Fund Archives - Zxcoachoutlet

Suze Orman on why an emergency fund is most important portfolio piece

October 12, 2020

A robust emergency fund is the most critical component for your investment portfolio, according to Suze Orman.

The personal finance guru, appearing Monday on CNBC’s “The Exchange,” said the coronavirus pandemic has laid bare the need to have money saved in the bank for unforeseen challenges. She experienced it recently in her own life, after having emergency surgery this summer to remove a tumor on her spinal cord.

“The most important thing in anybody’s personal financial portfolio — more than all the stocks and everything — is at least an eight-month emergency [fund], maybe even a year emergency fund,” Orman said.

“If you haven’t learned that after this past year of what we’ve been through, I don’t know. You have to be on another planet,” added The New York Times bestselling author.

In late March, three days after the S&P 500 hit its intraday low of the coronavirus era, Orman

Hippo Finance launches first community governed DeFi hedge fund

October 11, 2020

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The Ethereum based decentralized finance (DeFi) protocol Hippo Finance launches the first community governed hedge fund for anyone interested in investing in crypto farming tokens safely.

Team Hippo aims to set a new industry standard for DeFi farming protocols, as a result, all the code will be audited by two independent security firms before launch.
Hippo Finance is powered by a three token ecosystem, designed to provide farming operations that are sustainable and incentivizes holding HIPPO tokens long term.
Users decide how the decentralized hedge fund is spent through transparent on-chain voting: burn, invest in another project, or distribute as dividends.

London, October 9, 2020 – Hippo Finance, a liquidity mining platform on Ethereum, today announces the launch date of its community governed DeFi hedge fund. Users will generate returns from staking HIPPO tokens in various farming pools, along with growing the decentralized hedge fund which token holders decide to

Schafer: Venture capitalists willing to fund insurance startups who try to crawl over ‘wall’

October 10, 2020

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When health care firms that haven’t been around very long announce new venture-capital financing, it’s hard to miss the big numbers.

This year, $225 million went into an East Coast health insurance firm called Oscar and an additional half a billion dollars of equity was just raised by Bright Health of Minneapolis.

These firms are very much still startups, and you can hear a little Silicon Valley-style language in how they talk about themselves.

Oscar claims to make health insurance simpler and easier to understand, yet it describes itself as “the first direct-to-consumer health insurer, pairing member engagement with our own full-stack technology.”

Well, that does sound better than having half-stack technology.

But the bigger point is how it’s at least a little surprising that upstarts can raise so much capital to jump into an industry with so many barriers to entry.

Health care is highly regulated, both nationally and

Aberdeen Asia-Pacific Income Fund: 8% Yield Supported By World Leading Economic Growth (NYSEMKT:FAX)

October 6, 2020

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The Aberdeen Asia-Pacific Income Fund (NYSEMKT:FAX) is a closed-end fund that invests in Asia-Pacific region bonds and debt securities. While the COVID-19 pandemic has represented a challenging market environment, the fund has been able to overcome significant volatility to return 2% thus far this year. The actively-managed fund currently yields 8.3% distributed monthly, making it a compelling income vehicle. We are bullish on FAX as macro data suggests the Asia-Pacific region is well-positioned to deliver strong economic growth setting up a positive outlook for region bonds. The combination of attractive yields and strong fundamentals makes FAX a good option to diversify investor portfolios with upside on a total return basis.

(Source: finviz.com)

FAX Background

FAX with over $1.2 billion in total assets and an inception date in 1993 is one of the oldest CEFs investing in the region backed by a long-term track record from a credible management team. The

Bridgewater hedge fund settles former co-CEO’s gender pay lawsuit

October 6, 2020

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Bridgewater Associates, the world’s largest hedge fund, has settled its compensation fight with former co-CEO Eileen Murray.
A spokesperson confirmed the deal, but offered no details on the settlement size or terms.
Murray originally filed her lawsuit in July, saying the firm balked on up to $100 million in deferred pay after she disclosed her internal dispute to an industry body.
Visit Business Insider’s homepage for more stories.

Bridgewater Associates settled a multimillion-dollar gender pay-disparity lawsuit with its former co-CEO Eileen Murray for an undisclosed amount of money, it said Monday.

A spokesperson for the Connecticut-based hedge fund confirmed the settlement to Business Insider, saying: “We are pleased that we were able to amicably and fairly resolve the discussions around Eileen’s post-employment benefits.”

Murray, who helmed the $140 billion firm from 2009 to earlier this year, originally filed her complaint in July after departing. She claimed the firm withheld up

US Service Sector Gathers Pace in September: 4 Fund Winners

October 6, 2020

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On Sep 5, the Institute for Supply Management (ISM) reported that its index for activity among non-manufacturing companies rose to 57.8% in September from 56.9% the month before. A reading above 50 indicates growth in the service sector, which accounts for nearly 90% of the U.S. economy. September’s figure points to the fact that the sector grew at an unexpectedly faster rate. In fact, the ISM non-manufacturing index now stands above its pre-pandemic level of 57.3% in February and marked growth for the fourth straight month in September.

The report highlights that September’s uptick was due to a surge in new orders, as the sub-index jumped to 61.5% from 56.8% in August. The survey highlighted comments from respondents who stated that new orders grew significantly as business activity resumed and as retail activity picked up. Moreover, increase in demand as businesses reopen and more people driving also let to the

Exclusive: Turkey’s Wealth Fund in Talks Over Urgent Support for Hard-Hit Turkish Airlines – Sources | Investing News

October 4, 2020

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By Ebru Tuncay, Birsen Altayli and Orhan Coskun

ISTANBUL (Reuters) – Turkey’s wealth fund is in talks to provide emergency funding to flag carrier Turkish Airlines , one of the country’s hardest-hit companies when the coronavirus pandemic halted nearly all flights, four sources told Reuters.

The sources close to the matter said the company, which flies to more destinations worldwide than any other airline, could receive capital or financing support, though nothing had yet been finalised.

It was unclear how much funding the Turkey Wealth Fund (TVF) could make available in what one source called a “bailout”. TVF declined to comment.

In a statement to the stock exchange, Turkish Airlines said the company had not received any information regarding talks being conducted for the provision of capital or financing support to the company.

Measures restricting movement in the wake of the pandemic have led to big losses, layoffs and closures

ETF And Conventional Fund Investors Turn Their Backs On High Yield Funds For The Week

October 3, 2020

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Bond funds (including ETFs) witnessed their first week of net outflows in 25 for the Refinitiv Lipper fund-flows week ended September 30, 2020, handing back a net $1.1 billion. While investors continued to inject net new money into corporate investment-grade debt funds (+$2.1 billion), they were net redeemers of corporate high yield funds (-$3.6 billion) and flexible funds (-$808 million).

With the U.S. equity market witnessing declines over the preceding few weeks, it’s not too surprising to see equity funds and high yield bond funds suffer net redemptions. However, equity funds only handed back a net $32 million for the fund-flows week (for their seventh consecutive week of net outflows), with conventional equity funds suffering net redemptions of $5.024 billion and equity ETFs attracting some $4.992 billion. For the fund-flows week, the average equity fund returned a handsome 3.17%.

However, in the high yield funds space, both conventional high yield

Exclusive: Turkey’s wealth fund in talks over urgent support for hard-hit Turkish Airlines

October 3, 2020

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By Ebru Tuncay, Birsen Altayli and Orhan Coskun

ISTANBUL (Reuters) – Turkey’s wealth fund is in talks to provide emergency funding to flag carrier Turkish Airlines <THYAO.IS>, one of the country’s hardest-hit companies when the coronavirus pandemic halted nearly all flights, four sources told Reuters.

The sources close to the matter said the company, which flies to more destinations worldwide than any other airline, could receive capital or financing support, though nothing had yet been finalised.

It was unclear how much funding the Turkey Wealth Fund (TVF) could make available in what one source called a “bailout”. TVF declined to comment.

Measures restricting movement in the wake of the pandemic have led to big losses, layoffs and closures

Which Healthcare Mutual Fund Should You Buy: PHLAX or FSMEX?

October 2, 2020

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Investors often rely on the healthcare sector to safeguard their investments. This is because demand for healthcare services does not vary much with market conditions. Also, investments in the sector provide sufficient protection to the capital invested.

Many pharmaceutical companies also offer regular dividends. Companies that consistently pay out dividends are financially stable and generate consistent cash flows, irrespective of market conditions. Mutual funds are perfect choices for investors looking to enter this sector since they possess the advantages of wide diversification and analytical insight.

As a matter of fact, the U.S. healthcare sector is anticipated to experience a major revolution in the days to come. The coronavirus pandemic is likely to shape up the future for the space.

In such circumstances, investing in healthcare mutual funds seems prudent. However, choosing the right mutual funds for your portfolio can be quite tricky. To that end, let us find out which