Big claims strain senior living market for U.S. insurers

Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies.  Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six weeks later. Now Smith's estate is suing Sunrise, saying that aides did not properly watch her.

The unexpected moneymaker in 2018: euro zone government bonds

Economic optimists have for years been misguidedly predicting the twilight of the boring, safety-first bond market. And the year gone by was another one that proved them wrong, particularly in the euro zone.

U.S. retirees try to keep cool as stocks tumble

Nancy Farrington, a retiree who turns 75 next month, admits to being in a constant state of anxiety over the biggest December stock market rout since Herbert Hoover was president.

U.S. stock funds attract cash for first time in six weeks: Lipper

U.S. fund investors eased into wild stock markets during the latest week, adding $5.2 billion, according to Lipper data on Thursday that reflected the first net positive flows for funds since December's selloff began.

U.S. fund investors sold most bonds in seven weeks on Fed hike: ICI

U.S. fund investors battered bond markets with the biggest withdrawals in seven weeks and snatched the most cash from foreign stocks since mid-2015 as the Federal Reserve hiked interest rates, Investment Company Institute (ICI) data showed on Wednesday.

As FAANG stocks falter, fund managers make bets on survivors

A bear market in the so-called FAANG stocks - Wall Street's most popular trade going into the year - is pushing fund managers into searching for the next big growth companies that can lead the overall market higher.

Factbox: Past Nasdaq bear markets lasted long and cut deep

On Friday, the Nasdaq Composite closed almost 22 percent below its record high daily close on Aug. 29, signaling a nearly nine-and-a-half year bull market run for the index ended in late summer.

Exclusive: City Financial's hedge fund Decca to shut down - letter

London-based fund firm City Financial and the chief investment officer of its Decca Fund, Shahraab Ahmad, have decided to wind down the credit-focused strategy after it "did not deliver the performance that you expect of us", according to a letter to investors reviewed by Reuters.

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