Monthly Archives: September 2020

(CNBC) For the past decade or so, the Federal Reserve has been quite effective in helping to create inflation, just not the kind that it normally targets. The Fed’s perpetually easy monetary policy, consisting of historically low short-term interest rates […]

(CNBC) Stock futures held steady in overnight trading on Thursday after another sell-off on Wall Street led by major technology names. Futures on the Dow Jones Industrial Average rose about 20 points. The S&P 500 futures and the Nasdaq 100 […]

(Reuters) German plastics maker Covestro 1COV.DE knocked back a report on Friday that it was in takeover talks with private equity firm Apollo Global Management APO.N. “I can confirm that we are not in takeover talks with Apollo,” spokesman Lars […]

(CNBC) One of the biggest problems with the traditional IPO process (and there are several) is that it’s impossible to say whether a deal is a success or a failure.  Snowflake, the cloud-based data management company that’s 2020?s biggest IPO, […]

(CNBC) Money manager Kevin Nicholson expects the stock market to stabilize and rise in early 2021. But the co-chief investment officer of global fixed income at RiverFront Investment Group warns it’ll come at a cost to the jobs market. To […]

Opalesque) Apollo Global Management is venturing into the world of impact investing, following some of its biggest peers in targeting funds dedicated to sustainability. The New York-based global alternative investment manager announced the leadership team for the new platform known […]

(CNBC) Two months after Facebook’s massive IPO in 2012, venture capitalist Mike Speiser was a few miles away from the social networking company, incubating a software start-up from his nondescript office near a movie theater in Palo Alto, California. The […]

(CNBC) Warren Buffett, the man who pioneered buy and hold investing, just made quite a fast billion bucks from a type of investment he once mocked. Berkshire Hathaway bought $250 million worth of Snowflake stock at the IPO price and […]

(Hedgeweek) Outdated trading systems and clunky manual processes are hampering hedge funds’ efforts to swiftly execute trade orders to the market, resulting in an annual hit of some USD8 million – which could worsen in the event of renewed volatility […]

(Hedgeweek) As Wall Street experienced its best August since the 1980s, the hedge fund industry posted its fifth straight positive month returning 2.42 per cent in August, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of […]

(CNBC) The Fed does not expect to see inflation pick up for years, and it is willing to keep rates at zero even after it does. Stocks initially surged after the Fed released its post-meeting statement and its latest economic […]