Reddit, the community-based social media platform, filed its long-awaited IPO prospectus last week, which included some unique risks that revive memories of meme-stock mania from the height of the pandemic. The site hosts thousands of niche discussion groups, which are set up and moderated by volunteers. In a nod to the community’s role in maintaining

Investors have put their faith in equities in anticipation of interest rate cuts later this year, with inflows to the asset class surging to £2.01 bn ($2.53 bn) in January. This influx was primarily driven by a surge in buying interest, according to the Calastone Global Fund Flows Report. Its authors also find that the