As discussed earlier, and as both Bank of America and JPM explained, the biggest risk for the market next week is if the Fed not only doesn't cut - the market assigns a very low probability to such a "pre-emptive" move - but fails to signal an aggressive dovish reversal in the form of a rate cut in July. And yet, despite its upbeat outlook - it still expects the S&P to close the year at 3,000…
The biggest European private equity groups are rushing to raise new mega funds as they seek to tap into record demand from investors before markets become tougher. Luxembourg-based CVC Capital Partners is attempting to raise what would be Europe’s largest ever fund – potentially more than €18 billion – as early as next year. Stockholm-based EQT, which is considering a listing later this year,…
Real estate, farmland, timberland, and infrastructure investments can all be made with ESG concerns / impact / sustainability in mind. Within this list, Nuveen provides a couple of papers that describe real estate megatrends as well as specific real asset investment opportunities arising from mass urbanization. Fidante opines on the operational side of ESG integration for real asset…
Shareholder activists want Google parent Alphabet Inc to break itself up before regulators force the world's biggest internet ad seller to split into different pieces.
Tokopedia, an Indonesian e-commerce site backed by SoftBank and Alibaba , said on Wednesday it generated a record $1.3 billion in gross merchandise volume (GMV) during Ramadan sale, amid soaring demand for online retail.
The parallel payment system that Greece's government proposed in 2015 would have bolstered the eurozone. By contrast, the Italian government's planned "mini-Treasury bills" would lead to the single currency's demise.
Hong Kong leader Carrie Lam apologized again on Tuesday and said she had heard the people "loud and clear" after some of the most violent protests in the Chinese-ruled city against an extradition bill that she promoted and then postponed.
Volkswagen said on Tuesday it would put 5,000 digital experts into a new unit called "Car.Software" by 2025 as the German carmaker aims to develop at least 60% of its software in-house by then, up from less than 10% currently.
Worries over the Middle East and another chip sector warning on trade pressured European shares on Tuesday, ahead of a key two-day Federal Reserve meeting which traders expect to clear the way for a cut in interest rates.
The Chinese government's top diplomat warned on Tuesday that the world should not open a "Pandora's Box" in the Middle East, as he denounced U.S. pressure on Iran and called on it not to drop out of a landmark nuclear deal.
Boris Johnson got a further boost in his campaign to become Britain's prime minister on Tuesday when a second former rival in the race backed him to lead the country out of its Brexit crisis.
What will the investment industry look like in 5-10 years' time? And how can individuals and organisations best position themselves for what lies ahead? Here, we list some of the best recent papers, which examine the structural changes in the industry and explore the actions that investment professionals and asset management firms might take now to prepare themselves for the future.
We get the regulators we deserve. It’s no use us whingeing that we have a reactive regulator if we demand a free market without interventions. But when there is evidence of malfeasance, we demand our regulators are quick off the mark and decisive when they get involved.