SAFT ON WEALTH-Corporate bond funds + illiquidity = risk May 20- Corporate bond fund investors react badly, if intelligently, to losing money which may mean some bond funds run into and also cause trouble when a selloff in illiquid markets starts. Given two trends- one towards lower bond market liquidity and and other of surging investment in corporate bond funds- this could end up being a big story.
| By: Jim Saft
UPDATE 1-Paulson & Co gold stakes mostly flat in 1st qtr NEW YORK, May 15- Hedge fund Paulson& Co kept its stakes unchanged in most of its gold investments in the first quarter, when the precious metal's price pared its gains, a filing with the U.S. Securities and Exchange Commission showed on Friday. The New York- based fund, led by longtime gold bull John Paulson, kept his shares in SPDR Gold Trust, the world's largest...
| By: Marcy Nicholson
Malaysia's first-quarter GDP up 5.6% Malaysia's economy grew at a slightly faster than expected 5.6 percent in the first quarter, as investment in the private sector picked up pace, its central bank said on Friday.
Cramer's game plan for the week ahead Mad Money host Jim Cramer looks ahead to market moving events, earnings and data set to take place next week, including quarterly numbers from Actavis, Zillow, Macy's and more.
Saab dismisses prospect of Gripen jet fighters sale to Argentina PARIS, April 27- Sweden's Saab AB on Monday ruled out facilitating the sale of Gripen fighter aircraft to Argentina as the result of a deal to build and export combat jets from Brazil. Saab said it was not involved in any discussions involving Argentina. Saab has sold 60 Gripen Es to Sweden and is finalizing an order for another 36 to Brazil, which will also...