Corporate jet investor

The bottom fell out from one of crypto’s fastest growing blockchains, LUNA, which promised to succeed where bitcoin failed. Its predictable collapse reverberated across the entire crypto market and is forcing investors to pick up the pieces. C rypto’s history has been defined by five resets. The first came in 2014 when what was basically the only bitcoin exchange in the world, Mt. Gox, imploded following a nearly half-billion-dollar hack. The second, in 2016, was The DAO hack, when an attacker tricked a smart contract into giving away $60 million worth of ethereum, worth $8 billion today. The third, in January 2018, occurred when the ICO bubble popped, starting a year-long decline wiping out 60% of the crypto market or more than $700 million mostly in the form of worthless junk tokens. The fourth took place in March 2020 when crypto lost 40% of its value along with most other global financial markets. Each reset not only led to price-market capitalization increases, they … [Read more...] about Crypto’s Great Reset: How Digital Asset Investors Will Recover From The Market’s $1 Trillion Meltdown

Representative image Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × India’s largest luxury and premium watch retailer Ethos on May 17 mopped up Rs 141.68 crore from nine anchor investors, ahead of its IPO. The public issue will open for subscription on May 18 and close on May 20. The company in its BSE filing said it has finalised the allocation of 16.14 lakh equity shares to anchor investors at a price of Rs 878 per share. ICICI Prudential Flexi Cap Fund bought 5.30 lakh shares in Ethos Limited, Jupiter India Fund purchased 3.73 lakh shares, Saint Capital fund bought 1.59 lakh shares and 1.55 lakh shares were bought by Cohesion MK Best Ideas Sub-Trust in the luxury watch retailer. Jupiter South Asia Investment Company Limited – South Asia Access Fund bought 77 thousand shares while Coeus Global Opportunities fund, Alchemy … [Read more...] about Ethos raises Rs 141.68 crore from anchor investors ahead of IPO

Share to Twitter Share to Linkedin The war in Ukraine, skyrocketing inflation and soaring commodity prices have combined to create the perfect setting for macro hedge funds this year, and most of them have taken advantage of it. Investors also expected robust returns from macro funds, so they have already poured billions of dollars into the strategy year to date. However, there is one other hedge fund strategy that's outperforming macro year to date, and that's managed futures. Macro events boost macro hedge funds According to a report from With Intelligence released last week, the HFM Macro Index was up 3% for the first quarter and 5.7% for the 12 months ending in March. Managed futures funds returned 7.7% for the first quarter and 5.5% for March. The HFM Global Composite was roughly flat for the first quarter, down 0.1%, while U.S. stocks declined 4.9%. Equity funds were in the red for the first quarter, returning -3.6%. Event-driven funds were … [Read more...] about Investors Favor Macro Hedge Funds With Flows, But This Strategy Is Outperforming Macro

LedgerX co-founder Paul Chou is building on the sale of the company he created by raising capital for a new kind of cryptocurrency that can be spent on Earth, the Moon, Mars and beyond. I t’s just before midnight on a rainy autumn Friday. Paul Chou and his entourage dodge puddles on the runway of the Teterboro Airport in New Jersey as they board a Gulfstream private jet bound for Las Vegas. The flight attendant cracks open a bottle of champagne and with a nod welcomes the passengers aboard. The girls disappear into the back and emerge minutes later wearing sequined cocktail dresses and feather boas. Sensing she’s in for a party, the attendant offers a round of tequila shots just as the inertia from the plane taking off to the Bellagio Hotel & Casino forces her laughing into her seat. Ostensibly, Chou, 38, is celebrating not only his birthday but the sale for an undisclosed amount of LedgerX, the ground-breaking bitcoin derivatives firm he co-founded with his wife in … [Read more...] about Bitcoin Trailblazer Raises Capital To Create Interplanetary Cryptocurrency

Share to Twitter Share to Linkedin Every market selloff presents opportunities. The iShares Emerging Markets ETF EEM is down -17% year-to-date. Even though Emerging Markets are notoriously volatile, this region is attractive due to its outsized growth potential. According to Lazard Asset Management , Emerging Market (EM) economies are responsible for about 60% of global growth, yet only represent about 13% of the MSCI All Country World Index ACWI . This gap won’t disappear overnight, but it bodes well for EM’s long-term investment prospects. EM has faster economic growth due to relatively attractive demographics and ongoing urbanization. If you’re a long-term investor, adding emerging markets exposure may also prove timely. Below is a chart of the MSCI Emerging Markets Index compared to the S&P 500 Index, expressed as a ratio. When the line is rising, it means Emerging Markets are outperforming US stocks. When the line is falling, it … [Read more...] about 3 Emerging Markets Stocks That Are Secular Winners On Sale

This article first appeared in The Edge Malaysia Weekly, on September 7, 2020 - September 13, 2020. - A + A IT would not be an exaggeration to say that Solarvest Holdings Bhd is the goose that lays the golden egg for building materials distributor Chin Hin Group Bhd. Founded by low-profile businessman and savvy investor Datuk Seri Chiau Beng Teik, Chin Hin is one of the largest companies in its sector. The group reported a net profit of RM7.47 million in its second quarter ended June 30 (2QFY2020) after recording a disposal gain of RM27.8 million from divesting 25 million shares in Solarvest, representing a 6.4% stake, at RM1.25 apiece. Excluding this one-off item, Chin Hin was expected to report a core net loss of RM20.3 million in 2Q, given that all of its business divisions sank into the red as a result of plant shutdowns and reduced activity on the back of the Movement Control Order (MCO). Bursa Malaysia filings show that Chin Hin disposed of 20 … [Read more...] about For Chin Hin, Solarvest is the goose that lays the golden egg

Share to Twitter Share to Linkedin Investing with an environmental , social or governance (ESG) focus has captured the attention of more and more investors and fund managers in recent years, but 2021 marked a major milestone for the strategy. Declaring 2021 to be "the year of ESG investing," Reuters reported in December that the year saw record inflows to ESG-focused funds. Thirty years of ESG investing According to data from Refinitiv Lipper, investors poured a record $649 billion into ESG funds around the globe during the first 11 months of 2021, up from the $542 billion invested in such funds in 2020 and $285 billion in 2019. Ten percent of the assets invested in funds worldwide are now in ESG funds. Clearly, ESG investing is not a fad that will go away anytime soon, but it's also not a new idea. In fact, ESG investing has been around for at least three decades. Amy Domini , one of Time's 100 Most Influential People, started one of the first … [Read more...] about ESG Is The Third Wave Of Change In Asset Management After Graham And MPT

Major Moves The majority of the stocks in the S&P 500 lost ground today as traders attempted to quantify and make adjustments for the uncertain risk they face with the Trump administration's tariff deadline looming at 12:01 a.m. Friday morning. The risk is uncertain because nobody knows if the Trump administration is going to go through with tariff increase. The U.S. Trade Representative's (USTR) office filed paperwork on Wednesday to raise tariffs on $200 billion of Chinese goods from 10% to 25%, but that doesn't mean the administration has to pull the trigger. However, the S&P 500 component that lost the most ground today didn't drop because of uncertain tariff risks. It fell because it faces easily quantifiable risks – 38 billion of them to be precise. Until today, Occidental Petroleum Corporation ( OXY ) had been in a bidding war with Chevron Corporation ( CVX ) for Anadarko Petroleum Corporation ( APC ). Chevron originally bid $33 billion for Anadarko, … [Read more...] about Occidental Petroleum Stock Plunges, but S&P 500 Rallies Into Close

With more than 12 percent corrections just behind us, this is time to start investing in lumpsum and there are possibilities of good inflows at these levels, but it would be foolhardy to assume that the market sentiment would not impact the investors' mood. Markets have quickly factored in most of the tightening, argues Aashish P Somaiyaa, CEO at WhiteOak Capital Asset Management, while sharing his views on the market trends during an interaction with Moneycontrol . "To make money, one needs to be counter-cyclical but exaggerated moves in the markets evoke emotional reaction in investors, that’s natural. Humans are not logical, they are psychological as is written by Rory Sutherland in his book, Alchemy: The Surprising Power of Ideas That Don't Make Sense ," he says. Excerpts from the interaction: How do you approach the market after it rebounded from over 12 percent correction in the last one-and-a-half-months? Close Around 5-10 percent correction from … [Read more...] about Daily Voice | It’s time to start investing lumpsum into markets, says Aashish Somaiyaa of WhiteOak Capital

(Representative image) Chennai-based Vivriti Capital, a lender to mid-market enterprises, has raised an additional $30 million as part of its Series C round from TVS Capital Funds, the company said on May 12. The infusion was made through TVS Capital Funds' TVS Shriram Growth Fund 3. The company already raised $55 million in the first close of its Series C funding in March, from existing investors Lightrock and Creation Investments. This infusion takes the total amount of funds raised by the company from external investors to $195 million. While the company did not reveal its exact valuation, it had said in March that the valuation has increased three times from its Series B round, and is now close to becoming a unicorn i.e. a privately held company with a valuation of $1 billion and above, as per sources close to the company. The funds will be allocated between Vivriti Capital, which is a fintech non-banking financial company (NBFC) and its subsidiary Vivriti Asset … [Read more...] about Vivriti Capital raises $30 million from TVS Capital Funds, inches closer to unicorn tag