Fixed income returns in India set to surge in 2023, prompt higher investments – analysts
(This Jan. 9 story has been corrected to fix AUM of Nuvama Wealth Management in the fourth paragraph after the…
Economy
Investment management firm AQR books best year in several strategies
By Nell Mackenzie (Reuters) – Investment management firm AQR’s Absolute Return Strategy in 2022 saw its best year since its…
Wood’s Ark Invest nearly liquidates Silvergate Capital position
By David Randall NEW YORK (Reuters) – Star stock picker Cathie Wood’s Ark Invest sold 403,990 shares of embattled crypto-focused…
Deutsche Bank names ex-Morgan Stanley executive Heaney as U.S. chairman
NEW YORK (Reuters) -Deutsche Bank AG appointed Michael Heaney, a retired Morgan Stanley executive, as chairman of its U.S. arm,…
Citadel posts record revenues for hedge fund, securities ops in 2022 – source
(Reuters) – Kenneth Griffin’s Citadel marked record revenues in its hedge fund and electronic-trading businesses for 2022 despite turmoil in…
D.E. Shaw’s biggest hedge fund up 24.7% in 2022
(Refiles to fix typos in paragraphs 2 and 4) NEW YORK (Reuters) -D.E. Shaw’s largest hedge fund gained 24.7% last…
Market misery deals sovereign wealth funds historic setback in 2022 -study
By Marc Jones LONDON (Reuters) – Heavy falls in stock and bond markets over the last year have cut the…
Investors look for ‘Santa Rally’ after grim year in U.S. stocks
By David Randall NEW YORK (Reuters) – Bruised investors are hoping a so-called Santa Claus rally can soften the pain…
Banker bonuses go from boom to bust in jarring reversal
By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for…
Buyout funds rethink deal financing amid shortage of debt
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – Private equity funds are rethinking how they pull off large…