Reuters Money: January 4, 2017

Click to View in Browser Wednesday, January 4, 2017 BlackRock's U.S.-based active funds post record 2016 withdrawals: Morningstar NEW YORK (Reuters) - Investors pulled $19.3 billion from BlackRock Inc's U.S.-based actively managed mutual funds in 2016, Morningstar Inc estimates showed on Tuesday, a record high as the investment industry struggles to restrain an exodus to lower-cost investments. DoubleLine Total Return bleeds $3.5 billion, biggest monthly outflow ever NEW YORK (Reuters) - The DoubleLine Total Return Bond Fund posted a net outflow of $3.5 billion in December, its biggest one-month withdrawal ever, data from research firm Morningstar showed on Tuesday. ETFs globally gather record cash in 2016 -BlackRock NEW YORK (Reuters) - Investors funneled $375 billion into exchange-traded funds in 2016, investment manager BlackRock Inc said on Tuesday, a global record that came as investors looked to cut costs. Wall St. thinks stocks will rise in 2017 - What could go wrong? NEW YORK/SAN FRANCISCO (Reuters) - Wall Street's rally could be derailed by renewed worries about President-elect Donald Trump's policies, a resurgent dollar or potential wild-card events like cyber attacks or a trade war, investors say as they look to 2017. Bankers cautious on outlook for global equity deals after 2016 slide LONDON (Reuters) - Global equity raising fell by more than a quarter in 2016, data showed on Friday, hit by geopolitical shocks and a string of failed initial public offerings (IPOs), with the outlook for 2017 looking shaky. New York eases proposed cyber regulations after industry complaints (Reuters) - New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying implementation by two months to March 1. U.S. fund investors cheer stocks at year's end (Reuters) - Investors' enthusiasm for equities and corporate bonds showed little sign of waning during the latest week, with funds in both categories scooping up more money, data from the Investment Company Institute showed on Wednesday. How Deutsche's big bet on Wall Street turned toxic FRANKFURT (Reuters) - Deutsche Bank's pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the extent of its decline since 2008 when its then chief executive claimed it was one of the "strongest banks in the world". SEC says it charges lawyer with stealing investor money in EB-5 offerings WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission charged a California lawyer on Tuesday with defrauding people who signed up for an immigrant investor program aimed at creating jobs for Americans. Stockpickers, nursing losses despite market's bull run, look to 2017 NEW YORK (Reuters) - Financial pundits shouted about record high levels for the stock market in 2016, but for actively managed stock mutual funds there was another record, one they would rather keep quiet: the largest amount of net withdrawals ever recorded. Related Video Wall St ends solid 2016 on dour note Tech to boost 2017 IPO market Related News Wall St. opens higher, Fed minutes awaited Automakers could post record 2016 U.S. sales on Wednesday: poll Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook