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Relief for North Korea only after clear, irreversible steps to denuclearization:...

SINGAPORE (Reuters) - U.S. Defense Secretary Jim Mattis said on Sunday North Korea will receive relief only after it takes clear and irreversible steps...

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...

Goldman Sachs pressed on strategy as new CEO confirmed

(Reuters) - Goldman Sachs Group Inc was pressed for details on new businesses after an uneven second-quarter performance, a likely preview of challenges...

Hedge fund firm PAAMCO Prisma co-CEOs Buchan and Reddy to leave

BOSTON (Reuters) - Investment firm PAAMCO Prisma, one of the world’s biggest investors in hedge funds, said on Tuesday that a six-person executive...

Ex-Point72 portfolio manager to launch macro hedge fund Entheos: sources

NEW YORK (Reuters) - Erik Cetrulo, a former portfolio manager at Steven Cohen’s Point72 Asset Management, is raising funds for a global macro...

Wilshire Funds Management alternative asset group loses more executives

BOSTON (Reuters) - Two managing directors overseeing alternative investments at Wilshire Funds Management quit the firm in June, a person familiar with the...

Fannie Mae issues first-ever SOFR-based securities

NEW YORK (Reuters) - Fannie Mae on Thursday issued the first-ever securities based on the Secured Overnight Finance Rate (SOFR), an alternative to...

Hedge fund Voce’s nominees elected to Natus board

(Reuters) - Natus Medical Inc said on Friday its stockholders had elected hedge fund Voce Capital Management’s nominees to the company’s board, ending...

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...

Investors switch to defensive equities and bonds: BAML

LONDON (Reuters) - Investors switched to defensive equities and bonds in the week to July 11 as the U.S. slapped tariffs on $34...
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