It might seem at times that investors care more about Jensen Huang than Federal Reserve Chair Jerome Powell. Huang is the longtime CEO of chip maker Nvidia Corp. NVDA , which stole the show last week by blowing away already lofty earnings expectations and leading stocks to new rounds of all-time highs, even as nagging
Two years on from Russia’s invasion of Ukraine and global finance firms are still feeling the impact of the fallout, with many still scrambling to untangle their businesses from the region. The outlook for international finance giants in Russia remains on a knife-edge, as the country continues to face a host of challenges. These range
Legal and General Investment Management is set to overhaul its UK property fund amid pushback from investors and the regulator around liquidity issues plaguing the sector. Under the new structure, LGIM will adopt a “hybrid” approach: 45% of the portfolio will be held in direct property, with 45% reallocated into shares of globally listed real estate investment trusts.
A report on donor-advised funds issued Thursday morning from an independent, academic-led collaborative finds 54% of these philanthropic vehicles granted at least half of their assets to nonprofits within three years. It also found that half of all existing accounts are modest in size, with assets of US$50,000 or less. The findings from the Donor-Advised
Last Updated: Feb. 14, 2024 at 6:24 a.m. ET First Published: Feb. 14, 2024 at 4:29 a.m. ET One of the big concerns for investors in Coinbase Global is that the launch of spot bitcoin exchange-traded funds would hurt its main crypto brokerage. At one competitor, that’s not been the case. Robinhood Markets HOOD CFO
Family offices are studying the investment opportunities presented by artificial intelligence, of course, but they are also excited about the potential AI offers for streamlining their operations and, for one day, supporting decision-making on investments and strategy. AI technology is expected soon to facilitate automation of several mundane but critical tasks for family offices, which
Published: Feb. 12, 2024 at 2:19 a.m. ET By Joe Hoppe Tritax Big Box said it has reached an agreement to take over UK Commercial Property REIT in an all-share offer, valuing the company at around 924 million pounds ($1.17 billion). The commercial-property investor said UK Commercial Property investors will receive 0.444 new ordinary Tritax
The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds. Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December over a Fed policy
Published: Feb. 8, 2024 at 6:05 p.m. ET Don’t miss these top money and investing features: . INVESTING NEWS & TRENDS This fund manager stopped worrying about economics. Now he is outperforming the stock market. A change in strategy has helped transform the GoodHaven Fund from a long-term underperformer into an outperformer since the end
The truth about investing: ‘Common sense’ can be the worst advice
In a recent article I offered the opinion that “common sense” is a dangerous trap that’s easy for investors to fall into. Some readers didn’t agree. So let’s explore this idea a bit, then you can make up your own mind. Common sense is a popular topic for authors. I have often recommended ”The Little Book of Common