Exchange-Traded Funds
U.S. stock funds post largest withdrawals in five weeks: Lipper
NEW YORK U.S. fund investors reduced their exposure to stocks and bought bonds during the latest week, Lipper data showed on Thursday, as saber-rattling between the United States and North Korea appeared to shake investor sentiment.
Pimco Income Fund, overseen by Ivascyn, attracts $2.65 billion inflows in July
NEW YORK The Pimco Income Fund, overseen by group chief investment officer Dan Ivascyn, attracted inflows of $2.65 billion in July, bringing the fund's total net assets to $92 billion, Morningstar data showed on Thursday.
Investors eye tracking differences, liquidity as bond ETFs balloon
LONDON Focus has sharpened on how exchange-traded bond funds react to market shocks after recent wobbles showed some performing out of line with the assets they are designed to mirror.
Japan PM should focus on regulatory reforms, say economists
TOKYO Japan's Prime Minister Shinzo Abe ought to prioritize regulatory reforms, according to economists in a monthly Reuters poll whose forecasts show they remain pessimistic on prospects for the pace of inflation to pick up in coming years.
Gundlach's Total Return Bond Fund posts ninth straight month of outflows
NEW YORK Investors pulled $200 million from Jeffrey Gundlach's DoubleLine Total Return Bond Fund in July, extending an outflow streak that began in November, according to Morningstar Inc data on Wednesday.
Investors pull more cash from U.S. domestic stock funds: ICI
NEW YORK Momentum for domestic U.S. stock funds waned during the latest week, with investors pulling cash from those products for a sixth week out of the last seven, Investment Company Institute (ICI) data showed on Wednesday.
Funds target 'unknown' stocks as Wall Street cuts analyst jobs
NEW YORK With a nearly 30-percent gain in 2017, shares of industrial products maker Handy & Harman Ltd are outpacing hot stocks like Google-parent Alphabet Inc and Visa Inc. Yet few on Wall Street have ever heard of the $412-million market-cap company, in large part because no sell-side research analysts publish any estimates of its earnings.
Tesla rally pushes funds, ETFs into big bets on shares
NEW YORK Tesla Inc's more than 66 percent rally for the year is prompting some funds to make an outsized bet on the electric car maker.
Investors dump healthcare stocks, appetite for tech fades: BAML
LONDON Healthcare stocks suffered their largest outflows in six months after U.S. attempts to repeal Obamacare crashed and burned, while appetite for tech stocks faded after a strong run, Bank of America Merrill Lynch data showed on Friday.
U.S. taxable bond funds attract cash for fourth straight week: Lipper
NEW YORK Investors poured $1.8 billion into U.S.-based taxable bond funds during the latest , marking the fourth straight week of inflows into the funds, Lipper data showed on Thursday.
Third Point takes 1.6 million share stake in BlackRock, 4.5 million in Alibaba
NEW YORK Dan Loeb's Third Point took a 1.6 million-share stake in BlackRock Inc and reinitiated a stake in Alibaba Group Holding of 4.5 million shares during the second quarter ended June 30, according to regulatory filings late on Friday.