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Monday, September 2, 2013

Reuters Money: Don't 'war game' your portfolio

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09/2/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Don't 'war game' your portfolio
(Reuters) - Investors fearing the impact of an attack on Syria ought to start worrying instead about things they can predict and control.
Flow from equity and bond funds continue: TrimTabs
NEW YORK (Reuters) - The recent decline in U.S. equities pushed investors to redeem $16.7 billion in U.S. equity mutual funds and exchange-traded funds (ETFs) in August through Wednesday, data from research provider TrimTabs showed on Sunday.
Exclusive: U.S. pension funds press Caesars' private equity owners
NEW YORK (Reuters) - Some U.S. public pension funds are pressuring TPG Capital LP and Apollo Global Management LLC to share more of the fees they withdraw from loss-making casino operator Caesars Entertainment Corp, in a rare display of activism against private equity firms.
Column: Five things you should know about Social Security
(The writer is a Reuters columnist. The opinions expressed are his own.)
Money manager Vilar's conviction upheld, new sentence ordered
NEW YORK (Reuters) - A U.S. appeals court upheld the 2008 fraud conviction of money manager and arts patron Alberto Vilar, but ordered that he be resentenced, in a decision that may set back some government efforts to fight insider trading and other securities fraud.
Investors pull $2 billion out of emerging market bond funds
NEW YORK (Reuters) - Investors worldwide pulled $2 billion out of emerging market debt funds in the latest week, the 14th straight week of outflows and the biggest withdrawals since June, a Bank of America Merrill Lynch Global Research report said on Friday.
Tooth Fairy inflation gone wild
NEW YORK (Reuters) - Kelly Bird Pierre knew the world had changed when she heard what the Tooth Fairy was giving out these days.
Most news bad for emerging markets: James Saft
(Reuters) - Syria today, the taper tomorrow - emerging market policymakers are learning that once the market becomes concerned with a current account deficit, most news is bad news.
Hedge fund manager Karsch planning a consulting firm: sources
BOSTON (Reuters) - Hedge fund manager Michael Karsch, who is liquidating his own fund, is readying a new consulting business that will likely count legendary investor Stanley Druckenmiller among its clients, three people familiar with the matter said on Thursday.
Married gay couples win U.S. marriage tax benefits nationwide
WASHINGTON (Reuters) - All legally wed gay couples, no matter which state they live in, are entitled to the same U.S. federal tax benefits as married heterosexual couples, the Obama administration said on Thursday.
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