Global currency funds notch wins amid coronavirus volatility

NEW YORK (Reuters) – Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across... Read more »

Elliott hedge fund gains in March, up 2.2% for year: client update

FILE PHOTO: Paul Singer, founder and president of Elliott Management Corporation, speaks at WSJD Live conference in Laguna Beach, California, U.S., October 25, 2016. REUTERS/Mike Blake – D1BEUJAQKPAC/File Photo... Read more »

U.S. financial industry asking SEC to delay broker disclosure rule, citing coronavirus: sources

WASHINGTON (Reuters) – The financial industry wants the U.S. Securities and Exchange Commission to hold off on parts of a new rule requiring brokers to disclose potential conflicts of... Read more »

Billionaire investor Steve Cohen: ‘After an earthquake there are tremors’

BOSTON (Reuters) – Billionaire trader Steven A. Cohen is cautioning the staff of his investment firm, Point72 Asset Management, to remain cautious amid markets that have recovered slightly from... Read more »

Bond investor Jeffrey Gundlach bets stocks March lows to be surpassed in April

FILE PHOTO: Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6, 2019. REUTERS/Brendan McDermid (Reuters) – Bond investor... Read more »

U.S. pension funds may pour $400 billion into stocks, lifting virus-hit markets: JP Morgan

NEW YORK (Reuters) – U.S. pension funds that delayed rebalancing their portfolios are likely to pump about $400 billion into stocks over the next two quarters, analysts at JP... Read more »

Invesco to sell all unquoted holdings in UK equities portfolios

LONDON (Reuters) – Invesco said on Tuesday it would sell all the unquoted companies currently held in its UK equities portfolios and has marked down their value by 60%... Read more »

LendingClub cuts approval rates for high-risk borrowers as coronavirus spreads

FILE PHOTO: A LendingClub banner hangs on the facade of the the New York Stock Exchange in New York, New York, United States December 11, 2014. REUTERS/Brendan McDermid/File Photo... Read more »

Prophet Capital to dissolve hedge fund amid ‘extreme volatility’

BOSTON (Reuters) – Prophet Capital Asset Management LP, an investor in loans and structured credit securities hit by recent market turmoil, plans to temporarily block withdrawals from one of... Read more »

Column: How the $2 trillion U.S. coronavirus relief bill impacts retirement savers

CHICAGO (Reuters) – The $2 trillion economic stimulus package racing toward passage in the U.S. Congress contains several important relief provisions for retirees, and for younger workers saving for... Read more »