Edition:
India

Maiya Keidan

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

4:00pm IST

Provident Financial chairman Manjit Wolstenholme dies suddenly

Former investment banker Manjit Wolstenholme, who took over the running of troubled British doorstep lender Provident Financial three months ago, has died suddenly at the age of 53.

22 Nov 2017

Hedge funds sell shares in Altice USA after difficult quarter

LONDON Nearly fifty hedge funds sold over half a billion dollars of shares in Altice USA in the third quarter, according to filings, as the cable company continues to suffer from concerns over its debt level.

20 Nov 2017

As many Venezuela bondholders stampede, some joust for advantage

Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity.

20 Nov 2017

As many Venezuela bondholders stampede, some joust for advantage

NEW YORK/LONDON/CARACAS Venezuela's efforts to restructure its debt may have triggered an initial stampede for the exits, but some investment funds are maintaining their portfolios or even beefing them up, betting that other investors' distress could spell opportunity.

17 Nov 2017

Hedge fund bet on Glencore backfires with $100 million loss

LONDON London hedge fund giant Lansdowne Partners lost $100 million from a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise. For Lansdowne, that bet had generated returns in 2014 and 2015, when Glencore more than other major miners was dragged down by falling commodity prices and concerns about its level of debt. But so far this year, Glencore's shares have risen 29 percent, from 278 to 354 pence, making it the top-performing global miner.

15 Nov 2017

Hedge funds bet on reinsurance recovery

LONDON Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday.

15 Nov 2017

Hedge funds bet on reinsurance recovery

LONDON, Nov 15 Hedge funds bought reinsurance stocks in the third quarter after prices tumbled on widespread losses after multiple hurricanes in North America, filings showed on Wednesday.

15 Nov 2017

Man Group says bitcoin futures would draw it toward cryptocurrencies

LONDON British hedge fund firm Man Group will add cryptocurrencies to its investment universe if the Chicago Mercantile Exchange launches a bitcoin futures contract as planned, CEO Luke Ellis told Reuters on Tuesday.

10 Nov 2017

Multi-manager hedge funds hook investors with returns recovery

LONDON/NEW YORK Multi-manager hedge funds, often star performers, have recovered from below-par returns in 2016, with investors adding $1.2 billion (908 million pounds) to them during the first three quarters of 2017.

07 Nov 2017

Custos to push for Alex Salmond as Johnston Press chairman

Johnston Press Plc's biggest shareholder, Custos Group, said on Tuesday it would push for the appointment of Scotland's former nationalist first minister, Alex Salmond, as the British newspaper publisher's chairman.

Markets

  • Asia
  • U.S.
  • Europe
  • Sectors
Stock Search
Sensex 33,679.24 + 91.16 +0.27%
Nikkei 22,550.85 + 27.70 +0.12%
Hang Seng 29,866.32 + 158.38 +0.53%
EUR/INR 76.834 +0.44%
USD/INR 64.675 +0.19%
GBP/INR 86.173 +0.32%
Gold 1,291.60 +0.00 +0.00%
Oil 58.70 +0.68 +1.17%
Corn 345.25 +0.00 +0.00%