'B-52' money has helped cushion the global economy. The market crash from coronavirus wasn't the result of one shock, but three. The first shock was the realization that the coronavirus outbreak wasn't just a Chinese problem as it rapidly turned into an international pandemic, says Philip Saunders, the veteran fund manager and co-head of multiasset growth for Ninety One, the asset management arm of South African banking group Investec.
A growing number of property investors are preparing for what they believe could be a once-in-a generation opportunity to buy distressed real-estate assets at bargain prices. Investment firms like Blackstone Group Inc. (BX), Brookfield Asset Management (BAM) and Starwood Capital Group are sitting on billions of dollars in cash and capital commitments they have raised from pensions, sovereign-wealth funds and other big institutions in recent years. Many of these firms are eyeing...
Two emerging market debt funds launched this week despite hefty outflows from the sector in March, saying they would seek to take advantage of sky-high premiums on bonds, overestimated default probabilities and underestimated recovery values.
DALLAS, April 2, 2020 Apex Clearing, the digital custody and clearing engine powering the future of wealth management, today announced the launch of the Apex 20a Platform, the first implementation of its newly established product development launch cycles that are created following best practices utilized by the technology industry as well as Silicon Valley. Bill Capuzzi, CEO of Apex Clearing.
SEATTLE, April 1, 2020 PitchBook, the premier data provider for the private and public equity markets, today announced a lineup of webinars that will address the impact of COVID-19 on the private markets, specifically private equity, venture capital and emerging technology sectors.
Templeton Emerging Markets Income Fund (TEI) [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0414 per share, payable on April 30, 2020, to shareholders of record on April 15, 2020. Franklin Resources, Inc. (BEN) [NYSE:BEN] is a global investment management organization operating as Franklin Templeton.
Mall giant Simon Property Group (SPG) is furloughing part of its staff, adding to the growing number of companies shedding workers as businesses shut down to fight the coronavirus pandemic. The largest mall owner in the U.S., which has around 200 malls, open-air centers and shopping outlets, has closed all its U.S. properties since March 18, and retail analysts expected that a worker furlough or layoffs could follow. As of December 31, Simon Property (SPG) and its affiliates employed around...
Central banks have printed record amounts of money to save financiers and allow indebted governments to keep spending. If all that sounds familiar, it's because those were the views of buyers of gold and other inflation protection in 2009. They were wrong then, but they're at it again--and this time they might be right. Consider Ruffer, a bearish British investment house.
Kroll Bond Rating Agency releases research that examines the impact of the new coronavirus on the investment funds sector. Although KBRAs outlook for the global investment fund sector remains stable, we expect that some asset managers and strategies will experience stress due to this prolonged economic slowdown.
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