The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other
It’s campaign season, and not just for presidential candidates. It’s also proxy season, when shareholders get to vote on proposals to change policies at the companies they invest in. Mutual funds are no exception, and the world of closed-end funds is often home to some epic battles. Case in point: In dueling statements, Saba Capital
Without investment, turning a million-dollar idea on paper into a reality is nothing more than a dream. Or at least, that’s usually the case. Tough Mudder, the military-style endurance experience—where contestants looking to test their mental and physical limits can take on 5K to 24-hour muddy obstacle courses that require them to run, jump, crawl,
How are financial advisors feeling about Bitcoin these days? In years past, many have expressed deep skepticism, citing price volatility, regulatory uncertainties, and even cryptocurrencies’ use in criminal activities. While plenty of doubts remain, the landscape has changed. In January, the Securities and Exchange Commission approved 11 spot Bitcoin ETFs. Two of the biggest, BlackRock’s
The new crop of exchange-traded funds offering direct exposure to Bitcoin may have accumulated billions in new assets in the two months since they hit the market, but experts say that’s not because advisors have suddenly jumped on the crypto bandwagon. Most advisors aren’t permitted to talk to clients about the so-called spot Bitcoin funds,
Shifting Supply Chains The idea: We like prospects for economic growth in Vietnam and the Philippines. We continue to see supply chains shift to Vietnam, and it will become a strategic manufacturing hub for everything from apparel to electronics, durables and increasingly automotive and electric vehicle value chains. It’s relatively large labor force is very
Vanguard’s decision to not offer its users access to bitcoin ETFs has sparked a backlash among some customers, who have decided to close their brokerage accounts and move their money to other platforms. Vanguard users have found themselves unable to buy shares in spot bitcoin ETFs, which started trading on Thursday after the U.S. Securities
In 2023, the domestic equity market demonstrated a remarkable performance, reminiscent of the bullish trend observed in 2017. Both the Nifty 50 and the Sensex exhibited substantial gains, climbing around 20 percent. However, what truly stood out were the midcap and smallcap segments, outpacing the benchmarks by a considerable margin. The BSE Midcap index witnessed
Investing in nature to address climate change, support biodiversity, and protect ocean health—and more—is expected to reach record levels this year in response to more regulation and market demand, according to Cambridge Associates, a global investment firm. Still, the amount of private capital invested to support natural systems will fall far short of what’s needed,
January isn’t just about resolutions; it’s a chance to plant the seeds for a prosperous year. You can make 2024 a year of smart financial decisions, which can be convenient and easy to implement. Most experts believe that the key to financial planning is diversification based on your risk profile as well as the duration