U.S. money market assets increased in latest week: iMoneyNet

NEW YORK, Aug 23 (Reuters) – U.S. money market fund assets increased by $25.44 billion to $2.698 trillion in the week ended Aug 22, the Money Fund Report said on Wednesday.

U.S. stock fund withdrawals largest of 2017: ICI

NEW YORK (Reuters) – Investors battered U.S.-based stock funds with the largest withdrawals this year as wild trading disrupted the market’s summertime calm, Investment Company Institute (ICI) data…

Mutual funds mark down investments in Uber by up to 15 percent: WSJ

(Reuters) – Four mutual fund companies have marked down their investments in Uber Technologies Inc [UBER.UL] by as much as 15 percent following the ride-hailing company’s scandal-ridden year, The…

Funds buy record amounts of longer-dated Treasuries at auctions

NEW YORK (Reuters) – Investment funds purchased record amounts of longer-dated U.S. government debt during the quarterly refunding conducted in early August, according to Treasury Department data…

Q&A: Crystal-clear life lessons from Nadja Swarovski

NEW YORK (Reuters) – From Michael Jackson’s iconic white glove to the star on top of the Rockefeller Center Christmas tree, Swarovski crystals seemingly pop up everywhere.

Hedge fund manager Dalio cuts risk amid worries about Washington

BOSTON (Reuters) – Billionaire investor Ray Dalio, who has been expressing concerns about President Donald Trump in recent months, said on Monday he was cutting some of his exposure during a time of…

ADP rejects new board candidates, Ackman fires back

(Reuters) – Automatic Data Processing Inc on Monday rejected billionaire investor William Ackman’s three proposed board candidates, sparking more criticism from the hedge fund manager who is trying…

Doubling Down: Leveraged ETFs offer promise – and danger

NEW YORK (Reuters) – In a volatile market, boring investments can be pretty darn sexy. That is why investors have plowed more than $4 trillion into exchange-traded funds, according to London-based…