Compiled by ETF.com Staff Franklin Templeton Parent Buying Legg Mason (CNBC) The deal would create one of the largest asset managers in the world with $1.5 trillion under management. Flows Point To S&P 500 Index Funds Switch (Bloomberg) Investors seeking exposure to the S&P 500 may be dumping one long-favored exchange-traded fund for its cheaper sibling. Apple Warns On Revenues Due To Coronavirus (CNBC) The virus is starting to take a toll on corporate sales and profits. Lessons From 92 Years Of Market Data (A Wealth Of Common Sense) No two decades look the same in terms of asset returns.
Infra investments drive growth; PE/VC account for 64% of FDI inflows. : The Indian private equity and venture capital sector is beginning to show some co-relation with the global industry. With PE/VC investments at 1.7 per cent of GDP, India is at the same level that China was last year, says VICA-EY's latest report, 'The PE/VC Agenda: India Trend Book'. India received $48 billion in PE/VC investments in 2019 across 1,037 deals on the back of large investments in infrastructure. This was 28 per cent higher than the previous high of 2018.
MaxWholesale, a business-to-business (B2B) ecommerce and supply chain platform, operated by New Delhi-based 99 Algorithms, has raised $3 million in Series A round led by IAN Fund and Al Falaj Investment Company (AFI), the Abu Dhabi-based private family office focused on venture capital and private equity investments. Returning investor Abhinav Grover of Maple Capital also invested in his personal capacity, as did former CFO of Naukri.com parent Info Edge (India) Ambarish Raghuvanshi and managing director of women's ethnic wear brand Biba, Siddharth Bindra.
Bis: No Global Real Estate Market Despite Higher Price Synchronisation And Growing Role Of International Investors, Central Banks Find
Although residential and commercial real estate prices are increasingly moving in sync and the role of international investors is growing, this does not mean that there is a global real estate market, a report by the Committee on the Global Financial System finds. Property price dynamics: domestic and international drivers documents recent trends in residential and commercial property prices in over 20 countries, gives an overview of key drivers of price developments and describes policy initiatives used to manage associated risks to the economy and financial stability. Property prices have been rising, reaching record highs in many countries.
This marks the Series B round of funding for the company. The post Softbank-backed AI firm Eureka raises $20m led by Apis, Gobi, others appeared first on DealStreetAsia.
'We must call time on those profiting from the destruction of nature,' group says. : Extinction Rebellion activists have dug up the front lawn of a Cambridge University college in an environmental protest. The group said they were campaigning against Trinity College's plans to sell off land they own in Suffolk to someone with their sights set on developing a lorry park for thousands of vehicles. The environmental campaigners also accused the college of investing millions in oil and gas companies, as reported in student newspaper Varsity.
The deep tech funds will be invested through the Startup SG Equity programme, run by SEEDS Capital and SGInnovate. The post SG Budget adds $215.5m more to co-invest in deep-tech startups appeared first on DealStreetAsia.
The firm acquired a Waterloo Place mixed-use asset at a time when values might be hitting a transition point. : Cara Real Estate--the real estate subsidiary of Cara Investment GmbH--has purchased 7-10 Waterloo Place, a 35,000-square-foot mixed-use building in London, from Barings for a reported PS71 million, or $92.5 million. Barings had paid PS35 million, or $45.6 million, in 2014 for the Grade II-listed property on behalf of an institutional investor, which subsequently started a substantial renovations program. The deal marks Cara's second London acquisition.
In January 2019, it had raised $266m in its Series D round led by Chinese private equity firm Boyu Capital. The post China's logistics service platform Yimidida raises $143m in Series D+ round appeared first on DealStreetAsia.