Money Headlines

Mon, Jun 29 2015

U.S. fund managers await more drops in European stocks before buying

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NEW YORK - European shares fell broadly Monday as Greece edged closer to defaulting on its debt, yet some U.S. equity fund managers said that they were waiting for further declines before they considered it a buying opportunity.

29 Jun 2015

Gundlach says purchased 'lots' of Treasuries, Ginnie Maes on Friday

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NEW YORK - Jeffrey Gundlach, a widely followed investor who oversees DoubleLine Capital, said in an interview on Monday his firm had purchased "lots of Treasuries and Ginnie Maes" on Friday, ahead of new developments in the Greek and Puerto Rico crises.

Money, Greece 29 Jun 2015

Three retirement loopholes seen likely to close

LOS ANGELES - There are plenty of tips and tricks to maximizing your retirement benefits, and more than a few are considered "loopholes" that taxpayers have been able to use to circumvent the letter of the law in order to pay less to the government.

29 Jun 2015

Fri, Jun 26 2015

Gay marriage's big benefit is Social Security

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CHICAGO - Friday’s U.S. Supreme Court ruling on same-sex marriage will give a huge boost to the retirement security of LGBT Americans. That will be especially true in the realm of Social Security - where it pays to be married.

26 Jun 2015

Sun, Jun 28 2015

Alternative investment growth to boom in next five years: report

BOSTON - The alternative investment industry, which includes hedge funds, private equity and real assets, is expected to grow fivefold to at least $13.6 trillion in the next half decade, professional services firm PwC said in a report released on Sunday.

28 Jun 2015

Fri, Jun 26 2015

Same-sex couples face the music: First comes love, then taxes

NEW YORK - Getting married is both an emotional decision and an economic one, something that same-sex couples in the states that have allowed them to legally wed have been finding out since 2004.

26 Jun 2015

U.S. bond managers play defense ahead of expected Fed rate hike

CHICAGO - The managers of some of America's biggest bond funds are trying to protect their portfolios from the effects of a potential interest rate hike by cutting exposure to emerging markets, boosting liquidity and reducing duration.

26 Jun 2015

Mon, Jun 29 2015

Wilbur Ross, hedge fund Greenlight Capital still holding Greek exposure

NEW YORK - Contrarian investor Wilbur Ross was sanguine about the situation in Greece, where he has invested heavily in one of the country's largest banks.

29 Jun 2015

Fri, Jun 26 2015

Unfazed by Greece, some fund managers stay bullish on Europe

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NEW YORK - (This version of the story corrects title of analyst in second paragraph, shows Thornburg has reduced, not eliminated currency in 10th paragraph.)

26 Jun 2015

Consumer Discretionary hedging activity up ahead of earnings

NEW YORK - Investors who have the most to win if Amazon, Disney and other consumer discretionary companies continue to push the sector higher are getting increasingly nervous, judging by their options activity.

26 Jun 2015