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India Tops China In Fintech Funding For Q1 - Nikkei Asian Review

TOKYO -- India surpassed China as Asia's top market for venture capital-backed fintech funding amid Beijing's clampdown on peer-to-peer lending. According to a report by U.S. market research company CB Insights, funding for fintech startups in India jumped to $286 million in the first three months of the year, up nearly 27% from the previous quarter. In China, by contrast, such funding dropped to $192 million, a decrease of 89% compared to the previous quarter. In terms of deal numbers, the two countries were even, with India and China each racking up 29 deals.
Read by 44% of LPs 8 minutes ago

Mapletree Said Buying Dublin Office From Marlet, M&g

Singapore's Mapletree Investments is close to signing a deal to buy an office building in Dublin's Docklands for EUR240 million ($269 million), according to an account in the Irish Times. The state-backed real estate fund manager is said to be... Read More>> The post Mapletree Said Closing in on EUR240M Purchase of Dublin Office From M&G JV appeared first on Mingtiandi.
Read by 56% of LPs 8 minutes ago

Tanzania: Acacia Gold Dispute Covers No-one In Lustre

[East African] A long-running battle between the government of Tanzania and the country's largest gold mining company, Acacia Mining Plc, came to ahead this past week - with dire consequences for the many interests involved.
Read by 76% of LPs 2 hours, 8 minutes ago

Why I Doubted Facebook Could Build A Billion Dollar Business, And What I Learned From Being Horribly Wrong At Andrewchen

Facebook, early 2006 Sometimes, you need to be horribly, embarrassingly wrong to remind yourself to keep an open mind. This is my story of my failure to understand Facebook's potential. In 2006, I was working on a new ad network business that experimented a lot with targeting ads with social network data, broadly known as "retargeting" now. The idea was that we'd be able to take your interests and target advertising towards them, which would lead to higher CPMs. As part of this project, we did a meeting with Facebook when they were ~12 people.
Read by 35% of LPs 9 hours, 48 minutes ago

Cno Stuck In Nightmare Over Alleged Hedge Fund Fraud | 2019-05

CNO Financial Group's top executives are a conservative lot who have spent much of the past decade stabilizing and reducing the risk profile of the Carmel-based insurer. So imagine their surprise when they got caught up in what prosecutors have described as perhaps the biggest fraud since Bernie Madoff. The saga began in late 2013 with a deal CNO struck to offload exposure to long-term-care insurance policies that had the potential to saddle the company with big losses down the road.
Read by 79% of LPs 13 hours, 48 minutes ago

Tech Hedge Fund Beats Nasdaq By Looking For Key Inflection Points

(Bloomberg) -- Lucrative opportunities in technology stocks center around identifying shifts from an old way of doing things to a better way, like from email to instant messaging or from phoning in food orders to doing it online. Investing with that in mind for nearly a decade has helped Silicon Valley-based Light Street Capital beat the Nasdaq, according to Barron's in its May 27 issue. Since its July 2010 inception, the firm's long-short strategy has topped the Nasdaq's 17.5% net annualized return with one of 19.1%.
Read by 37% of LPs 16 hours, 8 minutes ago

Foreign Buyers | Brazilian Real Estate Investors

Brazilian multimillionaire Ricardo Bellino lived more than 10 years in Miami before relocating to Portugal, which has emerged as a haven for affluent Brazilians. Bellino, 53, who bought a home near Lisbon, will gain from a flat income-tax rate of 20 percent in Portugal, where he also may be eligible for a tax-free pension after he retires. He told Bloomberg his relocation to Portugal from Miami enabled him to reside in "a tax haven that [...]
Read by 66% of LPs 16 hours, 48 minutes ago

More Passive And Fewer Active Funds = More Opportunities

While the shift from active to passive funds has widely been seen as bad for active fund managers in general, the cloud does have a silver lining. Managers of one well-invested fund of funds have pointed out some interesting angles [...] The post Hedge Fund Managers Fear Credit Bubble Explosion appeared first on ValueWalk.
Read by 79% of LPs 18 hours, 8 minutes ago

Startups Weekly: Vcs Are Drunk On Beverage Startups - Techcrunch

In this week's newsletter: Y Combinator has a new president, DoorDash raises $600M and startups go on acquisition sprees. : Hello and welcome back to Startups Weekly, a newsletter published every Saturday that dives into the week's most noteworthy venture deals, fundraises, M&A transactions and trends. Let's take a quick moment to catch up. Last week, I wrote about an alternative to venture capital called revenue-based financing and before that, I jotted down some notes on one of VCs' favorite spaces: cannabis tech. Remember, you can send me tips, suggestions and feedback to or on Twitter @KateClarkTweets.
Read by 45% of LPs 18 hours, 38 minutes ago

Qia Invests In Sirius Minerals

A listed company on the London Stock Exchange (LSE), Sirius Minerals plc is a fertilizer development company based in the United Kingdom. Revealed in filings, the Qatar Investment Authority (QIA) acquired a 3.3% stake in Sirius Minerals as part of its US$ 425 million share placing at the end of April 2019. Sirius Minerals is [...]
Read by 34% of LPs