wall Street analysts, who repeatedly asked Chief Executive Officer...

U.S. fund investors pull most cash from 'junk' in two months: Lipper 18 Jan 2018, 6:11 pm

NEW YORK (Reuters) - U.S. fund investors pulled $3.1 billion from high-yield "junk" bonds during the latest week, Lipper data showed on Thursday, offering new warning signs about risk appetite...

Thadaney to leave Toronto Stock Exchange owner TMX Group 18 Jan 2018, 2:45 pm

(Reuters) - TMX Group's head of equity capital markets, Nicholas Thadaney, is leaving Canada's biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou...

Ex-Bank of America executive Malik to launch fund advisory firm 18 Jan 2018, 11:27 am

NEW YORK (Reuters) - Omeed Malik, a former Bank of America Merrill Lynch executive, is preparing to launch an advisory firm for hedge funds and other so-called alternative investment managers,...

Your estate plan needs an update, even if it is new 18 Jan 2018, 10:39 am

NEW YORK (Reuters) - Got a dusty old binder with your will and estate plan? Even if you had your paperwork set up a few years ago, all of your documents are now out of date, thanks to new tax laws...

Families can pool resources for disabled in ABLE accounts 18 Jan 2018, 10:33 am

CHICAGO (Reuters) - TJ Rodriguez is 36 and cannot walk without a walker, but horse riding helps him build his strength.

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