Reuters - Money

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Tuesday, February 13, 2018

Rattled by U.S. fiscal, monetary tug-of-war, investors start looking abroad

NEW YORK (Reuters) - The worst week in the U.S. stock market in two years and benchmark 10-year Treasury yields hitting four-year highs are prompting fund managers to rethink their allocation plans.

Q&A: Volatility creates opportunity in emerging markets - PGIM head

(Reuters) - The only thing abnormal that the head of Prudential Financial Inc's asset management unit sees in the recent burst of stock market volatility is that it had not happened sooner. PGIM Chief Executive Officer David Hunt, whose unit manages $1.2 trillion, spoke with Reuters about the opportunity it triggers and more.

Equity holdings in biggest one-month fall in two-years: BAML survey

LONDON (Reuters) - Global investors cut equity holdings by the most in two-years in February, a Bank of America Merrill Lynch survey showed on Tuesday, as world shares had their worst week since early 2016.

Data overload: commodity hedge funds close as computers dominate

LONDON (Reuters) - "Chocfinger" made his name and his money by taking bold bets on cocoa markets. But after nearly four decades of trading, sometimes winning, sometimes losing, Anthony Ward threw in the towel.

Antidote to financial infidelity is honesty

NEW YORK (Reuters) - If you think infidelity only occurs between the sheets, think again.

Ex-Nomura trader must face SEC charges over bond price lies: judge

NEW YORK (Reuters) - The U.S. Securities and Exchange Commission may pursue its civil lawsuit accusing a former senior trader at Nomura Holdings Inc of lying to customers about bond prices in order to boost profit and his bonus, a federal judge ruled on Monday.

Bond vigilantes awaken counterparts in the stock market

NEW YORK (Reuters) - Bond vigilantes could be finding allies in the stock market.

U.S. stock market chill threatens to 'put IPOs on ice'

NEW YORK (Reuters) - Wide swings in the U.S. stock market has blunted initial public offering (IPO) activity on Wall Street in what was set to be the busiest week for new listings in more than two-and-a-half years.

After the tax cut, which employee perks are best?

NEW YORK (Reuters) - If you were choosing from a menu, which would you pick: a $1,000 bonus, an extra percentage point match on your 401(k) or higher pay?

Investor files lawsuit over U.S. LJM fund that lost most of its value

NEW YORK (Reuters) - An investor on Friday filed a lawsuit against managers of a U.S. mutual fund that relied heavily on a strategy that profits from calm markets but lost four-fifths of its value in turmoil this week.