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November 21, 2018

Teacher Retirement System of Texas On Being 'A Top-Performing Institutional Investor' | Will Carpenter, Senior Portfolio Manager | Q&A

Will Carpenter is a senior portfolio manager for private equity principal investments with the Teacher Retirement System of Texas, where he leads deal teams in investment due diligence, valuation and ongoing portfolio management for private equity co-investments. In this interview, he discusses his experience moving back to Texas to serve that constituency after spending years in New York City, the positive impact that veteran investor Britt Harris had on TRS and the organization's next steps in being a top-performing institutional investor.
Read by 57% of LPs

fairfieldcurrent.com 1 hour, 6 minutes ago

225 Shares In Wex Inc (wex) Purchased By Ipswich Investment Management Co. Inc.

Ipswich Investment Management Co. Inc. acquired a new position in WEX Inc (NYSE:WEX) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 225 shares of the business services provider's stock, valued at approximately $32,000. A number of other hedge funds have also recently modified their holdings of WEX. Russell Investments Group Ltd. raised its holdings in WEX by 63.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 11,898 shares of the business services provider's stock worth $2,266,000 after purchasing an additional 4,613 shares during the period.
Read by 80% of LPs

phys.org 1 hour, 56 minutes ago

Coffee Clash Brewing In China: Startup Luckin Takes On Starbucks

When Starbucks came to China two decades ago it promised to open a new store every 15 hours. Now a homegrown rival, Luckin Coffee, plans to build a high tech-driven shop every three and a half hours to dethrone the US giant.
Read by 72% of LPs

swfinstitute.org 2 hours, 56 minutes ago

Saudi And Other Gulf Country Bonds To Join Jpmorgan Emerging Market Bond Index | Swfi - Sovereign Wealth Fund Institute

In a boost for Gulf-based debt, JPMorgan is adding their debt compositions to two influential emerging market bond indexes. These emerging market indexes are the most widely tracked among asset managers in the industry. Saudi Arabia, the United Arab Emirates, Bahrain, Kuwait, and Qatar are being added to the J.P. Morgan EMBI Global Diversified Index [...]
Read by 69% of LPs

business-standard.com 5 hours, 51 minutes ago

Coffee Clash Brews In China, Start-up Luckin Working To Dethrone Starbucks | Business Standard News

Chinese upstart is burning millions of dollars to lure customers with steep discounts; it is targeting office goers and students who prefer to have their java on-the-go or delivered to their doorstep.
Read by 34% of LPs

dealstreetasia.com 5 hours, 51 minutes ago

Lime, Bird Said To Raise Millions In New Funding At Far Lower Valuation

New funding rounds for Lime and Bird value the California-based companies at about $2 billion, down from the roughly $3 billion-or-higher valuations they were said to be chasing as recently as a few months ago. The post Lime, Bird said to raise millions in new funding at far lower valuation appeared first on DealStreetAsia.
Read by 74% of LPs

asia.nikkei.com 5 hours, 51 minutes ago

Jerry Yang's Latest Tech Interests: Space Exploration And Longevity - Nikkei Asian Review

As well as being able to load content faster than ever before, you'll now find it's much easier to find all the content you need about the Asian business world. SINGAPORE -- Yahoo co-founder Jerry Yang is on the hunt for unusual investments, including space exploration and longevity, where he sees the highest potential for growth.
Read by 49% of LPs

swfinstitute.org 5 hours, 51 minutes ago

Central Bank Of Nigeria Reveals Plan For New National Micro-finance Bank | Swfi - Sovereign Wealth Fund Institute

The Central Bank of Nigeria has announced plans for a new national micro-finance bank. The proposed bank will promote small and medium enterprises. CBN's governor, Godwin Emefiele, noted that the bank will partner with the Bankers Committee, the Nigeria Incentive-based Risk Sharing System for Agricultural Lending, and the Nigerian Postal Service. Emefiele laid out the [...]
Read by 66% of LPs

channelnewsasia.com 5 hours, 51 minutes ago

Coffee Clash Brewing In China: Start-up Luckin Takes On Starbucks

When Starbucks came to China two decades ago it promised to open a new store every 15 hours. Now a homegrown rival, Luckin Coffee, plans to build a high tech-driven shop every three and a half hours to dethrone the US giant.
Read by 42% of LPs

barrons.com 5 hours, 56 minutes ago

Goldman Sachs' Abby Joseph Cohen Highlights Global Bargains - Barron's

Why Goldman Sachs analysts favor New Oriental Education & Technology Group, Northrop Grumman, Recruit Holdings, and Tapestry. Also, the allure of an ETF, iShares Global Clean Energy.
Read by 64% of LPs

dealstreetasia.com 5 hours, 56 minutes ago

Tencent Mulls Bid For S Korean Gaming Firm Nexon Parent

Nexon founder Kim Jung-ju plans to sell a controlling 98.64 per cent stake in Nexon's holding firm NXC Corp, held by himself and related parties. The post Tencent mulls bid for S Korean gaming firm Nexon parent appeared first on DealStreetAsia.
Read by 33% of LPs