Not Everybody’s Buying the Saudi Story, Even as Money Gushes In
May 27, 2018

Not Everybody’s Buying the Saudi Story, Even as Money Gushes In

  • Hermes’ Greenberg wants ‘real’ change before committing
  • History suggests underperformance after upgrade, Trustus says

While tens of billions Continue reading

$1 Trillion Fund Committed to U.K. No Matter What Brexit Outcome
March 28, 2018

The world’s biggest sovereign wealth fund will continue to invest in the U.K. no matter what the outcome of Brexit talks.

“We remain a long-term and committed investor in the U.K. in all asset classes,” Norges Bank Investment Management’s Chief Continue reading

Jeremy Grantham Wants His Kids to Get Into Emerging Markets
March 19, 2018

Jeremy Grantham, the 79-year-old investor known for his bearish views, is so bullish on emerging-market stocks that he’s telling his own kids to invest more than half their retirement money in the asset class.

"What I would own is as Continue reading

New Hedge-Fund Tax Dodge Triggers Wild Rush Back Into Delaware
March 13, 2018

Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware.

Since late 2017, hedge fund managers have created numerous shell companies in the First State, corporate America’s favorite tax jurisdiction. These limited liability companies share Continue reading

Global Stock Slump Continues; China Gets Hit Hard: Markets Wrap
February 26, 2018

The sell-off in global stocks that briefly looked to have ended mid-week has come back, tipping markets from the U.S. to Asia into declines exceeding 10 percent from their January highs . China, where retail investors dominate, got hit particularly hard Continue reading

What Just Happened? Six Views on How the Correction Finally Came
February 20, 2018

Like everything in markets, this defies easy narratives. Is it rising yields, hedge funds selling out of arcane positions, inflated valuations bursting or none of the above? After two days of relative peace, investors theorized on what drove U.S. stocks Continue reading