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Third Point took new stake in NXP Seminconductors: filing

BOSTON (Reuters) – Billionaire investor Daniel Loeb’s hedge fund made a string of new investments in the information technology sector, including buying 10.7 million shares of NXP Semiconductors NV, during the second quarter, according to a regulatory filing on Friday. Hedge fund manager Daniel Loeb speaks during a Reuters Newsmaker event in…

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YOUR MONEY: Retirement planning the Dr. Strange way

NEW YORK (Reuters) – In the recent film smash “Avengers: Infinity War,” superhero Doctor Strange analyzes more than 14 million possible futures to figure out how to defeat the evil Thanos and save humanity. FILE PHOTO: Premiere of “Avengers: Infinity War” – Arrivals – Los Angeles, California, U.S., 23/04/2018 – Actor Benedict…

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Top DJs spin tales of their first jobs

NEW YORK (Reuters) – The world’s top DJs are basically demigods of the turntable, packing arenas and wowing electronic dance music (EDM) fans everywhere around the globe. Afrojack performs on stage at the 2016 MTV Europe Music Awards at the Ahoy Arena in Rotterdam, Netherlands, November 6, 2016. REUTERS/Yves Herman But for…

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BlackRock’s Rieder halved fund’s emerging market exposure

NEW YORK (Reuters) – Top BlackRock Inc (BLK.N) bond investor Rick Rieder halved exposure in recent months to a once-major bet in his portfolios on emerging markets on concerns including that the dollar could move higher, he told Reuters on Friday. Rick Rieder, BlackRock’s Global Chief Investment Officer, speaks during the Reuters…

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Loan market shrugs off prison financing protests

NEW YORK (LPC) – The U.S. leveraged loan market appeared to shrug off protests at the center of a national immigration debate that saw illegal immigrants separated from their children as advocates take aim at banks financing companies that run detention centers.  Advocacy groups in New York gathered Wednesday near JP Morgan…

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U.S. regulator stands by decision to block Winklevoss bitcoin ETF

NEW YORK/WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS)…

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Nuveen hires industry veteran to alternative investment team

(Reuters) – Investment manager Nuveen appointed Jean Fleischhacker to the newly created role of a private credit asset class specialist in its alternative investment distribution team. Fleischhacker, who has over 25 years of industry experience, joins from Black Diamond Capital Management and will report to Bill Stout, head of U.S. alternative investments…

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U.S. asset manager aims to list cryptocurrency index fund

NEW YORK (Reuters) – Bitwise Asset Management Inc took steps to bring a cryptocurrency exchange-traded fund to market on Tuesday, reviving a race to list a bitcoin-linked investment in the United States. A Bitcoin logo is seen on a cryptocurrency ATM in Santa Monica, California, U.S., January 4, 2018. REUTERS/Lucy Nicholson The…

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