Tag: Funds

3 Magnificent Mutual Funds to Maximize Your Retirement Portfolio

It is never too late to invest in mutual funds for retirement. As such, if you plan to invest in some of the best funds, the Zacks Mutual Fund Rank can provide you with valuable guidance. The best way to shortlist great mutual funds is to ensure solid performance, diversification, and low fees. Some are […]

Big Funds Bet the ‘Anything But Bonds’ Trade Is Poised to End

(Bloomberg) — Big US bond investors have been aggressively shifting money into long-dated notes, betting that the unloved asset class will be one of the winners from eventual interest rate cuts. Most Read from Bloomberg The largest 20 mutual fund managers in the US have increased duration over the past two months as yields climbed, […]

Lewisham woman, 82, bikes up Mont Ventoux to raise Gaza aid funds

Anne Jones completed the cycle in six hours [PA Media] An 82-year-old grandmother has taken on one of the Tour de France’s most famous mountains to raise funds for aid to Gaza. Anne Jones, from Lewisham, south London, rode 20km (12 miles) up Mont Ventoux in southern France to support Amos Trust’s Gaza appeal. She […]

David Tepper Scoops Up Alibaba as Hedge Funds Hunt for Bargains in China

(Bloomberg) — Billionaire investor David Tepper loaded up on beaten-down Chinese stocks last quarter while reducing stakes in high-flying US tech firms, leading hedge fund managers who are slowly warming up to China amid a record gap in valuations between the two markets. Most Read from Bloomberg Tepper’s Appaloosa Management more than doubled its investment […]

Hedge Funds Pump Up Exposure to Nvidia, Cut AMD

(Bloomberg) — Hedge funds continued to lean into the biggest technology companies leading the way in artificial intelligence as the hype propelled the US stock market higher in the first quarter of the year. Most Read from Bloomberg These institutional investors saw Nvidia Corp. exposure grow, with the AI darling having the biggest increase by […]

Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter

By David Randall NEW YORK (Reuters) – Renaissance Technologies, Two Sigma Investments and Arrowstreet Capital were among large firms that sold all their shares of embattled aircraft maker Boeing Co in the first quarter, according to securities filings released on Wednesday. Renaissance Technologies sold 1,057,900 shares in Boeing over the first quarter, a position that […]

UNC-Chapel Hill trustees move to divert DEI funds to police and public safety

The UNC-Chapel Hill Board of Trustees voted to divert millions of dollars spent on diversity, equity and inclusion programs into public safety instead, ahead of an expected policy change statewide to restrict DEI. At a special meeting Monday morning, the board unanimously moved to reallocate the $2.3 million that the university spends on DEI programs […]