By David Randall NEW YORK (Reuters) - Big positions in a handful of stocks helped a select number of U.S. value and small-cap funds rocket higher in ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBy David Randall
The $26 million Kinetics Spin-Off and Corp Rest Adv A, which has half its assets in shares of Texas Pacific Land, led all U.S. equity funds with a 25% gain for the quarter through Thursday. The fund is down 11% for the year to date. The outperformance of those managers came as both the Russell 1000 Value index and the Russell 1000 Growth fell 3.3% for the quarter, while the broad S&P 500 is on pace for a 2.7% decline, as higher bond yields weighed on equity valuations.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blackstone bets on Canadian immigration to usher in growthWith highly educated immigrants set to grow Canada’s population, one of the world’s largest asset management firms is looking to invest heavily in the country.
Read more »
Souring Global Office Bets Raise Risk of Korean Liquidity CrunchInvestors in few, if any, countries in the world have been burned as badly by the collapse in the commercial real estate market as those in South Korea. Its pension funds, insurance companies and asset managers all plowed billions of dollars into properties across the globe just before the pandemic drove down their value.
Read more »
Souring Global Office Bets Raise Risk of Korean Liquidity Crunch(Bloomberg) -- Investors in few, if any, countries in the world have been burned as badly by the collapse in the commercial real estate market as those in South Korea. Its pension funds, insurance companies and asset managers all plowed billions of dollars into properties across the globe just before the pandemic drove down their value.Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlCitadel Is Ready to Fight With SEC Over WhatsApp ProbeBond Selloff Grinds
Read more »
UK Bonds Lead Global Selloff as Higher-for-Longer Bets Sink InUK government bonds led a global selloff as investors around the world come to terms with the prospect of a protracted period of tight monetary policy.
Read more »
American Lithium Bets It Can Open Mine in Peru by 2027A subsidiary of American Lithium is betting it can defy the odds in Peru and open the country’s first lithium mine in speedy fashion despite a sluggish permitting system that can keep projects on hold for years.
Read more »
The Sheehan Show: Best Bets for ONE Fight Night 14, PFL Europe 3Sean Sheehan is here to provide his top picks and predictions for ONE Fight Night 14 and PFL Paris on this episode of The Sheehan Show.
Read more »