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Jul 31, 2014

Another Big Outflow For High Yield Bond Funds: $1.5B This Week, $5.4B In July

Retail-cash outflows from high-yield funds totaled $1.5 billion in the week ended July 30, with ETFs representing just 23% of the sum, or roughly $334 million, according to Lipper. The outflow is narrower than last week's total of $2.4 billion, which...

Aug 01, 2014

Kevin McCarthy tested as he begins tenure as House majority leader

Rep. Kevin McCarthy of Bakersfield faced an immediate test as his ascension to House majority leader became official Thursday, as he and other Republican leaders struggled to build support for their bill to provide emergency funds for the immigration...

Jul 31, 2014

Music festivals bumping with 'wearable tech'

Attendees' wristbands sync to Facebook and funds...

Jul 31, 2014

Fortress Investment’s Results Are Buoyed by Private Equity Gains

The Fortress Investment Group, which manages a range of hedge funds and other strategies, said its distributable earnings rose 16 percent, to $172 million...

Aug 01, 2014

Rhode Island Attorney General and State Treasurer Complicit in Hedge Fund Wrongdoing

In July, Rhode Island Attorney General Peter Kilmartin rejected an appeal by The Providence Journal for access to limited records related to the state pension system’s investment in three hedge funds—Third Point Partners, Elliot Associates and Mason ... #Rhode Island #Providence, RI

Aug 01, 2014

Google Glass Is Helping Save The Rhino: World Wildlife Fund Harnesses Tech And Business

Conservationists need 21st-century resources to tackle 21st-century problems. Carter Roberts, president and CEO of World Wildlife Fund, explains how cutting-edge tech and big business names are helping to save the world?s most precious ecosystems... #Google Inc. #World Wildlife Fund

Jul 31, 2014

DealBook: In Hedge Fund, Argentina Finds Relentless Foe

A court has ruled that unless Argentina settles a debt dispute with the hedge fund firm of the billionaire Paul E. Singer, it is barred from paying its main bondholders... #Google Inc. #World Wildlife Fund

Jul 30, 2014

Britain Upholds Ban of Defunct Hedge Fund’s Former Chief

Regulators accused Alberto Micalizzi, formerly the chief executive of a defunct London hedge fund, of lying to investors to conceal huge losses during the financial crisis in 2008... #London #Great Britain #United Kingdom

Jul 30, 2014

Senate advances border funds as Congress prepares to leave town

With unexpected support from Republicans, the Senate advanced a $2.7-billion emergency package to handle the influx of minors at the Southwestern border with just days remaining before Congress leaves town... #London #Great Britain #United Kingdom

Jul 31, 2014

The future of crowd-funding: Where to from here?

Carrying crowd-funding through to its furthest potential conclusions, it has been theorised that it could take the place of banks for many functions - both for entrepreneurs and investors. It has also been put forward as a replacement to other forms ... #London #Great Britain #United Kingdom
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