Global hedge funds post April gains but still negative for the year: data

Global hedge funds posted their biggest monthly gain in more than a decade in April when stocks rocketed higher with the help of government rescue packages designed to fuel growth stalled by the coronavirus outbreak, according to new data on Thursday.

U.S. stock funds shed $10.8 million in week: Lipper

U.S.-based stock funds posted $10.8 billion in outflows in the week ended ON Wednesday, according to Lipper.

US money market assets increased in latest week: iMoneyNet

U.S. money market fund assets increased by $37.80 billion to $4.690 trillion in the week ended May 5, the Money Fund Report said on Wednesday.

Fund managers fish for dividend plays amid sharp cuts

Some dividend fund managers are wading back into the shares of battered railroad stocks, energy companies and other economically sensitive, cyclical names, even as a host of companies have slashed their payouts.

Your unemployment questions, answered

U.S. jobless claims have exceeded 30 million since the coronavirus outbreak hit the country, wiping out a decade of job gains and sending many Americans scrambling to find work and cash in on government aid.

US money market assets increased in latest week: iMoneyNet

U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said on Wednesday.

Fear, sticker shock over health insurance greet laid-off workers

If you were laid off in April, the health insurance from your job may stop at the end of the month. Then what?

Scaramucci's SkyBridge hit with heavy redemption requests as fund fell: letter

Investors in SkyBridge Capital asked for hundreds of millions of dollars back after the fund suffered a 23% loss in March when investments made by its debt-focused hedge fund managers soured, Anthony Scaramucci wrote in a letter to clients, saying he was "embarrassed" by the loss.

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