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China stimulus lifts mood in countdown to Fed’s Powell

  Bloomberg US futures rise on Thursday as China’s massive stimulus steadied some nerves in the anxious wait for a key speech by Federal Reserve Chair Jerome Powell. Treasury yields and a dollar gauge dipped. Contracts on the S&P 500 and Nasdaq 100 pushed higher in the wake of positive closes for both gauges, though they came off session highs. ...

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HK short squeeze rises risk for Morgan Stanley quants

Bloomberg The amount of bearish bets against Hong Kong stocks has risen to levels that could trigger a surge in share prices as traders rush to close out their positions, according to quantitative analysts at Morgan Stanley. Hedge funds and other short sellers say they’re either covering bearish wagers or planning to do so, strategist Gilbert Wong wrote in emailed ...

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First Abu Dhabi Bank announces multiple-thematic fund for clients

  Abu Dhabi / WAM First Abu Dhabi Bank (FAB) has announced the launch of a multiple-thematic fund, the “FAB Thematic Rotation Fund” under the OneShare PLC umbrella fund, which is regulated by the central bank of Ireland. Through this fund, investors will have access to global investment opportunities across themes and trends arising from long-term structural changes, called Megatrends, ...

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