Vanguard Finalizing Its China Exit
Vanguard Group Inc. is finalizing its exit from China and its 29 trillion yuan ($4 trillion) mutual fund market. The firm has signed severance agreements with its roughly 10 remaining…
Trends Make The Portfolio
Vanguard Group Inc. is finalizing its exit from China and its 29 trillion yuan ($4 trillion) mutual fund market. The firm has signed severance agreements with its roughly 10 remaining…
The world’s largest wealth fund, Norway’s $1.4 trillion sovereign wealth fund, has reported that it has suffered third-quarter losses of 2.1%, which it attributes to financial market uncertainty. During the…
On Wednesday, The New York Times reported that the purchase of Premier League club Everton by 777 Partners has been held up, due to the British regulator reporting that the…
On Friday, a co-founder of the failed crypto hedge fund Three Arrows Capital (3AC), Su Zhu, was arrested in Singapore. Bloomberg reported earlier that Zhu was arrested as he was…
Shareholders in Digital World Acquisition (DWAC), the special purpose acquisition company which is looking to merge with social media firm Truth Social, founded by former President Donald Trump, voted on…
Bain Capital will be taking full ownership of data center firm Chindata Group Holdings Ltd., after signing a deal to take the company private. According to a statement by the firm…
On Monday, Berkshire Hathaway’s share price set a record high, advancing 3.4% after reporting that quarterly operating profits beat $10 billion for the first time in history. In its earnings…
The largest fund manager in Europe, Amundi, reported inflows which beat expectations for the quarter on Friday, as an appetite for risk-averse assets drove a 1.9% year over year growth…
Bloomberg News is reporting that Carlyle Group Inc and Trustar Capital are looking to raise $4 billion from wealth funds to purchase a portion of their stakes in McDonald’s Corp…
George Soros is exiting the Electric Vehicle sector, slashing his stake is Rivian after the electric carmaker saw a 90 decline in its shares, and exiting a positron he held…