As investors look to take advantage of attractive yields in fixed income, one area of the market is often overlooked — securitized products. The space encompasses several different types of products, each generally created from pools of assets. They include mortgage-backed securities, collateralized loan obligations, commercial mortgage-backed securities and asset-backed securities. High-quality CLOs, for example,
A group led by Blackstone, the biggest private equity fund globally, together with Abu Dhabi Investment Authority (ADIA) and GIC of Singapore, made a non-binding offer recently to purchase a majority stake in Haldiram Snacks Food Pvt Ltd (HSFPL), the joint packaged snacks and foods business of the Agarwal family’s Delhi and Nagpur branches, according
New Delhi: Household savings are estimated to have declined for the third year in a row in FY24 as liabilities on account of interest towards housing and vehicle loans have continued to rise, but the trend could reverse in 2024-25 on account of the impact of RBI’s curbs on personal loan. The net household savings
Mumbai: Traditional companies trumped new age firms to emerge as the favourite of private equity and venture capital investors. Legacy companies cornered bulk of PE-VC investments in 2023 due to their established business models. The investments have been largely led by PE funds that have been more inclined to back legacy firms. Over the years,
In the previous part of this series on cyber frauds, the focus was on UPI, credit and debit cards and ‘fedex’ scams. However, there are other kinds of frauds which are even less understood by the unsuspecting public. One of them is unceremoniously known as the ‘pig butchering scam’ and targets people by inducing them
Teacher teaching her students in art class at school. Fg Trade | E+ | Getty Images The popular Public Service Loan Forgiveness program began a partial processing pause on May 1, which will likely run through July, the U.S. Department of Education recently said. The temporary suspension comes as the Biden administration overhauls the once-troubled
An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images Gold prices were poised for a second straight weekly decline, although bullion held steady on Friday as investors remained cautious ahead of the U.S. non-farm payrolls
Shares of Linde fell on Thursday after the industrial gas giant reported mixed first-quarter results and its guidance left some investors wanting more. The sellers graciously gave us the opportunity to add to our position in Linde for the first time in more than two years. Revenue in the three months ended March 31 fell
The bitcoin sell-off could get worse before it gets better, according to analysts who look only at price charts. The flagship cryptocurrency just posted its first negative month in eight and worst month since November 2022. The downtrend intensified on Wednesday when it tumbled under the $60,000 level for the first time since February, as
Michael Sonnenfeldt, founder, CEO and Chairman, Tiger 21. Adam Jeffery | CNBC Hedge funds are “dead” as an investment class for the super rich, said Michael Sonnenfeld, founder and chairman of Tiger 21 — a network of ultra high net worth investors and entrepreneurs. Tiger 21 members’ allocation to hedge funds dropped to 2% from