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...in stock markets as global interest rates sharply climbed brought only a minor reprieve, with long/short equity funds falling 13.5 per cent, 6 percentage points less than the decline suffered by the S&P...
...In the US, the S&P 500 had its best first quarter since 2019. Fixed income funds reported inflows of $42bn and equity funds received $18bn, for total long-term flows of $76bn....
...The dollar has climbed 4.7 per cent against a basket of six peer currencies this year, while in the same period Wall Street’s benchmark S&P 500 has added 7 per cent....
...The S&P purchasing manager’s index, a measure of activity in the private sector, rose to 53.3 in February, up from 52.9 in January and the highest since May 2023....
...SELL: Hotel Chocolat (HOTC) Cost base efficiencies are yet to have a pronounced impact at the chocolate retailer, writes Mark Robinson....
...The Russell 2000 index has risen 24 per cent since the beginning of 2020, lagging behind the S&P 500’s more than 60 per cent gain over the same period. Read the full story. 4....
...And on Wall Street, the S&P 500 has hit record highs this year. So what’s going on? Shouldn’t voters love all of this?...
...“They have built a better mousetrap in terms of having better technology and options across all asset classes,” said Kyle Sanders, equity analyst at Edward Jones....
...The S&P 500 ended the day up around 1 per cent. [MUSIC PLAYING] Some people are now allowed to cross the border from Gaza into Egypt....
...Women were outnumbered five to one in the 533 most senior leadership positions in S&P 100 businesses in 2023, with only 17 black women on that list, according to USA Today in March....
...Jancis Robinson is away Follow @FTMag to find out about our latest stories first...
...“Most asset managers are shrinking and BlackRock has been growing,” said Kyle Sanders, equity analyst at Edward Jones....
...BUY: Lok’n Store (LOK) The storage company’s development pipeline is the key to driving its growth, writes Mark Robinson....
...The private equity industry, for example, has not beaten the S&P 500 over the past decade (see here), despite using mountains of leverage. Big fees eat up the extra returns provided by the leverage....
...All right, so for people that don’t know it, Su Zhu and Kyle Davies, they ran this, people called it a crypto hedge fund, it’s not really a hedge fund....
...Then again, Jancis Robinson made a case (ahem) for these not so long ago. Do enjoy your weekend. Alan LivseyLex Research Editor...
...“A post-Roe reality isn’t a theory anymore, it’s a reality,” said Kelley Robinson, executive director of the Planned Parenthood Action Fund....
...Lee Robinson’s Altana Wealth wrote to investors in recent days to declare that “bonds are back”....
...Analysts at Berenberg said last week that the S&P 500, Stoxx 600 and FTSE 350 were in net-downgrade territory for the first time since 2020....
...BUY: Tesco (TSCO) It’s all about price points at the UK’s largest grocer as inflation reduces real household budgets, writes Mark Robinson....
...HOLD: Oxford BioMedica (OXB) The market fears that the boost provided by Covid-19 may be coming to an end, writes Mark Robinson....
...They are down by more than a fifth this year, underperforming the almost 8 per cent drop for the S&P 500....
...One is Domaine A&P de Villaine in Bouzeron, just two miles from Santenay in the Côte d’Or....
...HOLD: Saga (SAGA) The over-50s specialist has not shaken off legacy issues linked to the pandemic, writes Mark Robinson....
...For Pierre de Benoist, who looks after Domaine A & P de Villaine in Bouzeron on behalf of his uncle Aubert de Villaine of the world-famous Domaine de la Romanée-Conti, 2021 will be “a vintage that sorts...
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