Open this photo in gallery: Representations of cryptocurrency Bitcoin in Paris on March 9.Benoit Tessier/Reuters Rob Csernyik is a 2022 Michener-Deacon fellow and a contributing columnist for The Globe and Mail. When Bitcoin hit an all-time high of nearly US$74,000 on March 14 – pushing the cryptocurrency market to a dizzying US$2.8-trillion – I was
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.
By Monique Friedlander For Daily Mail Australia 02:01 12 Feb 2024, updated 02:26 12 Feb 2024 Lisa Wilkinson may have been absent from television screens for a year. But the former Project host is hardly doing it tough, as she boasts a property portfolio worthy worth more than most people earn in a lifetime. The TV
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
Published: Feb. 6, 2024 at 6:25 a.m. ET Kwasi Kwarteng, who served as the U.K.’s finance minister during the mini-budget crisis which saw Britain’s pound drop to its lowest ever levels against the U.S. dollar, has said he will not stand for reelection as a member of parliament. The British politician, who had previously worked
The Mid Cap coin set represents an investment portfolio consisting of cryptocurrencies that fall within the mid-range of market capitalization. By assembling these into a single basket, investors gain exposure to a diverse range of cryptocurrencies that have advanced beyond their initial developmental stages but have yet to attain the scale of the largest players
Commission-based “load” mutual funds and the financial advisors who still sell them seem passé, like riding a horse and buggy to reach your investment goal instead of a zippy new exchange-traded fund. Yet there are excellent load funds run by top fund managers at big shops. Of the 10 largest mutual fund families, six have
Published: Jan. 17, 2024 at 3:08 a.m. ET By Elena Vardon Brooks Macdonald Group said it expects momentum on gross inflows to continue across its products over the second half of fiscal 2024 as it posted a rise in funds under management for the second quarter. The U.K. asset manager on Wednesday said that the
The chief executive of M&G’s asset management business has urged dialogue between global watchdogs to ensure a consistent regulatory framework for fund tokenisation, after the UK government last year backed an industry-led blueprint on how funds can adopt blockchain technology. In November, the technology working group of HM Treasury’s Asset Management Taskforce — chaired by
These mutual-fund and ETF investing tips can give your portfolio new momentum
Published: Feb. 29, 2024 at 3:14 p.m. ET Don’t miss these top money and investing features: INVESTING NEWS & TRENDS 10 stocks you can bet on being inflation-proof High-quality stocks can do well when prices are rising or falling. Here’s why. Read More Nvidia, AI-fueled tech stocks are heading for a ‘magnificent exuberance’ bubble The…