Reuters - Money

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Tuesday, October 10, 2017

Bill Gross of Janus blames Fed for 'fake markets'

NEW YORK (Reuters) - Influential bond investor Bill Gross of Janus Henderson Investors said on Monday that financial markets are artificially compressed and capitalism distorted because of the U.S. Federal Reserve's loose monetary policy.

Q&A: Tamed 'Wolf of Wall Street' Belfort shares new sales secrets

NEW YORK (Reuters) - Jordan Belfort inspired the feature film "The Wolf of Wall Street," which starred Leonardo DiCaprio and portrayed the wealth and excesses that the head of former Long Island brokerage Stratton Oakmont enjoyed back in the 1990s.

Emerging market tech stock boom gives fund managers a headache

LONDON (Reuters) - The boom in emerging market technology stocks is becoming a problem for fund managers of all stripes.

GE names hedge fund Trian executive Ed Garden to board

(Reuters) - U.S. industrial conglomerate General Electric Co, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructuring, appointed the hedge fund's chief investment officer to its board on Monday.

Fall is right time to rethink your Medicare drug plan options

CHICAGO (Reuters) - Forewarned is forearmed - and for U.S. seniors, the warning just arrived in the mail.

Bright Forecasts: First jobs of weather gurus

NEW YORK (Reuters) - Looking at the weather and other natural phenomena these days, it seems the only thing that has yet to occur is a plague of locusts.

New York-area hedge fund manager charged with Ponzi fraud

NEW YORK (Reuters) - A suburban New York hedge fund manager accused of losing or spending all but about $27,000 of the $21.8 million he told investors he had was criminally charged on Thursday with running a Ponzi scheme.

Buyout funds use minority stake sales to show off best assets

LONDON (Reuters) - Private equity funds are increasingly selling minority stakes in investments to pension and sovereign wealth funds as they strive to deliver returns for investors while holding onto prized assets in a hotly competitive market for deals.

Glimmers of 'reflation' trade in U.S. funds, but no love for stocks

NEW YORK (Reuters) - The Trump administration's highly anticipated tax plan spurred modest flows into funds that profit from higher interest rates and inflation, Lipper data showed on Thursday, but that resurgent "Trump trade" did not boost stocks.

Column: Pre-tax retirement contributions at risk in tax reform

NEW YORK (Reuters) - If you like the income tax reduction you get for your 401(k) contribution then make sure to max out now, because you may not get the chance in the future.