Column: What would private equity funds in 401(k)s mean for retirement savers?

CHICAGO (Reuters) – Employer retirement plans are not known for their flashy investments – a majority of 401(k) investors these days use target date funds that invest in broad, diversified equity and fixed income mutual funds that automatically rebalance to minimize risk as retirement approaches. FILE PHOTO: U.S. Dollar banknotes Continue Reading

Global hedge funds post April gains but still negative for the year: data

BOSTON (Reuters) – Global hedge funds posted their biggest monthly gain in more than a decade in April when stocks rocketed higher with the help of government rescue packages designed to fuel growth stalled by the coronavirus outbreak, according to new data on Thursday. The HFRI Fund Weighted Composite Index Continue Reading

U.S. stock funds see third inflow in a row, high-yield corporate bond funds see record: Lipper

FILE PHOTO: The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri (Reuters) – Investors sent record inflows to high-yield corporate bonds and broke a six-week losing streak for investment-grade debt Continue Reading

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 Morgan said, providing a potential boost to equity markets battered by the coronavirus pandemic. FILE PHOTO: A man wears a protective Continue Reading

Senator hedge fund’s founding duo to split; Klabin will leave firm

BOSTON (Reuters) – Hedge fund Senator Investment Group told clients on Thursday that its founding partners are splitting up, ending one of the industry’s more profitable and durable professional marriages. Alexander Klabin will be leaving the $6.9 billion Senator to “pursue a more entrepreneurial approach to investing,” the firm wrote Continue Reading

Activist hedge funds stepped up calls for asset sales and spin-offs in 2019: data

NEW YORK (Reuters) – Hedge funds that push for change at corporations stepped up their demands for asset spin-offs and sales last year, making them part of nearly half of all activist investor campaigns waged in 2019, according to data released on Wednesday. “A record 99 campaigns with an M&A-related Continue Reading

U.S. stock funds see fourth straight week of outflows: Lipper

Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., November 27, 2019. REUTERS/Brendan McDermid NEW YORK (Reuters) – U.S. equity stock funds saw $390 million in outflows in the week ended on Wednesday, the fourth straight week of outflows for such funds, according Continue Reading

Fidelity fund’s big bet on Juul looms large amid controversy

BOSTON (Reuters) – Juul Labs Inc has become one the biggest bets in the portfolio of Fidelity’s $28 billion Blue Chip Growth Fund, whose exposure to the troubled e-cigarette maker has climbed to $761 million amid a regulatory backlash and departure of its top executive. FILE PHOTO: A sign marks Continue Reading