Reuters - Money

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Friday, December 29, 2017

Noosa founder Koel Thomae found her dream in a spoon of yogurt

NEW YORK (Reuters) - It took just a spoonful of a simple tub of yogurt with passion fruit puree on a trip home to her native Australia to nudge Koel Thomae into a new career.

U.S. stock funds attract most cash since 2014: Lipper

NEW YORK (Reuters) - Investors poured $24.1 billion into U.S.-based stock funds in the week to Dec. 27, Lipper said on Thursday, sending a gift to equity markets already on pace to record a year of double-digit percentage gains.

Biggest withdrawal in four months hits U.S. domestic stock funds: ICI

NEW YORK (Reuters) - U.S. fund investors walloped domestic equities with the most selling in four months, using the proceeds to buy cheaper stocks abroad that could thrive in a global economic expansion, Investment Company Institute (ICI) data showed on Wednesday.

U.S. money market assets increased in latest week: iMoneyNet

NEW YORK (Reuters) - U.S. money market fund assets increased by $10.81 billion to $2.801 trillion in the week ended Dec 26, the Money Fund Report said on Wednesday.

Column: 2018, the year of the active fund manager?: McGeever

LONDON (Reuters) - After years of struggling to beat the index, 2018 should be the year active fund managers earn their spurs.

Henry Cisneros gives life lessons on building dreams

NEW YORK (Reuters) - Henry Cisneros has spent his life working to improve U.S. cities, first as San Antonio’s City Councilor in the 1970’s, then as the city’s mayor for eight years and then as the U.S. Secretary of Housing and Urban Development under President Bill Clinton.

Top small-cap funds of 2017 focus on healthcare, tech in year ahead

NEW YORK (Reuters) - Healthcare, technology and Japanese small-cap stocks look poised to outperform the broader market in the year ahead, according to some of the best performing U.S.-based stock fund managers of 2017.

Ski slopes and beaches forgotten: tax takes precedence

NEW YORK (Reuters) - There will be no holiday slowdown this year for tax consultant Jonathan Traub, who skipped hitting the ski slopes with his family and hunkered down in his Colorado condo to prep for a webcast.

RBS to pay $125 million to settle California mortgage bond claims

(Reuters) - Royal Bank of Scotland Group Plc will pay $125 million to resolve claims that it made misrepresentations while selling mortgage-backed securities to two large California pension funds, the state's attorney general has announced.

A Model Life: How Petra Nemcova transformed tragedy into joy

NEW YORK (Reuters) - If Petra Nemcova's life were a movie plot, nobody would believe it.