Assets in actively managed ETFs top $1 trillion worldwide – Yahoo Finance
Written by Suzanne McGee (Reuters) – Assets in actively managed exchange traded funds (ETFs) around the world reached a record $1 trillion at the end of August, boosted by a wave of deregulation and product innovation, data provider ETFGI said. did. Active ETFs aim to outperform the index they benchmark against, such as the S&P […]
Firms jostle to sell alternative assets to wealthy investors – Financial Times
The race is on to sell unlisted assets to wealthy private investors. Leading custody bank BNY on Monday announced plans for a platform that will make it easier for financial advisers to buy and manage investments across a range of well-known private equity, private debt and infrastructure companies for their clients. This follows three highly […]
Big Lots files for bankruptcy, to sell assets to buyout firm
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection after struggling with declining consumer spending and sluggish sales. The Columbus, Ohio-based company plans to sell its assets and ongoing operations to private equity firm Nexus Capital Management. Big Lots, which sells furniture, home decor and other products, said in a statement on Monday […]
Intel CEO to pitch board on plans to shed assets, cut costs, source says
Intel Chief Executive Officer Pat Gelsinger and key executives plan to present a plan to the company's board later this month to cut nonessential businesses and restructure capital spending in an effort to revive the chipmaker's once-dominant position, according to people familiar with the matter. The plan also includes ideas about how to cut overall […]
US assets deployed to Mideast will help Israel but will unlikely alter Iran’s mind on retaliation, experts say
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The Atlantic suggests Kamala Harris’ shallowness and cringey speeches are assets — at least on TikTok
After seeing Vice President Kamala Harris falsely claim that the United States and the “Republic of North Korea” have a “strong and enduring” alliance, some voters may be reconsidering her competence. Philosophize On the “importance of time” calm down To a rocket scientist, mindlessly clapping along to a song protesting her existence. lecture I struggle […]
Warner Bros. Discovery writes down value of TV assets by $9B
Warner Bros. Discovery said on Wednesday it was writing down the value of its television assets due to uncertainty about fees from cable and satellite distributors and sports rights renewals, sending its shares down nearly 10% in after-hours trading. The film and entertainment studio, which owns sports network TNT and streaming service Max, took a […]
Acting Secret Service Director Refused to Say Who Denied Assets to Protect Trump
During a Senate hearing on Tuesday, Secret Service Acting Director Ronald Lowe declined to identify individuals who had refused requests for security personnel for former President Donald Trump over the past two years. Sen. Ted Cruz (R-Texas) has offered Lowe a July 20, 2024 presidential nomination. The Washington Post The report alleges that “the head […]
RFK Jr. promises BTC strategic reserve, dollar backed by hard assets – Cointelegraph
Independent presidential candidate Robert F. Kennedy Jr., speaking to an audience at the Bitcoin2024 event on July 26, praised the role Bitcoin will play in improving the U.S. economy and the American way of life, and promised to sign several executive orders to start that process on his first day in office. Bitcoinization by Presidential […]
BlackRock Posts Earnings Beat, Assets Jump 13% to Record $10.6 Trillion. Stock Rises. – Barron's
BlackRock Inc. said on Monday that its second-quarter profit rose 11% from a year earlier, beating analysts’ expectations. The firm currently manages a record $10.64 trillion in assets for its clients, up 13% from last year. The world’s largest asset manager reported quarterly adjusted net income of $1.55 billion, beating expectations of $1.47 billion. That […]