Indiana State

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

GOBankingRates

Every year since 2014, investors have ranked real estate as the number-one long-term investment, according to polling results from Gallup. In the 2024 version of the survey, a whopping 36% of...

3 Long-Term Investments That Are Always Better Than Real Estate

Virginia State

Writers represent independent, third-party users who have joined our contributor program and self-verified their accounts. Writers are expected, like all users, to adhere to our Community Standards.

writer

Cheryl E Preston

MeTV is launching a third channel that Virginia viewers will enjoy. In addition to MeTV + on June 25 MeTv Toons will premiere. Favorite old-school animation will run 24/7 featuring classics like Underdog, Alf Tales, The Flintstones, The Jetsons, Captain Planet The Wacky Races, The Perils of Penelope Pitstop and more.

MeTV launches MeTV Toons channel with 24/7 animation

This simple yet elegant investing strategy can help you build lasting wealth. Too many people seem to want to make investing complicated. However, it doesn't have to be so difficult. You can position yourself to make money from stock markets all around the world with just two proven exchange-traded funds (ETFs).

Want to Retire Rich? 2 ETFs to Buy Now and Hold Forever

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

Financial guru and TikToker Humphrey Yang recently shared in a YouTube video a few index funds you can invest in which will help grow your wealth over time.

5 Best Index Funds To Own for Life, According To TikToker Humphrey Yang

BlackRock announced on Sunday that it plans to acquire all assets of private markets data provider Preqin for £2.55 billion ($3.2 billion) in cash. The deal is expected to close by the end of 2024, pending regulatory approvals. Preqin, which started out as Private Equity Intelligence in 2003, expanded...

BlackRock acquiring alts data provider Preqin for $3.2bn

Newark, NJ

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

Morristown Minute

NEWARK, N.J. – Eight individuals associated with the "793 Bloods" street gang, a subset of the national Bloods gang, have been charged for their roles in a Newark-based drug trafficking organization, U.S. Attorney Philip R. Sellinger announced.

Eight '793 Bloods' Gang Members Charged in Newark Drug Network

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

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?

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

Miami, FL

Healthcare-focused private equity firm Martis Capital has added to its team and opened an office in Miami. The new outpost is in Coconut Grove and the firm also has offices in Washington, D.C. and San Francisco. "The growth of our firm enables us to continue to support company founders across the healthcare industry and deliver […]

Martis Capital adds Miami office, senior execs

AI was beneficial for some of the information in this article. If you are a Virginian who loves sunflower seeds in their shells, you have probably found a prize in the bottom of the bag just like in boxes of Cracker Jacks. Instead of a ring it's encountered a piece of bark that can be found in some bags.

There is a not so welcome surprise in the bottom of some bags of sunflower seeds in the shells

The popularity of exchange-traded funds remains undiminished nearly 35 years after their introduction. Now, U.S. ETFs appear on a course to reach $10 trillion in AUM by 2027, according to Natixis Investment Managers. Initially launched in Canada in 1990, the exchange-traded fund (ETF) was first created to provide investors with...

ETFs in U.S. Likely to Cross $10 Trillion By 2027

The Motley Fool

Why pay more to do worse when you could pay less and do better?

A Financial Mystery: Investors Paying Tens of Billions of Dollars to Underperforming Mutual Funds -- When Index Funds are Cheaper and Perform Better

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

Electric utility stocks spent years as dull, safe investments, spitting out dividends and increasing their revenues under tight rate caps. Now they’re some of the hottest stocks on Wall Street, riding the coattails of artificial intelligence hype. Investors see a sector that remains undervalued as data centers boom and vehicles and buildings go electric.

Utility stocks are Wall Street’s secret backdoor to AI

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 has accused its rival of “outright deceit” after shareholders voted to support BlackRock’s board nominees at several of the funds in question, and promised to hold the world’s largest fund manager “accountable in court.”

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

Kentucky State

Northern Kentucky Tribune

Kentucky’s medical cannabis program has taken significant steps toward ensuring those with qualifying conditions have access to medical cannabis as soon as possible, said Gov. Andy Beshear this week.

State to open licensing applications for medical cannabis businesses beginning July 1

NewsBreak

Indiana adds to private markets

The $41 billion Indiana Public Retirement System (INPRS) added a co-investment fund as part...

Indiana adds to private markets

Comments / 0