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Singapore Based Insurtech Symbo Secures $9.4M To Expand Coverage Across India And Southeast Asia

Singapore based Insurtech Symbo Secures $9.4M to Expand Coverage Across India and Southeast Asia  Crowdfund Insider. : Singapore-based Symbo Platform Holdings, an Insurtech platform, has finalized a $9.4 million funding round that was led by the CreditEase Fintech Investment Fund. Symbo’s investment round included contributions from San Francisco’s investment company Think Investments along with investments from existing investors AJ Capital, Insignia Ventures, and Integra Partners.
Read by 70% of LPs 15 minutes ago

Trend-following Hedge Funds Rebound In "fantastic" February --by Hugh Leask Managed Futures Hedge Funds And Short-term Trading Strategies Have Rebounded Strongly In Recent Weeks, With Each Of Societe Generale's Three Main Cta And Trend-following Indices

Trend-following hedge funds rebound in "fantastic" February Submitted By Hugh Leask | 06/03/2021 - 8:06am Managed futures hedge funds and short-term trading strategies have rebounded strongly in recent weeks, with each of Societe Generale's three main CTA and trend-following indices finishing February in positive territory. This segment of the hedge fund industry - which trades on market trends across a selection of asset classes, including equities, bonds, commodities and currencies, typically using computer-based algorithms - had earlier suffered losses in January.
Read by 34% of LPs 20 minutes ago

Ark's Cathie Wood Disrupted Investment Management. She's Not Done Yet | Barron's

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit Andrew Michel, a 65-year-old product-marketing engineer, made a bold--many would say an imprudent--move last June. The longtime, typically conservative investor sold two-thirds of his retirement savings, which had been invested in broad-market index funds, and put the money into two red-hot ARK exchange-traded funds. Within a few months, he made enough for a down payment on a second home, in sunny Tampa, Fla. "I looked her up, and it all sounded really good," he tells Barron's.
Read by 45% of LPs 20 minutes ago

Digital Wallet Eco Secures More Than $26M Through Latest Investment Round Led A16z Crypto

Digital Wallet Eco Secures More Than $26 Million Through Latest Investment Round Led a16z Crypto Crowdfund Insider. : Eco, a U.S.-based digital wallet for saving and spending, announced on Friday it raised more than $26 million through its latest investment round, which was led by a16z Crypto with participation from Founders Fund, Activant Capital, Coinbase Ventures, and Slow Ventures. Eco reported that the investment round comes after it raised over $8.5 million from Expa and Pantera Capital. Founded in 2018, Eco describes itself as a digital wallet for saving and spending.
Read by 62% of LPs 20 minutes ago

Coronavirus Latest: Dalai Lama Gets Vaccinated In India - Nikkei Asia

Nikkei Asia is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan. Global cases have reached 116,023,244, according to Johns Hopkins University in Baltimore. The worldwide death toll has hit 2,578,785. For more information about the spread of COVID-19 and the progress of vaccination around the world, please see our interactive charts and maps. 3:23 p.m. The Dalai Lama has received a Covid-19 vaccine at a hospital in Dharamshala, a city in India's north where he resides.
Read by 80% of LPs 20 minutes ago

India Grid Trust To Acquire Ner-ii Transmission From Sterlite Power | Business Standard News

For indicative value of Rs 4625 crore. : NER-II is part of Inter State Transmission Scheme (ISTS) network, and was awarded on a Build, Own, Operate, Maintain (BOOM) basis with a contractual period of 35 years. The project has 11 elements including two substations of 1,260 MVA capacity and four transmission lines extending over ~830 circuit kilometers. The asset spans across Assam, Arunachal Pradesh and Tripura and is of strategic importance for the delivery of power in one of the toughest regions in the country.
Read by 63% of LPs 8 hours, 20 minutes ago

Kps Capital Partners To Acquire Aluminum Rolling Business From Norsk Hydro Asa

Global Leader in Aluminum Rolling to Become Independent Company KPS to Leverage Successful Track Record Investing in Metals to Accelerate Growth NEW YORK, March 5, 2021-- KPS Capital Partners, LP ("KPS") today announced that it has signed a definitive agreement to acquire the global aluminum rolling business ("Rolling" or the "Company") from Norsk Hydro ASA (NHY.OL, "Hydro") for EUR1.38 billion (approximately $1.67 billion). Completion of the transaction is expected mid-year 2021 and is subject to customary closing conditions and approvals.
Read by 50% of LPs 8 hours, 20 minutes ago

Ascension Ventures Finalizes Fifth Strategic Healthcare Venture Fund; Expands Assets Under Management To More Than $1B

Ascension Ventures Finalizes Fifth Strategic Healthcare Venture Fund; Expands Assets Under Management to More Than $1 Billion ST. LOUIS, March 5, 2021-- Ascension Ventures (AV) today announced the closing of a $285 million strategic venture capital fund. This fifth fund brings the firm's total assets under management to more than $1 billion. The new fund is backed by 13 leading health system partners directly involved in AV's diligence and investment approval process. AV was launched in 2001 by Ascension, the nation's largest Catholic and nonprofit health system.
Read by 60% of LPs 8 hours, 50 minutes ago

Fuel Tariff Kept Steady As Oil Prices Increase

The Energy Regulatory Commission (ERC) has resolved to maintain the fuel tariff (Ft) at an average of -0.1532 baht per kilowatt-hour (unit) to control monthly power bills this year as the global oil price is on an uptrend.
Read by 47% of LPs 9 hours, 20 minutes ago

Queen Has Not Been Given 'advance Copy' Of Meghan Markle And Prince Harry's Oprah Interview | Daily Mail Online

Senior royals and Palace aides will watch the much-anticipated interview 'at the same time' as the rest of the world with network CBS set to air the two-hour special in the US at 1am UK time on Sunday night.
Read by 54% of LPs