Putnam stares down hedge funds on big sh...

Putnam stares down hedge funds on big shopping mall bet


Putnam Investments has placed a large, concentrated bet that struggling U.S. shopping malls can transform themselves even as key tenants shut stores or file for bankruptcy.

Paulson launches alliance to seek better returns in gold sector

Long-time gold bull John Paulson followed through on Friday on a pledge made last year to team up with other gold investors in an effort to work with management of companies in the gold sector to...

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U.S. bond market recession signal not far away, strategists say: Reuters poll

Short-dated U.S. Treasury yields will rise above longer maturities -- a reliable forecaster of recessions -- within two years and possibly in the next year, according to market experts polled by...

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New U.S. tax law could create underpayment headaches for retirees

The U.S. Internal Revenue Service hoisted a big red-flag warning to retirees earlier this month: take a look at how much income tax you are paying throughout 2018, because the amount could need an...

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Ultra-short obligation funds attract inflows ahead of Fed: Lipper

Investors took on a defensive approach ahead of next week's Federal Reserve meeting, pouring money into ultra-short obligation funds as well as equity and fixed-income exchange-traded funds, Lipper...

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Your Money: What to learn from NFL rookies about getting rich quick

You could hardly design a worse scenario for smart money management than being a rookie in the National Football League. Young men in their early 20s, many from low-income backgrounds, are showered...

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DoubleLine's Gundlach warns U.S. Treasury yields headed higher

Jeffrey Gundlach, chief executive officer of DoubleLine Capital, on Wednesday said bond prices across the U.S. Treasury yield curve could fall if the 30-year yield closes above 3.25 percent twice in...

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Strap on the Fitbit: John Hancock to sell only interactive life insurance

John Hancock, one of the oldest and largest North American life insurers, will stop underwriting traditional life insurance and instead sell only interactive policies that track fitness and health...

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Medicare supplement plans are changing: What you need to know

If you are buying a Medicare supplemental policy in the United States, make sure you choose your insurance carefully over the next few months.

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'Who broke the law?' Cohn says in defending Wall Street's role in crisis

Gary Cohn, the former economic adviser to U.S. President Donald Trump, gave a ringing endorsement of Wall Street bankers on Monday, arguing that borrowers were just as responsible for the 2007-2009...

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Traders take Fed's cues, pile on bets on U.S. rate hikes

Bond traders are increasing bets the Federal Reserve will raise U.S. short-term interest rates into 2019 as the jobs market tightens and with inflation seen climbing above its 2 percent goal.

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Investors favor lower-risk bonds in latest week: Lipper

Investors favored lower-risk U.S. bond exposure during the latest week, Lipper data showed on Thursday, as trade conflicts, an emerging market crisis and contradictory economic news spoiled the idea...

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Exclusive: Hedge fund Diamondback founders Schimel and Sapanski plan new fund - sources

The founders of Diamondback Capital, one of a handful of hedge funds touched by the U.S. government's insider trading probe, have reunited and are working on a new investment project, people familiar...

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Exclusive: First Reserve plans $3 billion buyout fund as energy rebounds - sources

First Reserve Management LP is seeking to raise $3 billion for a new buyout fund, making it the latest energy-focused private equity firm moving to capitalize on an oil price recovery that is...

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Fidelity Investments winds down $3.5 billion index fund

Fidelity Investments is winding down a fund that had more than $3 billion in assets last year, with the Boston-based money manager citing an overlap in holdings of other funds used in its target-date...

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Standard Chartered to part ways with three senior Asia bankers in coverage revamp: sources

Standard Chartered is parting ways with three senior Asia-focused bankers and possibly with some mid- and junior-level bankers, as the British lender moves ahead on a plan to cut costs and revamp its...

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Australian insurer hired a private eye to surveil mentally ill woman

An Australian life insurer paid a private investigator who covertly filmed a mentally-ill woman eating breakfast, holding hands with her partner and undressing at a swimming pool in a bid to find...

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iM Global buys stake in U.S. liquid alternatives firm

Investment firm iM Global Partner bought a stake in Dynamic Beta investments, a U.S. firm that tries to duplicate large hedge funds' strategies but for far lower fees.

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COLUMN: U.S. government seeks to help small-business workers save for retirement

Both approaches have advocates when it comes to a critical retirement security goal: getting more workers at small businesses to save for retirement.

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U.S. mutual fund investors flee domestic stocks in latest week: ICI

U.S. mutual-fund investors sprinted out of domestic stocks at the fastest pace in nine weeks as trade talks seemed to deteriorate and social media executives were grilled by lawmakers, Investment...

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