By Claire Milhench

Global funds flee UK assets post-Brexit, seek out EMs

By Claire Milhench LONDON (Reuters) - Global investors cut their UK equity and bond exposure in August in the wake of Britain's vote to leave the European Union and sought out higher-yielding emerging markets in reaction to Western central banks' loose monetary...

Wednesday, August 31, 2016, 4:44 PM

Investors keep faith with U.S. and EM stocks: BAML

By Claire Milhench LONDON (Reuters) - Equity funds attracted $5.1 billion of net inflows this week, building on last week's $6.5 billion of inflows as investors continued to pile into U.S. and emerging market stocks, Bank of America Merrill Lynch (BAML) said on...

Friday, August 19, 2016, 7:41 PM

Investors cut cash, load up on EM and U.S. stocks: BAML

By Claire Milhench LONDON (Reuters) - Global investors have cut their cash holdings sharply and added to emerging market and U.S. stocks in August as global growth expectations have rebounded, a Bank of America Merrill Lynch (BAML) survey indicated on Tuesday...

Tuesday, August 16, 2016, 8:39 PM

Investors cut cash, load up on EM and U.S. stocks: BAML

By Claire Milhench LONDON (Reuters) - Global investors have cut their cash holdings sharply and added to emerging market and U.S. stocks in August as global growth expectations have rebounded, a Bank of America Merrill Lynch (BAML) survey indicated on Tuesday...

Tuesday, August 16, 2016, 8:39 PM

Emerging markets in 'melt up', cash returns to global stocks: BAML

By Claire Milhench LONDON (Reuters) - Equity funds attracted $6.5 billion of inflows this week, the first inflows into global stocks in a month, as investors returned to U.S. markets and continued to pile into emerging assets, Bank of America Merrill Lynch (BAML)...

Friday, August 12, 2016, 3:03 PM

Global funds cut share holdings to five-year lows as Brexit bites

By Claire Milhench LONDON (Reuters) - Global investors dumped equities in July and raised bond allocations after Britain's vote to leave the European Union and subsequent signs of damage to economic growth prompted a dash toward fixed income. The...

Friday, July 29, 2016, 4:36 PM

Global funds cut share holdings to five-year lows as Brexit bites

By Claire Milhench LONDON (Reuters) - Global investors dumped equities in July and raised bond allocations after Britain's vote to leave the European Union and subsequent signs of damage to economic growth prompted a dash toward fixed income. The...

Friday, July 29, 2016, 4:36 PM

Goldman Sachs abused trust in dealings with Libyan LIA, fund's lawyer tells trial

By Claire Milhench LONDON (Reuters) - Goldman Sachs abused its position as a trusted adviser to Libya's sovereign wealth fund, a lawyer for the fund argued on Tuesday, in a case that has subjected the bank's dealings to a forensic degree of scrutiny...

Tuesday, July 26, 2016, 1:48 PM

Investors cut equity exposure to first underweight in 4 years: BAML

By Claire Milhench LONDON (Reuters) - Global investors, fretting over economic growth and Brexit, have cut equity allocations to underweight for the first time in four years while raising cash to the highest in almost 15 years, a Bank of America Merill Lynch survey...

Tuesday, July 19, 2016, 11:01 AM

SocGen seeks to push back trial date in Libya fund case

By Claire Milhench LONDON (Reuters) - French investment bank Societe Generale on Monday asked for an adjournment to push back the date of a trial in a long-running dispute with Libya's $67 billion sovereign wealth fund over a series of trades entered into...

Monday, July 18, 2016, 12:37 PM

Trades with Goldman too complex for Libya's SWF: witness tells court

By Claire Milhench LONDON (Reuters) - Nine disputed trades that Libya's sovereign wealth fund (SWF) entered into with Goldman Sachs were unsuitable by "dint of risk and complexity", according to an expert witness at a trial in London's High Court....

Friday, July 15, 2016, 3:03 PM

Goldman compliance head queried internship in Libya fund case, court told

By Claire Milhench LONDON (Reuters) - A Goldman Sachs compliance chief raised concerns about an internship the bank provided for the brother of a decision-maker at Libya's sovereign wealth fund, a court heard on Tuesday. In a trial at London's High...

Wednesday, July 6, 2016, 1:36 AM

Goldman exec paid for prostitutes, Libyan fund alleges in London trial

By Claire Milhench LONDON (Reuters) - A Goldman Sachs executive footed the bill for prostitutes and the bank paid for a lavish trip to Dubai for the brother of a decision-maker at Libya's sovereign wealth fund, a lawyer for the fund alleged on Monday, in a case...

Monday, June 13, 2016, 11:35 AM

Equities attract $1.5 billion, first inflows in eight weeks: BAML

By Claire Milhench LONDON (Reuters) - Investors shovelled $1.5 billion into equities in the week to June 1, the first net inflows in eight weeks, as appetite for U.S. stocks in particular improved, Bank of America Merrill Lynch (BAML) said on Friday...

Friday, June 3, 2016, 4:33 PM