Hints and tips:
...BlackRock’s push into alternative investments led it to hold talks with Warburg Pincus....
...Without giving details, Tuhin Kanta Pandey, secretary of the department of investment and public asset management (DIPAM), tweeted on June 20 that he had received “multiple” expressions of interest for the...
...Goldman Sachs, JPMorgan Chase and Fidelity are the biggest winners....
...Fidelity’s little-known passive investment business Geode Capital Management surged to $1tn in assets last year, underscoring its quiet emergence as a major player in the index fund industry....
...EToro, which has more than 20m registered users, will combine with Fintech Acquisition Corp V, the special purpose acquisition company set up by banking tycoon Betsy Cohen, in one of the largest Spac deals...
...If so, what does history tell us about how far they might deflate from here, writes Ruchir Sharma, Morgan Stanley Investment Management’s chief global strategist....
...If you want a UK value-orientated investment trust (you do!) perhaps look to Fidelity Special Values (which I own)....
...Private investors led by the Qatar Investment Authority previously valued SoFi at $4.8bn in May 2019, including $500m in new capital....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...in 2018 after quitting M&G Investments....
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...Robert Zoellick, the former World Bank president, argued that there would be “fumbling fragmentation”; Mike Wilson, Morgan Stanley’s chief investment officer, said “a V-shaped recovery is on track”; and...
...Andrew McCaffery at Fidelity International notes “opportunities emerging in specific parts of the investment-grade and high-yield market” and says “it is too early to make big calls on adding risk across...
...SoftBank, still reeling from its ill-fated investment in WeWork, put in $200m, Ant Financial invested $400m and T Rowe Price “led” the fundraising, Vijay Shekhar Sharma, chief executive of One97 Communications...
...“One’s life is complex and one’s future is complex and uncertain,” says Mr Sharma. “Some of the things we call complexity are necessary because the needs of the customer are already complex....
...By the Global Sustainable Investment Alliance’s calculations, funds managing $31tn — one-quarter of the world’s total — apply some form of ESG screen to their investments....
...“Everything in the world is on hold, and this cannot not be reflected in the financial world,” says Romain Boscher, chief investment officer for equities at Fidelity International ....
...Once an upstart investment company shunned — even mocked — by rivals, it has disrupted the investment management world....
...Lyft was valued at $15bn in its latest funding round led by Fidelity in June, while Uber’s investment from Toyota earlier this month valued it at $76bn*....
...This approach has earned him a fan club in the UK among large institutional investors like Fidelity and Aviva....
...“We have entered into [memorandums of understanding] with various commercial banks to the tune of around Rs100bn,” said V Rama Manohara Rao, APCRDA special commissioner....
...Lyft was valued at $15bn in its latest fundraising, a $600m round led by Fidelity in June. Uber secured a $500m investment from Toyota this month at a $76bn valuation....
...Mr Nelis led Accel's investments in Funding Circle, WorldRemit and Callsign, among others....
...A deal would have given Mr Cheah and Yeh V-Nee, his co-founder, a convenient exit but in January the talks ended by mutual agreement....
...Here’s what I’ve been reading this week: Morgan Stanley’s Ruchir Sharma explains pretty much all you need to know about growth expectations in the US in this smart NYT oped piece....
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