Types of investments
Alternative Investments: Activists Will Get Busy Soon, Says Tim Melvin
As companies become more undervalued as the economy slows because of shutdown orders across the United States, I expect that the pace of activist activity to increase. We should see more filings later this week as investors hit the deadline to file on shares purchased during the selloff that started yesterday.
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The Franklin Templeton Alternatives Funds (FTAF) offers five new liquid hedge fund strategies through K2’s managed account platform.
Revolut, the challenger bank and famed European unicorn, lost £32.8 million ($40.3 million) in 2018. The UK-based fintech reported a 247% jump in its cost of sales attributable to user…
Leeds Equity Partners has acquired VitalSmarts from TwentyEighty. Vital Smarts is a provider of communication, execution, and, leadership development training.
Novartis announced its plan for founding the Novartis AI innovation lab in collaboration with Microsoft as the AI and data-science partner. The Novartis-Microsoft alliance will “reimagine medicine” and boost Novartis’…
Credit Suisse Asset Management announced plans to adopt ESG factors into all of its investment decisions. The firm said that any fund with more than CHF 20 billion in assets will…
RBC Global Asset Management has launched the RBC BlueBay Global Bond Fund. The company calls it “a globally diversified fixed-income fund designed as a core portfolio holding for U.S. investors.”
Green Mountain Power announced that its pension fund will completely divest from fossil fuel companies. Last week, the company’s leadership finalized the reallocation of roughly $13.5 million of its $180…
European fintech giant Revolut has announced a deal with Visa to expand its global reach. In a statement, the firm said it will leverage Visa’s brand, scale, and global acceptance footprint…
Colony Capital had a busy week. Not long after the firm announced the sale of Colony Industrial to Blackstone Group, the firm followed up on another deal.