Reuters - Money

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Thursday, October 26, 2017

Oh, behave: How to make sense of behavioral ETFs

NEW YORK (Reuters) - Can you make serious money by capitalizing on human foibles?

Medicare should warn enrollees on steep late sign-up penalties

CHICAGO (Reuters) - For many Americans entering retirement, it comes as an unwelcome surprise: Medicare premiums become much more expensive if you do not sign up on time.

Trump and U.S. House tax lawmaker reopen door to 401(k) changes

WASHINGTON (Reuters) - President Donald Trump and the U.S. House of Representatives' top tax law writer reopened the door on Wednesday to changes in the 401(k) retirement savings program, just days after Trump seemed to rule out such a step under a broad Republican tax overhaul project.

Class-actions still a reality for U.S. financial firms with bad press

NEW YORK (Reuters) - Not every financial firm will be able to reap the benefit of Wall Street's victory in dismantling the threat of class-action law suits.

Guggenheim's Minerd says U.S. bull market in bonds 'soundly in place'

NEW YORK (Reuters) - The U.S. bull market in bonds is "still soundly in place" despite the rise of the 10-year yield above 2.4 percent this week, Scott Minerd, global chief investment officer at Guggenheim Partners, said on Wednesday.

In class action policy war, data backs big business: Frankel

NEW YORK (Reuters) - (The opinions expressed here are those of the author, a columnist for Reuters.)

Mutual funds, ETFs nab $20.77 billion for week ended Oct. 18, biggest since June

NEW YORK (Reuters) - Total estimated inflows to long-term mutual funds and exchange-traded funds (ETFs) were $20.77 billion for the week ended Oct. 18, the biggest attraction of cash since mid-June, as investors put money to work at the start of the fourth quarter against the backdrop of rising global equity markets, the Investment Company Institute reported Wednesday.

China Everbright, VC firm Walden launch $500 million semiconductor fund

HONG KONG (Reuters) - China Everbright Limited (CEL) and U.S.-based venture capital firm Walden International are launching a $500 million fund to invest in semiconductor and industrial information technology, amid Beijing's drive to be a leader in the sector.

Proxy firm ISS supports ADP management but recommends Ackman to board

BOSTON (Reuters) - Proxy advisory firm ISS on Wednesday recommended that shareholders largely vote for directors recommended by the board of Automatic Data Processing Inc, but also supported the election of hedge fund manager William Ackman.

Private equity firm Thomas H. Lee buys stake in indie wealth manager HighTower

NEW YORK (Reuters) - Independent wealth manager HighTower said on Wednesday it had sold a stake to private equity firm Thomas H. Lee Partners.