Software private equity investors like to think of themselves as deal hunters, adept at picking out undervalued companies that, with a bit of restructuring, could exit in a few years at much higher valuations. Of course, not every deal works … Continue reading The Season To Buy An Enterprise Software Company For Billions
Oil giant ExxonMobil announced on Thursday that it’s upping its spending plans, underscoring its commitment to oil and gas. With more and more energy companies jumping aboard the green transition bandwagon, those that have stuck to fossil fuels look increasingly like dinosaurs. … Continue reading Exxon’s Bad Boy Appeal
Vulnerabilities have been rising for EU corporations and further stress could impair their ability to make payments on their debt. Energy-intensive sectors, companies exposed to real estate, and firms with high debt levels seem particularly vulnerable given the pressures on … Continue reading The European Systemic Risk Board (ESRB) is sounding an unprecedented warning
When the centralized exchange (CEX), FTX, filed for bankruptcy, the liquidator said this: “never in my career have I seen such a complete failure of corporate controls and such a complete absence of trustworthy financial information as occurred here.” That’s … Continue reading The boom of Decentralized Exchange Crypto Trading
Hedge Funds have done better on average than the S&P 500 this year. The average hedge fund has made a 1% return since the middle of the year, and is down 5% so far this year. And while that might … Continue reading Hedge funds have turned their back on “momentum strategies”
London-based Man Group (ticker: EMG) – the world’s biggest publicly-traded hedge fund firm with $140 billion of assets under management – is about to launch a new fund entirely dedicated to crypto. Why is Man Group getting into crypto? 1. Institutions are … Continue reading Man Group – the world’s biggest publicly-traded hedge fund firm – is about to launch a brand-new crypto fund.
Warren Buffett’s Berkshire Hathaway upped its stake in Japan’s five biggest trading houses, according to the News on Monday from Bloomberg. And lately the Far East seems to have caught his and Berkshire’s eye with the firm pouring even more … Continue reading Berkshire’s bulked-up stakes in the Japanese trading firms
The long-touted joint venture between Société Générale’s and AllianceBernstein’s stock businesses appears to be going ahead, according to news out on Tuesday. The world of professional stock investing hasn’t been a happy place in recent years. The rise and rise of … Continue reading Société Générale’s and AllianceBernstein’s joint venture
Stocks might be down this year, but $140-billion hedge fund Bridgewater thinks the bottom’s still to come. The world’s biggest hedge fund has compared today’s conditions to those of past inflation-driven bear markets, and it fears things have to get … Continue reading Bridgewater’s Still Waiting For The Stock Market Bottom
The giant UK insurer Legal & General (L&G) reared its head on Friday to reveal the damage it took during September’s pension fund storm: a measly $12 million, a LDI (Liability Driven Investment) pension fallout, as it turns out. Legal & General … Continue reading Legal & General expects £12m impact from LDI pension fallout
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