U.S. asset manager aims to list cryptocurrency index fund

U.S. asset manager aims to list cryptocurrency index fund

NEW YORK (Reuters) – Bitwise Asset Management Inc took steps to bring a cryptocurrency exchange-traded fund to market on Tuesday, reviving a race to list a bitcoin-linked investment in the United States. A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson The San Francisco-based company […]

Ex-Point72 portfolio manager to launch macro hedge fund Entheos: sources

NEW YORK (Reuters) – Erik Cetrulo, a former portfolio manager at Steven Cohen’s Point72 Asset Management, is raising funds for a global macro discretionary hedge fund and is targeting a launch in the first quarter of 2019, two sources familiar with the situation said. Entheos Capital Advisors formed its limited partnership in recent weeks, and […]

Amid trade war, U.S. fund investors find little safe haven in gold

Amid trade war, U.S. fund investors find little safe haven in gold

NEW YORK (Reuters) – The fact that investors are siphoning money out of stocks is not helping gold, with the safe-haven asset suffering as people wary of a global trade war flock to the U.S. dollar. FILE PHOTO: Gold bars are displayed at Mitsubishi Materials Corporation in Tokyo March 17, 2008. REUTERS/Issei Kato U.S. fund […]

Bayer launches $7 billion cash call to fund Monsanto deal

Bayer launches $7 billion cash call to fund Monsanto deal

BERLIN (Reuters) – Bayer (BAYGn.DE) launched a 6 billion euros ($ 7 billion) rights issue on Sunday, a cornerstone of the financing package for its planned $ 62.5 billion takeover of seeds maker Monsanto (MON.N). FILE PHOTO: The logo of Bayer AG is pictured at the Bayer Healthcare subgroup production plant in Wuppertal, Germany February […]

Exclusive: World's biggest gold ETF launching new low-fee fund – source

Exclusive: World's biggest gold ETF launching new low-fee fund – source

LONDON (Reuters) – The World Gold Council, owner of the world’s largest gold-backed exchange traded fund (ETF), is launching a new fund with a cut-price management fee to fend off rivals with lower charges, a source familiar with the matter told Reuters. FILE PHOTO: A vendor removes a gold accessory from a glass case at […]

Trump Should Ask Israel to Fund America’s Occupation of Syria

Trump Should Ask Israel to Fund America’s Occupation of Syria

On 16 April 2018, the internationally respected analyst of Middle-Eastern affairs, Abdel Bari Atwan, headlined about Trump’s increasingly overt plan to break Syria up and to establish permanent US control over the parts it wants, “Attempting the Unachievable”. He stated that “The coming few months are likely to prove very difficult for the Americans and very costly, not just […]

FANG stocks' bite has U.S. fund managers looking for alternatives

FANG stocks' bite has U.S. fund managers looking for alternatives

NEW YORK (Reuters) – Fund managers have begun to ditch so-called FANG stocks that powered the U.S. stock market to record highs in January and are slowly rotating into commodity-related shares and other value stocks which typically outperform in late-cycle recoveries. Portfolio managers holding shares of Facebook Inc, Amazon.com Inc, Netflix Inc, and Google-parent Alphabet […]

BlackRock your total describe incoming calls punditry threat in to symbol fund internet marketing business

BlackRock your total describe incoming calls punditry threat in to symbol fund internet marketing business

NEW YORK (Reuters) – BlackRock Inc on Wednesday disclosed in its annual report for the first time a risk associated with “third-party commentary citing concerns about the growth of index investing.” “As a leader in the index investing and asset management industry, BlackRock has been the subject of third-party commentary citing concerns about the growth […]

Exclusive: Blackstone's Hill hands hedge fund reins to McCormick

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. Blackstone has promoted John McCormick to president and chief executive of hedge fund unit Blackstone Alternative Asset Management (BAAM) and Hill will become […]

U.S. fund managers expect value stocks to jump in 2018

NEW YORK (Reuters) – Value stocks are getting a once-over from some U.S. growth fund managers in early 2018 as they prowl for overlooked shares they think have more upside in a market that gained nearly 20 percent last year. Value stocks, so labeled because they typically sport lower price-to-earnings valuations, tend to be in […]