Tag Archives: mutual

9 stocks hedge funds and mutual funds really love right now: Goldman

In a bull market like the one we have at present, it’s unsurprising that money managers at mutual funds and hedge funds — often with starkly opposing approaches to investing clients’ cash — could find a bit of common ground on the best names to own.  Goldman Sachs found in a new analysis of 813 hedge funds with $2.9 trillion in gross equity exposure and 573 mutual funds with $3 trillion in assets under management, there are nine stocks both view bullishly right now. They include: Adobe ( Source link

Read More »

‘Floodgates’ open on mutual funds converting into ETFs

Investor hunger for more exchange-traded funds (ETFs) is catching the attention of asset managers now eager to convert their mutual funds. [Read: Yahoo U: What are ETFs?] On Wednesday, JPMorgan Asset Management announced plans to convert about $10 billion in U.S. mutual funds into ETFs, the latest in a trend that could be set to accelerate. The plan will create “active transparent ETF structures” out of four current mutual funds: JPMorgan International Research Enhanced Equity Fund, JPMorgan… Source link

Read More »

Magic, coach Steve Clifford agree to ‘mutual’ parting

The Orlando Magic are launching a full rebuild, and they’ve already made one major change.  The Magic announced on Saturday that they’ve decided to part ways with head coach Steve Clifford. The move isn’t a firing, but reportedly a mutual decision.  Clifford, 59, became Magic head coach ahead of the 2018-2019 season. He led the team to a 42-40 record and a 33-40 record in his first two seasons, both of which ended with trips to the playoffs. They were eliminated in the first round both… Source link

Read More »

Top 4 Mutual Fund Holders of Microsoft (MSFT)

Microsoft Corporation (NYSE: MSFT) was formed in 1975 by Bill Gates and Paul Allen, as they rushed to create an operating system for the Altair 8800 microcomputer. The Altair 8800 was arguably the first microcomputer that kicked off the computer revolution, and with it came Altair Basic, a licensed version of Microsoft Basic. Microsoft Basic was the company’s first licensed commercial product, as it licensed various versions to Apple Computers (NASDAQ: AAPL), Commodore, and IBM (NYSE: Source link

Read More »

Top 4 Mutual Fund Holders of Microsoft (MSFT)

Microsoft Corporation (NYSE: MSFT) was formed in 1975 by Bill Gates and Paul Allen, as they rushed to create an operating system for the Altair 8800 microcomputer. The Altair 8800 was arguably the first microcomputer that kicked off the computer revolution, and with it came Altair Basic, a licensed version of Microsoft Basic. Microsoft Basic was the company’s first licensed commercial product, as it licensed various versions to Apple Computers (NASDAQ: AAPL), Commodore, and IBM (NYSE: Source link

Read More »

US judge overseeing Google case will sell mutual funds holding Alphabet stock

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. The federal judge hearing the U.S. Justice Department’s antitrust case against Google said on Friday he directed his financial advisers to immediately sell mutual funds he owns that hold stock of the search engine’s parent Alphabet Inc. Separately, Google said in a brief court filing that it would not ask for the case to be thrown out at an early stage based on procedural issues. GET FOX BUSINESS ON… Source link

Read More »

U.S. judge overseeing Google case will sell mutual funds holding Alphabet stock

TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is… Source link

Read More »

U.S. judge overseeing Google case will sell mutual funds holding Alphabet stock

FILE PHOTO: A Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake WASHINGTON (Reuters) – The judge hearing the U.S. Justice Department’s antitrust case against Alphabet Inc’s Google said on Friday he had directed his financial advisers to immediately sell mutual funds he owns that hold Google stock. Judge Amit Mehta said he learned that “some of our mutual fund holdings do contain two different classes of Alphabet… Source link

Read More »

U.S. judge overseeing Google case will sell mutual funds holding Alphabet stock

WASHINGTON, Jan 8 (Reuters) – The judge hearing the U.S. Justice Department’s antitrust case against Alphabet Inc’s Google said on Friday he had directed his financial advisers to immediately sell mutual funds he owns that hold Google stock. Judge Amit Mehta said he learned that “some of our mutual fund holdings do contain two different classes of Alphabet stock” and directed their sale. Mehta said “neither my wife nor I directed the purchase of these particular funds; they were… Source link

Read More »