April 27, 2024
Funds

Dye & Durham in crosshairs of activist funds Blacksheep and Engine

A second activist investor is targeting legal software provider Dye & Durham Ltd. The Toronto company said Monday it had received notice from Blacksheep Fund Management that the Irish hedge fund may nominate its chief investment officer to join D&D’s seven-person board at its next scheduled shareholder meeting Aug. 20. That meeting was called after

Read More
Investment

How to leverage debt to invest in commercial realty

Representing innovation and connectivity, the commercial real estate (CRE) market is influencing urban ecosystems and most investors are eager to capitalise on opportunities it presents. According to Mordor Intelligence, the India CRE market size is at $40.71 billion in 2024 and is expected to reach $106.05 billion by 2029, with a CAGR of 21.10 per

Read More
Finance

German’s Finance Minister Rejects Joint EU Borrowing Push

Germany’s finance minister on Thursday stood firm against new common EU borrowing amid calls for the bloc to club together as it did after the Covid pandemic to fund a defence overhaul. Faced with Russia’s war on Ukraine, there have been growing calls for the 27-nation EU to pool its economic might to help revamp

Read More
Loans

Banks up Against $2 Trillion ‘Wall’ of Real Estate Debt

Banks are facing a $2 trillion “wall” of property debt, according to an American brokerage. As such, lenders must reduce their exposure to commercial real estate as that debt comes due over the next three years, Newmark CEO Barry Gosin told the Financial Times (FT) Monday (April 1). “Banks will be under pressure,” said Gosin, whose firm handled $50 billion in

Read More
Loans

National Debt Relief review: A leading debt settlement company with high ratings

National Debt Relief is a leading debt settlement company that works to settle clients’ balances for less than they owe. It’s highly rated by its clients, and it’s accredited by the American Association for Debt Resolution (AADR).  According to the company, its clients can become debt-free in 24 to 48 months, and they may save

Read More
Mortgage

Sean ‘Diddy’ Combs faces Federal heat over $100 million mortgages on Los Angeles, and Miami mansions

Sean ‘Diddy’ Combs is reportedly facing a huge mortgage debt of nearly $100 million on three luxurious mansions in Los Angeles and Miami. Sean Diddy Combs poses at the Met Gala, an annual fundraising gala held for the benefit of the Metropolitan Museum of Art’s Costume Institute with this year’s theme “Karl Lagerfeld: A Line

Read More
Loans

Republican-led states file lawsuit to block Biden’s massive new student loan bailout plan

Politics By Victor Nava Published March 29, 2024, 6:12 p.m. ET Eleven Republican-led states have filed a lawsuit against President Biden and Education Secretary Miguel Cardona in an attempt to block the administration’s latest student loan debt cancellation plan.  The lawsuit, filed Thursday in Kansas federal court by the state’s Attorney General Kris Kobach, is

Read More
Loans

Parents Take Out A Loan To Go On A Fancy Vacation With Their Baby

Parenting decisions are intensely personal and specific to the family making them. Parents who post content of their kids online open themselves up to the opinions of strangers, whether they’re being praised or criticized.  A mom named Alina shared how she and her husband were able to take their baby overseas, yet she got a

Read More
Funds

‘No AT1s. No CCCs:’ Bond Veteran Roberts’ New Fund Favors Safer Debt

(Bloomberg) — David Roberts, a bond market veteran who built several billion-dollar funds from scratch over the past 27 years, is cutting his retirement short and buying debt again. His approach is “No AT1s. No CCCs.””  HT Image {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The co-manager of Nedgroup Investments’ global strategic bond fund, launched formally on Tuesday,

Read More
Investors

Should stock-market investors stop worrying about the Fed and just keep loving AI?

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

Read More