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U.K. property funds could come under further stress after a surge in redemptions following the country's vote to leave the European Union caused three asset managers freeze their holdings, Morgan Stanley said in a note to clients on Tuesday. The value of office properties in central London could fall by as much as 20 percent after Britain leaves the EU as companies consider moving to Europe or delay expansion plans in the U.K., according to industry commentators. [Extracted from the article]

Global economic growth will determine whether sovereign wealth funds withdraw further funds from global markets, according to ADS Holding LLC Chairman Mahmood Al Mahmood. Funds may withdraw as much as $404.3 billion from global stock markets this year if crude prices stay between $30 to $40 per barrel as oil-rich nations seek to shore up their finances, the Sovereign Wealth Fund Institute said in February. [Extracted from the article]

The article focuses on enrollment of more than one billion people for the Aadhar unique identity card by the Unique Identification Authority of India (UIDAI). Topics discussed include statement of the Ministry of Communications & Information Technology on aadhar card enrolment in union territories, increase in transactions using the Aadhaar Authentication and mentions the Aadhaar Enabled Payment System (AEPS) which enables people to deposit or withdraw money.

Norway increased withdrawals from the nation's wealth fund again in March, running ahead of estimates made by the central bank just two months ago. At the faster pace, full-year withdrawals would top an estimate of 80 billion kroner given in February by the central bank governor, who oversees the $860 billion fund. [Extracted from the article]

The article offers information on the several withdrawals that can be made from the Thrift Savings Plan accounts including the partial lump-sum withdrawal and the full withdrawal, and mentions that the people who have not retired can take a balance loan from their account.

Morgan Stanley says attractive valuations matter little at a time of low investor confidence, fund outflows and shrinking profits. The bank, which favors U.S. stocks over Europe, predicts no gains for the region's equities in the next 12 months and says earnings will probably drop 5 percent in 2016, while analysts project profit at S&P 500 members will climb 2.8 percent. To contact the reporter on this story:Sofia Horta e Costa in London at shortaecosta@bloomberg.netTo contact the editors responsible for this story:Cecile Vannucci at cvannucci1@bloomberg.netNamitha Jagadeesh. [Extracted from the article]

Stoxx 600 has been trading in tight range as rally stalled To contact the reporter on this story:Manisha Jha in London at mjha13@bloomberg.netTo contact the editors responsible for this story:Cecile Vannucci at cvannucci1@bloomberg.netAlan Soughley. [Extracted from the article]

(Bloomberg) -- Pimco Shift Shows Clarity Ebbs in Mutual Fund Flows: Gadfly Mutual fund data is thought of as a bellweather for investor behavior in broader markets and specific investment firms. [Extracted from the article]

Use of fund in budget could rise to 80 billion kroner: Olsen "The fall in oil prices will reduce Norway's national wealth", Norges Bank Governor Oeystein Olsen said Thursday in his annual speech in Oslo. [Extracted from the article]

Yuan rebound helps stabilize money market, analyst says Central bank data on Tuesday showed new yuan loans jumped to a record 2.51 trillion yuan in January, roughly equal to the total for the first two months of 2015. [Extracted from the article]

(Bloomberg) -- Cash May Not Be the Cushion Mutual Funds Think It Is: Gadfly Here's some common wisdom on Wall Street: Mutual funds can safely own infrequently traded debt and promise investors easy cash withdrawals as long as the funds have a big pool of cash-like assets. [Extracted from the article]

Investors resumed redemptions from Bill Gross's Janus Global Unconstrained Bond Fund in November, taking out about $74 million, the largest monthly outflow since the erstwhile bond king took over the fund last year. The November withdrawals came the same month it was disclosed that one of Gross's biggest individual backers, billionaire George Soros's investment firm, pulled $490 million from a separately managed account that followed the same strategy as the Janus unconstrained mutual fund. [Extracted from the article]

Clients continued to pull money from some of Grupo BTG Pactual SA's fixed-income funds, bringing net withdrawals since billionaire founder Andre Esteves was arrested last month to 60 percent of net assets. Attribution Brendan Walsh: editor responsible Ney Hayashi: by reporter Cristiane Lucchesi: assist Julia Leite: editor. [Extracted from the article]

Some of Grupo BTG Pactual SA's fixed-income funds have lost about half of their net assets in the week that followed the arrest of the firm's billionaire founder, Andre Esteves. Attribution David Scheer: editor Brendan Walsh: editor responsible Ney Hayashi: by reporter Cristiane Lucchesi: assist Julia Leite: editor. [Extracted from the article]

Partners including new co-Chief Executive Officers Marcelo Kalim and Roberto Sallouti used a share swap with Esteves to take control of the company, Sao Paulo-based BTG said in a regulatory filing Wednesday. Esteves, the billionaire former chairman and CEO of BTG, is in jail indefinitely in connection with Brazil's largest-ever corruption probe, known as Carwash. [Extracted from the article]

Investors pulled equivalent to 40% of net assets of 10 funds The value of assets under management at BTG Pactual's Chilean mutual funds fell to 805 billion pesos ($1.14 billion) by Nov. 30 from 982 billion pesos on Nov. 24, the day before Esteves's arrest, according to data from the Chilean mutual funds association. [Extracted from the article]

There is actually a way to give clients a good answer to this question. [ABSTRACT FROM AUTHOR]

The article reports on the announced plan of the U.S. Federal Reserve for a real-time payment and settlement service. Topics include direct deposit through the automated clearing house network as the way in which 93 percent of U.S. citizens get paid according to a 2018 American Payroll Association poll, 142-percent increase in direct deposits to consumers in 2018, and percentage of people paid by direct deposit who are satisfied with it according to research firm Javelin Strategy & Research.

Borrowing against a 401(k) plan or taking an IRA withdrawal can work under the right circumstances. [ABSTRACT FROM AUTHOR]

When financial emergencies compel early withdrawals from clients' retirement accounts, they face income tax and often an additional 10% penalty. [ABSTRACT FROM AUTHOR]

Retirees who use a smaller withdrawal rate may amass significant excess wealth. That can mean trouble for advisors. [ABSTRACT FROM AUTHOR]

Those who fail to repay their loans on time may face early withdrawal penalties. [ABSTRACT FROM AUTHOR]

One approach to determine a retirement withdrawal rate is to set a fixed percentage of their portfolio every year, says an expert. But there are other strategies, as well. [ABSTRACT FROM AUTHOR]

Billionaire Andre Esteves gives up all of his posts at company Roberto Sallouti and Marcelo Kalim, both partners at the firm, will take over as co-chief executive officers, the company said late Sunday. [Extracted from the article]

Supreme Court decides to extend banker's arrest, lawyer says Attribution Paula Sambo: by reporter Christine Harper: editor responsible David Scheer: editor Cristiane Lucchesi: by reporter Julia Leite: editor. [Extracted from the article]

Ten fixed-income funds lose about one-third of net assets AttributionChristine Harper: editor responsibleBrendan Walsh: editor responsibleFrancisco Marcelino: by reporterNey Hayashi: by reporterCristiane Lucchesi: by reporter. [Extracted from the article]

The Malaysian ringgit remains "significantly undervalued" and risks to economic expansion are unlikely to materialize with exports still strong, central bank Governor Zeti Akhtar Aziz said. On expectations of a Fed rate increase, "investors have already anticipated this and have already priced it in, so we have already seen, we believe, most of the outflows", she said. [Extracted from the article]

The article reports that Australian federal government on October 21, 2015 withdrew its offer money to Australian university willing to host the 'Consensus Centre' of Danish climate sceptic Bjørn Lomborg; and presents views of Ron Slee, Flinders University Branch President, on the same.

The article presents information on the launch of the online gold loans facility of gold loan lender company Manappuram Finance. Topics include the company's provision of secure vaults to safeguard the pledged ornaments of a client, the ability to withdraw seventy five percent of the ornaments' market value anywhere in the world, and the upcoming launch of the pre-sanctioned Gold loan Cards of Manappuram.

Illinois's decision to delay payments to its pension fund because of a prolonged budget impasse is starting to have real consequences. The call comes one week after Comptroller Leslie Geissler Munger said Illinois's $560 million November payment to its retirement funds would be delayed, and its December payment could also be postponed as the budget stalemate approaches a fifth month. [Extracted from the article]

As a result, earnings missed estimates, revenue missed estimates, and the stock? Most likely this is a reaction to the company's plans to cut costs and, more importantly, boost its share buyback plans. Scrutiny has fallen upon the $58 billion Templeton Global Bond Fund, which has trailed 89 percent of peers this year, and the $79 billion Franklin Income Fund, which was outshone by 64 percent of peers as its overweight position on beaten-down energy shares stuck out like a sore thumb. [Extracted from the article]

The article reports on the launch of an online provident fund (PF) withdrawal facility in March 2016 by the Employees' Provident Fund Organisation (EPFO), a retirement fund body, following the decision of the U.S. Supreme Court to extend the voluntary use of Aadhaar card to government system. It says that the facility will work for online settlement of PF claims. Insights of Central Provident Fund Commissioner K. K. Jalan about the issue, are provided.

Weekly fund flows data shows $573 million was taken out of loan funds for the week ending Sept. 2, bringing the six-week total of withdrawals to more than $3.5 billion. In high yield, the withdrawals were down to $226 million, thanks to new money flows into ETFs. [ABSTRACT FROM AUTHOR]

Loan funds saw a third consecutive week of sell-offs by investors who have now pulled more than $2 billion out of the market this month. Meanwhile, high-yield bonds rebounded with a weekly gain in total deposits into mutual and exchange-traded funds after three consecutive weeks of $1 billion-plus withdrawals from the market. [ABSTRACT FROM AUTHOR]

The article reports on concerns on the ability of parents in Greece to cover the costs of their children's study abroad as part of the Erasmus exchanges due to limitations on cash withdrawals imposed in the country.

To contact the reporter on this story: Ben Bain in Mexico City at bbain2@bloomberg.net Investors have poured a net $56.9 million into the iShares MSCI Mexico Capped ETF since July 3, compared with outflows of $641.6 million for global funds excluding the U.S. Brazil ETFs had an inflow of $5.2 million, while China-focused funds posted withdrawals of $56.9 million during the same span. Mexican funds had posted the second-biggest outflow among emerging markets in the first half of 2015 as the government and central bank cut economic growth forecasts. [Extracted from the article]

Another offshore fund that pumped investor cash into Bernard Madoff's record Ponzi scheme settled a lawsuit over the case, agreeing to put up $140 million to help repay his victims. The trustee, Irving Picard, has sued dozens of offshore investment funds, claiming they ignored red flags in exchange for Madoff's high returns. [Extracted from the article]

A total of 80 percent of North American sovereigns expect zero or reduced funding, compared with 42 percent of funds in the rest of the world, Invesco said in its Global Sovereign Asset Management Study on Wednesday. Some sovereigns expect the fall in oil price to lead to a short-term reversal to more conservative investment strategies and defer long-term allocation towards alternative asset classes, according to Invesco. [Extracted from the article]

The article reports on the total withdrawals of high-yield bond and loan mutual funds in June 2015 worth 2.8 billion U.S. dollars, according to mutual and hedge fund data provider Lipper, Inc.

Old Mutual Global Investors transferred management of a $272 million bond fund to Bill Gross at Janus Capital Group Inc. from his previous firm, Pacific Investment Management Co. Gross, 71, returns to managing the Old Mutual Total Return USD Bond Fund on July 6, Old Mutual said in a statement from London on Friday. The objective of total return consistent with preservation of capital and prudent investment management won't change, the company said. [Extracted from the article]

The article reports that the number of people who made withdrawals from defined contribution plans in 2014 remained the same compared to 2013 according to Investment Company Institute data.

Large trading firms returned to the seaborne iron ore market with offers on Tuesday April 28 after the previous day's withdrawal, though many continue to price their cargoes against indices. [ABSTRACT FROM AUTHOR]

The article offers tips to Australian travelers on limiting the expenses when traveling to South America. Topics discussed include the average daily budget for an Australian traveler to South America, the countries in the region that are cheaper than others and the big cities of South America where costs will be higher. Also discussed are the banks that have units in South America that offer withdrawal services without fees.

Investors pulled $7.3 billion in March from the Pimco Total Return Fund, down from redemptions of $8.6 billion in February and $11.6 billion in January, according to data from the Newport Beach, California-based firm. Total Return suffered the worst withdrawals in the history of fund management last year as investors pulled a record $105 billion. The performance of Pimco Total Return has rebounded as the new managers reduced the fund's exposure to debt maturing within five years, as Gross went the other way. [Extracted from the article]