Types of investments
Lloyds Banking Group (LON: LLOY), Britain’s biggest mortgage provider, will acquire a minority stake in loyalty app Bink, according to a report by Sky News for an undisclosed amount that may run into millions of pounds. It was also not known how much the transaction valued Bink.
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The Ethical Buy List has arrived amongst a flurry of new ESG products sweeping the market.
Sovereign investors are ramping up their environmental, social and governance (ESG) investments. A new study by Invesco shows that two-thirds of sovereign funds are considering these socially conscious investments.
Artificial intelligence to detect heart attacks may soon be a reality, according to research at the University of Oxford.
A new YouGov survey suggests that more Americans than ever are learning about cryptocurrencies. The survey shows that 81% of Americans have heard of at least one cryptocurrency.
On November 29, 2018, the Secretary-General constituted a 17-member task force on Digital Financing of Sustainable Development Goals.
In the space of a mere ten months, assets at CI Investments’ liquid alternative funds have exceeded $1 billion. Strategies that were earlier the domain of sophisticated hedge funds are now available to the everyday investor via a special kind of mutual fund. CI Liquid Alternative funds combine ‘alternative’ strategies with the on-tap liquidity of…
A Canadian robot tax could be the first of its kind. The Green Party of Canada has pitched a robot tax to address the growing threat of technologies like artificial intelligence.
Emerson Electric, the industrial conglomerate and Fortune 500 company, is in the cross-hairs of hedge fund D.E. Shaw.
The SEC’s Framework for “Investment Contract” Analysis of Digital Assets has given a group of plaintiffs more power to their elbow in a May 2018 lawsuit.
The investors have amended their complaint based on the Framework. The amended complaint reinforces their contention that they were illegally sold XRP, a digital cryptocurrency, as an unregistered security.
Ex-Infosys CEO Vishal Sikka believes India can become the Artificial Intelligence (AI) capital of the world. AI could be a massive disruptor in India over the next 20-25 years, says Sikka. Automation and job losses would only be the tip of this iceberg. Instead, India could seize the initiative and turn the disruption into an opportunity by putting together educational programs.
A new Preqin and Vertex VC Report indicates robust growth ahead for the venture capital markets. Preqin and Vertex launched the joint research report called the Global Venture Capital Perspectives report on Wednesday.
Investors amended their complaint in a May 2018 lawsuit regarding the XRP cryptocurrency, relying on SEC’s guidance on digital assets. The SEC’s Framework for “Investment Contract” Analysis of Digital Assets has given a group of plaintiffs more power to their elbow in a May 2018 lawsuit. Accordingly, the investors have amended their complaint based on…
Yale University researchers have determined that artificial intelligence could provide patients with stomach disorders better treatment.
Hedge fund Citadel is launching a new office in Zurich. The new space will host its marketing-arm, Citadel Securities, according to the firm. This division is one of the world’s top shops for high-frequency trading.
Millennials valued paying off their student loans even more than buying a house or starting a family. That’s a finding on student loan debt from a survey by personal finance company SoFi of over 1,000 Americans aged from 22 to 35.
Richard Grossman, a partner in Skadden’s M&A practice, has advice on tackling activist hedge funds during an M&A transaction.
Is WeWork running out of money? According to Bloomberg, WeWork (or We Co.) burning through the green stuff at a torrid pace.
Chinese private capital dealings slumped dramatically in the first half of the year. A new report from the Emerging Market Private Equity Association reveals startling figures on the state of the Chinese market.
Stephen Schwarzman, the co-founder, chairman, and CEO of the Blackstone Group said dot.com like conditions prevailed in the startup industry. He said asset valuations had reached bubble-like proportions and that there could be a painful reckoning of losses from investing in companies such as Uber and WeWork.
The GSAM European ETF is a sign that Goldman Sachs expanding its role on the passive investing craze. Here’s the latest news on the ETF launch on Thursday.
Goldman CEO David Solomon said that financial institutions need to push ESG investing into the mainstream. During a talk at the Bloomberg Global Business Forum, Solomon encouraged advisers to ramp up conversations with clients about climate change and the associated exposure.
August 2019 redemptions from hedge fund hit $6.51 billion for global hedge funds, according to eVestment’s newest asset flows report. The additional outflows drove the total withdraws from hedge funds to negative ($63.61) billion in 2019.
Announced at the UN Secretary-General’s Climate Action Summit in progress in New York, the Alliance will address climate change and low-carbon portfolios.