July 7, 2025

Funds

Funds

New rules result in near absence of ‘sustainable’ passive funds

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors looking to put their money in sustainable areas are being forced to pay higher fees for active funds, due to a “concerning” absence of cheaper, passive vehicles, analysts say. As part of the UK’s

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Funds

Coalition of attorney generals call on U.S. to reinstate Title X funds

(WBNG) — New York Attorney General Letitia James and a multistate coalition of 20 other attorneys general called on the U.S. Department of Health and Human Services to reinstate Title X funds. Last month, Health and Human Services, or HHS, cut off support for family planning and health care services nationwide without reason, leading to

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Funds

Domestic TSP funds continued to swoon in April

The federal government’s 401(k)-style retirement savings program followed a familiar trend last month, with domestic investments underperforming their overseas counterparts. The common stocks of the Thrift Savings Plan’s C fund fell 0.68% in April, bringing their 2025 performance to -4.93%. And the small- and mid-size businesses of the S Fund fell 0.78%. Since January, the

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Funds

MA Gov. Healey talks about Trump’s 100 days

Sam Drysdale  |  State House News Service As President Donald Trump passes 100 days in his second term in office, Gov. Maura Healey says she’s still willing to work with him, but called his administration “a disaster” so far. “I said at the outset that I would work with this administration where it benefits Massachusetts,

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Funds

Judge allows bankrupt Steward to keep employee retirement funds

Former employees of bankrupt Steward Health Care may soon collectively lose tens of millions of dollars in retirement savings, as financial reckoning continues for the system that once operated eight hospitals in Massachusetts. Those employees put their trust — and their savings — with the company, only to see their retirement funds revert to Steward

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Funds

Malaysia’s anti-corruption agency proposes powers to claw back billions in illicit funds

Malaysia’s anti-corruption agency is pushing for sweeping new powers to strike deals with suspects and recover illicit funds before they can vanish overseas – a move officials say could help plug billions of dollars lost to money laundering and organised crime. Criminal syndicates are increasingly using Malaysia to launder money, authorities warn, while the country

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Funds

GlobalData gets takeover proposals from funds managed by ICG, KKR

Britain’s GlobalData said on Wednesday it had received preliminary takeover proposals from funds managed by private equity groups ICG and KKR, sending its shares up as much as 35.9 per cent. The data analytics and consulting company said it was in talks with both parties and they have to announce a firm intention to make

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Funds

Caltrain employee guilty of using public funds to build secret apartment in train station – The Mercury News

REDWOOD CITY – A jury on Wednesday found a former Caltrain deputy director guilty of embezzling public funds to build a personal “crash pad” in a historic Burlingame train station, declining the defense’s argument that his supervisor had given him permission to put the funds toward renovating the apartment and residing there while working 80-hour

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Funds

James fights to restore federal funding for fair housing groups

New York Attorney General Letitia James is leading a coalition of 21 attorneys general in a legal push to restore federal funding for fair housing organizations. The effort responds to a sudden decision by the U.S. Department of Housing and Urban Development (HUD) to cancel 78 grants in February 2025. These grants supported nonprofit groups

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Funds

Sovereign Funds and American Investment Strategy: How to Responsibly Create a U.S. Strategic Investment Fund

The United States is living through the most intense period of geopolitical competition since the end of the Cold War, and its strategic rivals—China, Iran, and Russia—have expressed a shared desire to disrupt the U.S.-led international order. To quote former Deputy National Security Advisor for International Economics and prominent sovereign wealth fund advocate Daleep Singh,

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