Investors in thematic funds have an ever-increasing range of funds to assist diversification and there are now new funds focused on royalty companies and cancer treatments. Tema ETFs has launched the actively managed Tema Global Royalties ETF and the Tema Oncology ETF, claiming the only ETFs of their kind to...
August is turning out to be chaos for emerging markets. Bonds and stocks from developing economies are poised for their worst monthly losses since last September after Nigeria’s central bank revealed it has less reserves than estimated, an outsider won primaries in Argentina and a presidential candidate was assassinated in...
Hedge fund manager Vivek Ramaswamy has been climbing the presidential polls, thanks in part to his corporate successes. Before his bid for the Republican nomination, where he’s now ranked third after Donald Trump and Ron DeSantis, Ramaswamy established and led a pharmaceutical venture, Roivant, which went public in 2021. He...
The ongoing bitcoin bear market has been difficult for cryptocurrency entrepreneurs like Tyrone Ross, but it hasn’t been enough to slow him down. Bitcoin is down more than 60% since it reached a high point in November 2021, and the broader cryptocurrency market has been plagued by bankruptcies, scandals, criminal...
All around the world, bond traders are finally coming to the realization that the rock-bottom yields of recent history might be gone for good. The surprisingly resilient US economy, ballooning debt and deficits, and escalating concerns that the Federal Reserve will hold interest rates high are driving yields on the...
Cryptocurrencies extended declines, sliding with global risk assets as investors price in higher interest rates for longer. A report of Elon Musk’s SpaceX selling Bitcoin holdings added to the concerns. Bitcoin fell 4.4% at 9 a.m. in London on Friday, and was headed for its biggest weekly decline in three...
Investor Michael Burry, who famously predicted the 2008 housing market crash and later was played by Christian Bale in the movie “The Big Short,” has bet more than $1.6 billion on a Wall Street collapse, according to an SEC filing this week. Burry is apparently going all-in, or close to...
Most financial firms aren’t assessing their portfolio exposure to nature-related risks with the same urgency they use to measure climate impacts, a shortcoming that could lead to higher costs, litigation and a hit to reputations, according to a new report. Only 20% of financial companies measure their exposure to nature-related risk,...
Don’t give up so quickly, all you browbeaten ESG investors. Consider impact investing instead. All the recent political furor surrounding environmental, social and governance investing has an increasing number of investors who were once looking to do well by doing good now saying good riddance to the whole idea of...
A promising opportunity lies on the horizon: the private real estate sector. Conversations with managers have revealed a developing potential within this space. Private real estate, as an asset class, is influenced by various market uncertainties that also impact other sectors. Factors like inflation, rising interest rates and financial challenges...