London-based multi-manager hedge fund platform Falcon Investment Management has launched a new fund, offering family offices access to a private debt-style hedge fund strategy that had previously been reserved for larger institutional investors. The newly launched Cayman-domiciled open-ended fund targets high yields for investors while maintaining low volatility and no correlation to other markets. Noting […]

Falcon unveils open-ended HF strategy for family offices

24/7 Wall St.

24/7 Insights Financial stocks often do well when interest rates go higher Wall Street is only expecting one rate cut by the Federal Reserve this year Grab this free report now Access 2 legendary, high-yield dividend stocks Wall Street loves After years of a low-interest rate environment, which has reversed significantly over the last two […]
The post 4 Wall Street Blue Chip Financial Giants Are Raising Their Dividends appeared first on 24/7 Wall St..

4 Wall Street Blue Chip Financial Giants Are Raising Their Dividends

In a recent move, Saba Capital Management, L.P. has acquired additional shares of Adams Natural Resources Fund, Inc. (NYSE:PEO), a company focused on the energy and natural resources sectors. The transaction, which took place on July 1, 2024, involved the purchase of 26,730 shares at a price of $23.59 per share, amounting to a total investment of over $630,000.

Saba Capital Management buys Adams Natural Resources shares worth over $630k

Park Place Capital Corp bought a new stake in BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF – Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,097 shares of the company’s stock, valued at approximately $49,000. Park Place Capital Corp owned 0.12% of BlackRock U.S. Equity Factor Rotation ETF as of its most recent SEC filing.

Park Place Capital Corp Buys Shares of 1,097 BlackRock U.S. Equity Factor Rotation ETF (NYSEARCA:DYNF)

BlackRock said Monday it plans to acquire Preqin, an independent provider of private markets data, for about $3.2 billion in cash. The purchase will add a significant “complementary data business to BlackRock’s investment technology, marking a strategic expansion into the fast-growing private markets data segment,” according to BlackRock.

BlackRock To Buy Private Markets Data Solutions Firm Preqin For $3.2 Billion

Markets Insider

"The bar for being short equities right now is very high given these upcoming flow and random market dynamics," Goldman Sachs' Scott Rubner said.

Stocks are about to hit a 'wall of money' that will drive the market to record highs in July, Goldman Sachs says

Nvidia's expensive valuation could limit the returns investors might get from owning the stock in the long run. Investing in an exchange-traded fund can provide investors with a good mix of growth and diversification. The Invesco QQQ Trust has trounced the market over the past 10 years. Why invest in...

Forget Nvidia: This ETF Could Turn $25,000 Into $1 Million

The Independent

Video games developer Keywords Studios has backed a £2.1 billion takeover offer in a move that will see yet another London-listed firm being taken private.Dublin-based Keywords, which is listed on London’s junior Aim market, has backed a cash bid worth £24.50 a share from Swedish private equity firm EQT.The bid price – worth £2.2 billion including debts – marks a 66.7% premium to Keywords’ closing share price on May 17.It is also higher than the initial proposal, but lower than a £25.50 approach put forward in May.The board believes that this offer represents a good opportunity for Keywords Studios shareholders...

Keywords Studios agrees £2.1bn takeover in further blow to London market

Goldman Sachs has launched a $3.4 billion fund aimed at purchasing shares from real estate investors and fund managers facing cash shortages. The new fund, Vintage Real Estate Partners III, focuses on investing in shares of real estate funds, often involving stakes in large property portfolios or development projects. The...

Goldman Sachs launches $3 billion fund to buy real estate bargains

Indiana State

The $41 billion Indiana Public Retirement System (INPRS) added a co-investment fund as part of its continued commitments to private equity. Private markets total roughly 16% of the overall portfolio, according to recent board meeting documents. The majority of that exposure is to private equity, which totals 11% of assets. The roughly $4.6 billion program […]

Indiana adds to private markets

New York City, NY

The British Columbia Investment Management Corporation (BCI) welcomed Jon Salon to its new New York City offices to lead the healthcare effort within its C$31 billion ($22.6 billion) private equity program, officials announced today. Doubling in size the pension fund’s presence in New York, the newly opened office space further enables the growing team to […]

BCI grows PE presence in the U.S.

New Mountain Capital held the final close of its seventh control-oriented fund, New Mountain Partners VII, at $15.4 billion. The fund reached its hard cap of $14 billion in limited partner commitments, with an additional $1.4 billion from general partners. The New York-based firm's previous fund, which closed at $9.6 billion in 2020, is now […]

New Mountain Capital closes sixth buyout fund with $15.4bn

Reuters

LONDON (Reuters) - British investors added a record 11.4 billion pounds ($14.5 billion) into equity funds over the first six months of 2024, as the prospect of further central bank interest rate cuts fuelled demand for riskier assets, according to fund network Calastone.

UK investors buy record $14.5 billion of stocks this year, Calastone says

Here’s what happened on the Ripple v SEC front in the past few months. Ripple’s ongoing legal battle with the SEC over XRP sales has seen some favorable rulings for the company. The lawsuit’s outcome is expected to cause significant volatility for XRP and the broader crypto market,...

Ripple v. SEC Lawsuit Update July 1st

This popular growth ETF may have a lot more room to run. The U.S. large-cap growth space is currently in paradox territory. Multiple economic metrics, such as auto and credit card delinquencies, paint a distressing picture for the American consumer. (See the following graph.) Simultaneously, several large-cap U.S. stocks, particularly in the technology sector, are trading at historically high valuations.

Is The Vanguard Growth Index Fund ETF Shares Still a Buy?

The Vanguard Growth ETF's top holdings are "Magnificent Seven" stocks like Apple, Nvidia, and Microsoft. The fund boasts an ultra-low expense ratio, meaning investors keep a greater share of their investment returns. Over the past 10 years, the fund has averaged an annualized return of 15.4% -- a stellar record...

Is This Spectacular Vanguard ETF a Millionaire Maker?

June saw all Bitcoin ETFs noting significant outflows, led by Grayscale Bitcoin Trust with $559 million. BlackRock’s Global Allocation Fund disclosed ownership of 43,000 IBIT shares. We are nearing the final approval of the spot Ethereum [ETH] ETFs scheduled for 4 July. And yet, according to a recent CNF...

BlackRock makes a surprising move as Bitcoin reacts – All the details

According to value investor Bill Miller IV, Bitcoin looks like a classic value investment. Despite recently hitting a new all-time high, Miller says Bitcoin may still be significantly undervalued. Even at a $1.3 trillion market cap, Bitcoin may be worth much more. Even at its current market cap of $1.3...

1 Top Cryptocurrency to Buy Before It Soars Another $1 Trillion in Market Cap, According to Value Investor Bill Miller IV

ZURICH (Reuters) - U.S. bank State Street has won a mandate to act as custodian bank for a multibillion-dollar compensation fund of the Swiss federal government that was previously at UBS, authorities said on Wednesday.

State Street replaces UBS as custodian bank for Swiss government fund

New Mexico State

Albuquerque, NM

Source New Mexico

The University of New Mexico invests in at least two mutual funds that own shares in Israeli companies, according to a list of investments within the funds obtained by the Daily Lobo through a public records request. UNM also holds bonds in a weapons manufacturer that supplies the Israel Defense Forces — the national military […]
The post University of New Mexico invests in funds with shares in Israeli companies appeared first on Source New Mexico.

University of New Mexico invests in funds with shares in Israeli companies

NewsBreak

Saba claims ‘deceit’ after BlackRock prevails in closed-end fund battle

BlackRock has scored a major victory over Saba Capital Management in their bitter fight over 10 BlackRock closed-end funds — but Boaz Weinstein’s activist hedge fund...

Saba claims ‘deceit’ after BlackRock prevails in closed-end fund battle

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