(Bloomberg) — Coffee and pepper producer Phuc Sinh Corp. will receive a loan of as much as $25 million from SAIL Investments’ Netherlands-based &Green Fund. Most Read from Bloomberg The Ho Chi Minh City-based company, which also exports chilies, cashew nuts, cassia and other products, is the first Vietnamese company to get direct support from
(Bloomberg) — Gregg Abella, a money manager in New Jersey, wasn’t expecting the flood of phone calls he got from clients this past week. “Suddenly people are saying to us, ‘Wow, do you think it’s a good time for us to add bonds?’” Most Read from Bloomberg It’s something of a vindication for Abella. He’s
(Bloomberg) — The turmoil in global markets this past week is causing private credit funds to question whether they should reconsider the ever-tighter loan margins they’re demanding. Most Read from Bloomberg Industry stalwarts such as Ares Management Corp. and Blackstone Inc. have been charging less for private credit for most of this year, according to
(Bloomberg) — Debate is raging on whether the AI rally has run its course but for some investors, another drawdown may be a chance to buy. Most Read from Bloomberg Money managers in Asia are on the hunt for their next purchase even after the region’s tech stocks recorded their steepest ever two-day drop this
(Bloomberg) — Funds that invest in US leveraged loans had one of their biggest weekly outflows in years as prices briefly plunged the most since March 2023’s regional banking crisis. Most Read from Bloomberg Outflows were $3.07 billion in the week ended Aug. 7, according to data from LSEG Lipper, building on prior-week outflows of
(Bloomberg) — Hedge funds look to have pulled back from their most bullish yen bets but are still paying high prices to hedge positions at current levels, a sign of increased uncertainty as to where the currency will go next. Most Read from Bloomberg Dovish comments by Bank of Japan Deputy Governor Shinichi Uchida Wednesday
(Bloomberg) — Stocks struggled after rally driven by the Bank of Japan’s reassurance in the wake of historic market volatility, with Treasuries falling amid a weak $42 billion sale of 10-year bonds. Most Read from Bloomberg Following a surge of almost 2% earlier in the session, the S&P 500 was little changed. Bonds also came
(Bloomberg) — This month’s market turmoil has helped Brevan Howard Asset Management’s flagship hedge fund swing to a profit for the year after reversing earlier losses. Most Read from Bloomberg The $12 billion Brevan Howard Master Fund made an estimated 2.3% gain in the first two trading days of August, wiping out a drop in
(Bloomberg) — Cryptocurrencies reeled from a bout of risk aversion in global markets on Monday, at one point sending Bitcoin down more than 16% and saddling second-ranked Ether with the steepest fall since the collapse of FTX in 2022. Most Read from Bloomberg Top token Bitcoin traded 9% lower at $53,883 as of 4:51 p.m.
(Bloomberg) — Sign up for the India Edition newsletter by Menaka Doshi – an insider’s guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Most Read from Bloomberg India will shield more of its bonds from foreign ownership, in a sign it’s uncomfortable with the billions of dollars