Tech and financials boost $46.2 billion flows into global equity funds: BofA

Investors piling into tech and financial stocks helped equity funds attract $46.2 billion in their third-largest inflow on record in the week to Wednesday while inflation linked bonds also shone, BofA's weekly fund flow data showed on Friday.

Analysis: After Brazil ructions, a rethink for investors in emerging market state firms

Brazil's shake up of state-run oil firm Petrobras has caused shockwaves at home but may also prompt some bond investors to rethink their $1 trillion-plus exposure to other government-controlled companies across emerging markets.

Analysis: Hedge funds worry about market fallout from Tesla, ARK and spiking yields

Some hedge fund managers are getting concerned about the money that has flooded into high-flying stocks like Tesla and the popular ARK fund as bond yields spike and growth stocks take a hit.

U.S. equity funds attract $14.4 billion in week - Lipper

U.S.-based stock funds in the week ended Wednesday posted inflows of $14.4 billion, according to Lipper.

Activist Legion nominates four to OneSpan's board, pushes for asset sales

Activist investment firm Legion Partners Asset Management on Thursday nominated four directors to OneSpan's board after having publicly pushed the cybersecurity firm to improve its stock performance and sell assets.

COVID-19 vaccine vial maker Stevanato preps IPO valuing it at up to $5 billion: sources

Italy's Stevanato Group, manufacturer of glass vials for COVID-19 vaccines and other healthcare products, is making plans for an initial public offering this year that could value the company at between $4 billion-$5 billion, three sources with knowledge of the situation told Reuters.

St James's Place targets 200 billion stg in funds by end-2025 as profit jumps

St. James's Place expects funds under management to surge more than 50% to top 200 billion pounds ($283 billion) by the end of 2025 as low savings rates and an ageing population boost demand for the British wealth manager's services.

Southeast Asia's biggest travel app plans regional fintech expansion before 2021 listing

Traveloka, Southeast Asia's largest online travel startup, plans to launch financial services in Thailand and Vietnam as it eyes a U.S. listing through a blank-cheque company, its president said.

GameStop rallies again; some puzzle over ice cream cone tweet

GameStop Corp shares more than doubled in afternoon trading on Wednesday, surprising those who thought the video game retailer's stock price would stabilize after a fierce rally and steep dive that upended Wall Street in January.

UK's Lloyds targets wealth push and office cuts after profit drop

Lloyds Banking Group's outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender's insurance and wealth business and further cut costs, as the bank resumed a dividend despite a sharp fall in profits for 2020.

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