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Chinese Group Among Bidders For Stake In Portugal’s Brisa

Other bidders include Spain's Global Via Infraestructuras SA as well as Abertis Infraestructuras SA, which is bidding along with Singapore wealth fund GIC. The post Chinese group among bidders for stake in Portugal’s Brisa appeared first on DealStreetAsia.
Read by 79% of LPs 1 hour, 47 minutes ago

The Six Women Who Accused Harvey Weinstein At His Trial, And What They Said | Film

The women represent a small portion of the more than 100 women who have made public allegations against WeinsteinHarvey Weinstein found guilty of rape - full reportWeinstein verdict - liveSix women took the witness stand in the rape trial of Harvey Weinstein to offer descriptive accounts of how the disgraced mogul assaulted them within the last 30 years.Two of the women were seen as the main witnesses of the case as their accusations represent the main charges that Weinstein faced: five counts - two of rape, one of forcible oral sex and two of predatory sexual assault.
Read by 71% of LPs 1 hour, 52 minutes ago

European Investors 'risk On' As Global Equity Funds Remain Best Sellers In January

Global equity funds remained the best-selling investment vehicles during January 2020, according to the latest European fund flows report from the Lipper team at Refinitiv, with BlackRock taking the top spot as the best-selling fund promoter for the month with inflows of EUR16.6bn.
Read by 41% of LPs 1 hour, 52 minutes ago

Canadian Mining Giant Withdraws Plans For C$20bn Tar Sands Project | World News

Teck Resources' surprise decision drew outrage from politicians in oil-rich Alberta and cheers from environmental groupsA Canadian mining giant has withdrawn plans for a massive C$20.6bn ($15.7bn) tar sands mine, days before the federal government was to decide on whether to approve the controversial project.Teck Resources' surprise decision to withdraw from open pit Frontier Mine project landed as a bombshell on Sunday night, prompting outrage from politicians in oil-rich Alberta and cheers from environmental groups. Continue reading...
Read by 39% of LPs 1 hour, 52 minutes ago

Canada Pension Fund Cut Stocks In 2019, Added To Infrastructure

(Bloomberg) -- Ontario Municipal Employees Retirement System, one of Canada's largest pension funds, cut its stock holdings last year as its returns climbed and added to its infrastructure bets.The firm lowered its share of stocks to 29% of its portfolio in 2019, from 33% the year before, according to a statement released Monday. It generated returns from its public equity investments of about 20.3% from the prior year."All asset classes generated positive returns, led by public equities," Omers Chief Executive Officer Michael Latimer said in the statement.
Read by 65% of LPs 1 hour, 52 minutes ago

Free Article Limit Reached - The Northern Miner

Teck Resources (TSX: TECK.B; NYSE:TCK) has officially withdrawn its application to build the C$20.6-billion (US$15.7 billion) Frontier oilsands mine, just days before the Canadian government...
Read by 50% of LPs 1 hour, 52 minutes ago

India: Two-wheeler Rental Startup Vogo Raises $19M Led By Lightstone Fund

Existing investors Matrix Partners and Kalaari Capital have also participated in the financing. The post India: Two-wheeler rental startup Vogo raises $19m led by Lightstone Fund appeared first on DealStreetAsia.
Read by 60% of LPs 2 hours, 21 minutes ago

Stock Market Crash: Coronavirus Could Be The Catalyst For Big Sell-off

Raoul Pal, the former Goldman Sachs hedge-fund manager who founded Real Vision, leans on weakening global growth, burgeoning debt piles, and mediocre PMI figures to expound his bubbly view of equity markets. Pal is buying bonds. He says that it's an "easy trade," and will appreciate when equities take a tumble. He also notes the infancy of the coronavirus epidemic, and says that the impacts will be "meaningful and real." Click here for more BI Prime stories. There's been no shortage of bubble talk percolating on Wall Street as of late.
Read by 30% of LPs 2 hours, 21 minutes ago

Warren Buffett Says 'i'm A Democrat,' And Would Have 'no Trouble' Voting For Bloomberg

Warren Buffett, the chairman of Berkshire Hathaway Inc and one of the world's most admired investors, said on Monday he is a Democrat, and would have "no trouble" voting for fellow billionaire Michael Bloomberg for U.S. president.
Read by 64% of LPs 2 hours, 52 minutes ago

Blockchain Can Help Uk Savers Recover $48B In Unclaimed Pensions, Says R3

Blockchain solutions based on R3's tech will make it easier for users to verify their identities and claim lost pension funds, the firm says.
Read by 60% of LPs 3 hours, 2 minutes ago

The Hedge Funds Betting Against The Bookmakers

24th Feb 2020 - 12:21pm The hedge funds betting against the bookmakers Submitted By Hugh Leask | 24/02/2020 - 12:21pm Several brand name hedge funds are ramping up bets against GVC Holdings, the sports betting and online gaming group home to the likes of Ladbrokes Coral and Foxy Bingo, as the UK gambling sector faces sweeping regulatory changes from April. Citadel Advisors, the long-running US manager led by Kenneth Griffin, has a 0.6 per cent bet against GVC, while Citadel Europe has a 1.23 per cent short position, according to regulatory disclosures.
Read by 34% of LPs