Reuters - Money

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Monday, March 6, 2017

Banks come in from the cold for hedge funds

LONDON/BOSTON (Reuters) - Bank stocks are back in vogue for hedge funds, which have shunned the industry over the past seven years due to a squeeze on banks' profitability from low interest rates and because of their opaque balance sheets.

'Green' funds flush with new cash, challenges as Trump era dawns

NEW YORK (Reuters) - Environmentally conscious investors are using their pocketbooks to protest President Donald Trump's plans to slash environmental regulations, fueling a rally in funds that only invest in companies that meet progressive criteria for sustainability.

Winton CEO defends firm from Buffett criticism of fees, returns

LONDON/NEW YORK (Reuters) - David Harding, founder of one of the world's biggest hedge funds, on Friday defended his firm against Warren Buffett's criticism of hedge fund fees last week.

'Green' funds flush with new cash, challenges as Trump era dawns

Research undercuts Fed's two favorite U.S. inflation tools

NEW YORK (Reuters) - Two tools that the Federal Reserve heavily relies upon to predict U.S. inflation in fact provide little practical help, and the Fed would be wise to only modestly overshoot its 2-percent price target, concludes a high-profile paper published on Friday.

Advisory Board, hedge fund Elliott enter standstill agreement

(Reuters) - Activist hedge fund Elliott Management Corp said on Friday it had entered into a standstill agreement with U.S. healthcare services company Advisory Board Co.

David Copperfield on creating a magical life: Don't ignore reality

NEW YORK (Reuters) - If you had to name just one person on Earth who is living his or her best life, David Copperfield would have to be among the finalists.

High-spirited investors buy U.S. stock funds for fifth week in a row

NEW YORK (Reuters) - Investors piled into riskier assets again in the latest week, pouring cash into U.S.-based funds invested in stocks and bonds girded against inflation, Lipper data showed on Thursday.

What happens if you do not file your U.S. taxes?

NEW YORK(Reuters) - People often wonder what happens if you do not file your tax returns. Josh Kornbluth lived it.

First Jobs: How to make it to the governor's mansion

NEW YORK (Reuters) - The road to the governor's mansion is not always paved with public-service positions. Many state leaders got their starts in much humbler jobs before they even thought about running for office.