Can Old Mutual Weather The Prolonged Storm? | Swfi - Sovereign Wealth Fund Institute
South African insurer Old Mutual Ltd.’s earnings are out, and it isn’t a pretty picture. Old Mutual announced that it suffered a 12% drop in adjusted full-year profit. The hoped-for 2018 targets were missed, and their local economy remained anemic. Though Old Mutual is the second biggest insurance company in the country, it was unable […]
Keppel Land China And Alpha Investment Partners Acquire Majority Stake In Yi Fang Tower | Swfi - Sovereign Wealth Fund Institute
Alpha Asia Macro Trends Fund III, Keppel Land China Limited (part of the Keppel Corporation), and a number of investors purchased the Yi Fang Tower mixed-use complex for 4.6 billion RMB. The tower is located in Shanghai in the historic Bund area. Alpha Asia Macro Trends Fund III is taking 42.1% stake, while Keppel Land [...]
An Ex-fox News Host Pitched 'financial Freedom.' His Clients Want Their Money Back. - The New York Times
Clayton Morris, a former "Fox and Friends Weekend" host, at his home in New Jersey. He and his wife offered to help average investors get into real estate, but many of the couple's clients say they lost thousands of dollars.
London Pension Pool Appoints Infrastructure Manager | News
London CIV names StepStone as first infrastructure manager for local authority pension assets. : Many people start their new year with diets, exercise, or perhaps a dose of self-help. Bookshops are well stocked with guides to better working, living, thinking, sleeping and even breathing. No wonder the discussion of trade is in such a tangle. The terminology around the subject is almost designed to cause confusion.
Trump Team Split On Iran Oil Waivers As Deadline Looms
President Trump's national security team is deeply divided over whether to let a small group of countries keep buying Iranian oil after a U.S. deadline on sanctions waivers expires in May.
Ariana Ceo Backs Ichamp; Sequoia, Leo Capital Invest In Bulbulshop
Quiz-based learning edtech startup iChamp has raised an undisclosed amount in funding led by Singapore-based Ariana Investment Management's CEO Raju Shukla. The post India Dealbook: Ariana CEO backs iChamp; Sequoia, Leo Capital invest in Bulbulshop appeared first on DealStreetAsia.
Venture Capitalists Vs. Limited Capitalists: Understanding The Difference
The world likes to categorize investors. Wall Street thinks of itself as "smart money" and the rest of us as "dumb money". John Maynard Keynes, a noted economist and investor, categorized investors as "professional investors" and "gamblers" (Cannabis, Crypto, and the Psychology of Gambling, Bloomberg BusinessWeek, October 1, 2018, page 27). Professional investors are defined as those [...] The post Venture Capitalists Vs. Limited Capitalists: Why Entrepreneurs Must Understand The Difference appeared first on Moguldom.
Krispy Kreme Owners Plan To Donate PS8.3M Over Nazi Family Ties | The Independent
The German businessmen used Russian and French prisoners for slave labour during World War II. : The family that owns brands such as Krispy Kreme Doughnuts, Panera Bread, Pret a Manger and Keurig Dr Pepper has found family ties to Nazi ancestors. The findings were part of a three-year investigation which uncovered the family's use of slave labour during World War II. According to the investigation, Albert Reimann Sr and Albert Reimann Jr used Russian and French prisoners of war as forced labour in their factories.
Willis Towers Watson Picks Simcorp Dimension For Investments Busine...
SimCorp, a leading provider of investment management solutions and services to the global financial...: SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announces that leading global advisory, broking and solutions company, Willis Towers Watson, has chosen SimCorp Dimension to form the front to back system for its global Delegated Investments business.
Pharo Hedge Fund Returns Saudi Cash After Khashoggi Murder
A hedge fund has told investors it returned money to Saudi Arabia following the murder of columnist Jamal Khashoggi, according to people with knowledge of the matter. The move is a rare rebuke to one of the world's most influential investors. Pharo Management (UK) LLP in December gave back about $300 million that it had previously managed for the kingdom's central bank Saudi Arabian Monetary Authority, known as SAMA, one of the people said, asking not to be identified because the information is confidential.
Tesla Shares Remain Under Pressure As The Negative News Flow Continues
There seems to be a never-ending flow of negative news around Tesla as two analysts have cut their March quarter outlook in the past three days and a Tesla bull is talking about a recession. And Elon Musk isn't helping as he battles with the SEC over his tweets.