Wealthy individuals viewed as new market for asset classes such as credit, private equity and real estate Author of the article: Financial Times Madison Darbyshire in New York Until recently, just a handful of institutional products have been available to retail investors such as Blackstone’s flagship Real Estate Investment Trust. Photo by Angus Mordant/Bloomberg A… Continue reading Fund managers pitch ‘alts’ to retail investors as institutions max out, 60/40 portfolio loses favour
Fund managers pitch ‘alts’ to retail investors as institutions max out, 60/40 portfolio loses favour
Stock Market Today: Stocks Score a Hard-Fought Win to Start the Week | Kiplinger
Stock Market Today Price action will likely stay choppy ahead of Wednesday’s Fed decision.The Federal Reserve was top of mind for investors Monday, with the central bank’s next policy decision – a likely 75 basis-point rate hike – due out Wednesday. This led to back-and-forth trading for much of the session, though the major market… Continue reading Stock Market Today: Stocks Score a Hard-Fought Win to Start the Week | Kiplinger
Provenance Blockchain Foundation Appoints Ira Miller as Vice President of Engineering
Engineering Veteran with Previous Senior Roles at Figure and SRI International Brings Significant Blockchain Engineering Expertise to Provenance Blockchain Foundation , /PRNewswire/ — Provenance Blockchain Foundation, an organization focused on enabling financial services firms to reimagine how their businesses operate, is delighted to welcome Ira Miller as Vice President of Engineering. In this role, Miller… Continue reading Provenance Blockchain Foundation Appoints Ira Miller as Vice President of Engineering
Michael Saylor’s MicroStrategy buys the dip with fresh $6 million bitcoin purchase, adding to its crypto stockpile
MicroStrategy said it bought roughly $6 million in bitcoin between August 2 and September 19. Michael Saylor’s firm bought the 301 bitcoin tokens for an average price of about $19,851. The company holds more than 130,000 bitcoins, acquired for a total price of about $3.98 billion. Loading Something is loading. MicroStrategy, helmed by famed bitcoin-bull… Continue reading Michael Saylor’s MicroStrategy buys the dip with fresh $6 million bitcoin purchase, adding to its crypto stockpile
The IPO drought is about to break with Porsche set to raise $9.4 billion in its public debut
Luxury car maker Porsche is set to go public in Europe later this month at a valuation of up to $75 billion.Parent-company Volkswagen is selling part of its stake in the company and could raise nearly $10 billion from the sale.The debut of Porsche will help break a nearly year-long drought in the IPO market… Continue reading The IPO drought is about to break with Porsche set to raise $9.4 billion in its public debut
Sam Bankman-Fried’s Alameda will repay $200 million in bitcoin and ether to bankrupt lender Voyager – after the crypto crash halved the dollar value
Sam Bankman-Fried’s Alameda plans to give crypto worth $200 million to Voyager to pay off a loan. The loan was worth $377 million before the crypto slump, which helped push lender Voyager into bankruptcy. Alameda agreed to make the payment in bitcoin, ether and seven smaller cryptos by the end of September. Loading Something is… Continue reading Sam Bankman-Fried’s Alameda will repay $200 million in bitcoin and ether to bankrupt lender Voyager – after the crypto crash halved the dollar value
Billionaire Carlyle co-founder David Rubenstein says a Fed rate hike of 100 basis points would shock and depress the market and spook investors about inflation
The Federal Reserve will likely stick with raising rates by 75 basis points at its meeting this week. That’s according to David Rubenstein, who said it would be “shocking” for the Fed to go bigger. The Fed will deliver its highly-anticipated September policy decision on Wednesday. Loading Something is loading. The Federal Reserve is unlikely… Continue reading Billionaire Carlyle co-founder David Rubenstein says a Fed rate hike of 100 basis points would shock and depress the market and spook investors about inflation
Never Lose Your Wallet Again With This TikTok Gadget That’s ‘Forgetful Dad’ Approved
If you’re a forgetful person, then you’re probably no stranger to misplaced wallets and keys that inevitably lead to a mad scramble to get out the door every morning. If you can relate to this struggle, then we have great news for you. We’ve found a gadget that will make your chaotic morning searches a… Continue reading Never Lose Your Wallet Again With This TikTok Gadget That’s ‘Forgetful Dad’ Approved