Month January 2025

Hedge funds ship double-digit returns in 2024

By Nell Mackenzie and Carolina Mandl LONDON (Reuters) – A number of the world’s largest hedge funds completed 2024 with comfy double-digit returns, benefiting from chaotic markets, central financial institution coverage adjustments and a good U.S. presidential election race. Hedge…

Morgan Stanley to depart sector local weather coalition

LONDON (Reuters) -Funding financial institution Morgan Stanley (NYSE:MS) mentioned on Thursday it had determined to depart the Web-Zero Banking Alliance, turning into the newest U.S. lender to give up the sector’s high international local weather coalition. Whereas the financial institution…

SoFi shares fall after KBW downgrade on valuation issues

By Niket Nishant (Reuters) -Shares of SoFi Applied sciences (NASDAQ:SOFI) fell 6% on Thursday after KBW downgraded its inventory on issues over the fintech agency’s lofty valuation and impressive monetary targets, additional cooling a months-long rally. Analysts on the brokerage…