The Nasdaq Composite suffered its worst day of trading since October as the tech sell-off continued. CNBC's Jim Cramer explained what's pressuring stocks.
Secretly, Biden's Foreign Policies Are Trump's Foreign Policies
Authored by Eric Zuesse via The Strategic Culture Foundation,
Biden’s foreign policies are putting Democratic Party lipstick onto the Republican Party’s pig. That’s his 'change', on US foreign policies. Though President Joe Biden is publicly critical of Trump’s foreign policies, he’s continuing almost all of them and is…
Aware Super is being more direct in its real assets investment strategy, a new approach that coincides with unique conditions for deal execution, a panel of asset allocators have discussed.
The post Property value dislocations push allocators into unfamiliar territories appeared first on Investment Magazine.
Fund managers have been profiting from a popular trade done via Hong Kong’s cross-border investment link into mainland China’s vast US$15 trillion bond market, taking advantage of the higher yields of onshore bonds as compared to their offshore equivalents.The trade, carried out via the Bond Connect scheme, has been popular among managers active in China’s domestic bonds as well as so-called dim…
From Matthew Graham at MortgageNewsDaily: Mortgage Rates Are Now Well Over 3 PercentMost any mortgage lender added another eighth of a percent to their 30yr fixed rate offerings. Over the course of the past week, most lenders are .25-.375% higher. And compared to the beginning of last week, many lenders are a full HALF POINT higher. In other words, what had been 2.75% is now 3.25%. What had…
Prospect of higher inflation turns investors bearish on fixed income funds
Submitted
By Madeleine Taylor | 25/02/2021 - 11:03pm
Fixed income funds enjoyed a good year in 2020, with strong investment flows from investors seeking safety in central bank-supported bonds, as the pandemic ripped apart stock markets.
In the…
Superannuation Minister Jane Hume has recently stated that super funds should be forced to offer new retirement income products so that retirees use more of their super rather than save it. According to The AFR, Treasurer Josh Frydenberg will echo these comments when he speaks to a retirement income forum today, saying that people should
The post Make retirees spend their super appeared first on…
The competition watchdog has accelerated merger activity in the superannuation sector in its sights as it becomes increasingly concerned about lack of competition in financial services.
Lauren Goldgrub, GM of Recognition, Benefex Using human motivation to design better recognition programmes In this special edition Employee Appreciation Day webinar, we’ll be covering the psychological inputs and outcomes of an effective reward and recognition programme. I’ll be joined by our resident psychologist, Gethin Nadin, who will be discussing how recognition affects behaviour; what […
Overview: Rising rates continue to spur a rotation and retreat in stocks. Yesterday the NASDAQ sold-off by nearly 2.5% while the Dow Industrials eked out a minor gain. Equities are mostly higher in the Asia Pacific region while Japanese markets were on holiday. Hong Kong led the advancers, but China and South Korea extended losses. The early attempt to rally in…
Rishi Sunak’s March 3rd benchmark will be overshadowed by the cost of building back Britain. Will pensioners be treated sympathetically and will those saving for a pension have to pay some of the price? Thanks to Becky O’Connor, Head of … Continue reading →
Electric carmaker’s CEO falls behind Amazon founder Jeff Bezos after tweet saying bitcoin price ‘seems high’Elon Musk, the maverick boss of Tesla, is no longer the world’s richest person after shares in the electric car company dropped 8.6% on Monday, wiping $15.2bn (£10.8bn) off his fortune.Musk, who last month leapfrogged Amazon founder Jeff Bezos to take the title of the world’s wealthiest…
Vol, Correlation Massacre Means Capitulation Is Just Starting
Following a series of warnings that risk parity funds may be on the verge of capitulation and deleveraging into the maelstrom of tumbling stocks and bonds...
Not a good day for risk parity
— zerohedge (@zerohedge) February 22, 2021
Is Bridgewater ok
— zerohedge (@zerohedge) February 25, 2021
... yesterday it was…
Hedge funds cement successful start to 2021 as more investor money pours into industry
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By Hugh Leask | 25/02/2021 - 4:54pm
Hedge funds attracted USD6.39 billion of new capital last month as investors piled into a wide variety of strategy types, particularly macro and managed futures, according to new industry…
Unlocking the potential for private equity investment in the entertainment industry Submitted 22/02/2021 - 2:01pm By Joseph Lee, Head of Asia, Atwater Capital – From Oliver Stone’s “Wall Street” to “American Pyscho” and “The Wolf of Wall Street”, the history of Hollywood is littered with unsympathetic portrayals of the financial industry. The late law professor Larry E Ribstein, who…
Digital wallets are taking the fintech world by storm. Among exchange traded funds, the ARK Fintech Innovation ETF (NYSEARCA: ARKF) is perhaps best-positioned to capitalize on the trend. Many investors are already familiar with digital wallets thanks to Cash App and Venmo, which come courtesy of Square (NYSE: SQ) and PayPal (NASDAQ: PYPL). Customers and [...]
The post The Latest in Fintech ETFs?…
In a year, bitcoin uses around the same about of electricity as the entire country of Norway. The digital currency is one that allows people to bypass banks and traditional payment methods. It is the most prominent among thousands of so-called cryptocurrencies and has been repeatedly reaching new records - but is it sustainable? The Guardian's UK technology editor Alex Hern…
I remember meeting Zach Sims and his co-founder Ryan Bubinski back in 2011 when they started Codecademy. Zach was still in college and thinking of dropping out to focus on the Company. I just realized this morning that it has been ten years since then. Wow. Time does fly. Like many great companies their idea […]