{KXLG -Watertown, SD} The Arrow Education Foundation is offering a unique opportunity to support the Alan Mitchell Athletic Complex while giving participants a chance to win a rare $1,000 bill. Cris Ortmeier, Executive Director of the Arrow Education Foundation, discussed the “Win Big” fundraiser and other upcoming initiatives with KXLG… Your browser does not support…
By Libby George and Marc Jones LONDON (Reuters) -The world’s sovereign wealth funds are turning to active fund management and investments in China, while central banks are diversifying reserves to weather a volatile global environment, an Invesco survey of sovereign funds and central banks managing $27 trillion in assets showed. Still, the dollar reigns supreme,…
A big theme in finance over the past two decades has been a shift in power away from investment banks that traditionally dominated the industry to the asset management firms that orbit it. Now, that’s reflected in the seat of government, too. By picking Scott Bessent as Treasury secretary, Donald Trump has chosen a Wall…
Chinese mutual fund houses are cutting fees on their exchange-traded fund products, as they heeded authorities’ call to support the nation’s $10 trillion stock market. Leading firms including China Asset Management Co. and E Fund Management Co. announced Tuesday that management fees for some of their equity ETFs will be lowered to 0.15% from around…
The rally that swept across China’s stock market a month ago may have cooled, but a slew of indicators suggests some investors are still betting on further gains. The CSI 300 Index has largely been range-bound since an Oct. 8 peak, with an underwhelming fiscal stimulus and concerns over US President-elect Donald Trump’s confrontational stance…
China’s quantitative hedge funds risk ending years of outperforming the market, after a surge in local stocks spurred by the government’s economic stimulus package last month beat their models and squeezed short positions. Quants’ long-only strategies trailed mainland Chinese stocks’ 22% jump by 2 percentage points in September, turning their year-to-date so-called excess return into…