Indonesia names billionaire investor Ray Dalio as sovereign wealth fund adviser

Investors voice concern over governance at fund expected to manage state assets

Financial Times - 4d

Norway’s sovereign wealth fund buys a quarter of London’s Covent Garden

Shaftesbury Capital sells stake in estate, which includes shops, market and transport museum site. Business live latest updates Norway’s sovereign wealth fund, the world’s biggest, has made a ...

The Guardian - Mar. 20

World's largest sovereign wealth fund invests $740 million in London's Covent Garden

Norway's $1.8 trillion sovereign wealth fund on Thursday said that it struck a deal to buy a quarter of London's iconic Covent Garden.

CNBC - Mar. 20

Billionaire Ray Dalio attributes his success to meditation — and shares his 'best advice' for others

"Whatever success I've had in life, has been more due to my meditating than anything else," said Ray Dalio, founder of Bridgewater Associates.

CNBC - Mar. 18

PwC and Saudi Arabia’s sovereign wealth fund clash over hiring of executive

‘Friction and angst’ over Neom auditor preceded Public Investment Fund’s ban on Big Four firm

Financial Times - Mar. 7

Trump's populist platform gives way to billionaires' agenda

Inside President Donald Trump’s MAGA movement, the populists and politicians are starting to take swings at the plutocrats — namely billionaire White House adviser Elon Musk.

NBC News - Mar. 8

What will Trump mean for personal wealth?

Pension funds, retail investors and money managers are worrying about the future of American capital markets

Financial Times - Mar. 10

Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'

Bridgewater founder Ray Dalio on Wednesday warned that a "very severe" supply-demand problem regarding U.S. debt could lead to shocking developments.

CNBC - Mar. 12

Pokémon Go Maker Niantic Sells Unit to Saudi Fund for $3.5 Billion

Scopely said it would buy Niantic’s video game business, which includes Pokémon Go, for $3.5 billion. Saudi Arabia’s sovereign wealth fund acquired Scopely in 2023.

The New York Times - Mar. 13

Wealth managers dump investment trust shares

But retail investors buy into the troubled sector

Financial Times - Mar. 8

1 dead, 2 missing in sludge collapse at Chinese-fund nickel plant in Indonesia

Officials say one person is dead and two are missing after a nickel waste disposal site collapsed on Indonesia’s Sulawesi Island

ABC News - 2d

Junior Bridgeman, NBA player-turned-billionaire businessman and Bucks minority owner, dies at 71

Bridgeman played more than a decade in the NBA before amassing a reported $1.4 billion in wealth

CBS Sports - Mar. 12

UK Treasury omits defence from National Wealth Fund priority sectors

Decision comes even as government joins other European countries in seeking to raise military spending

Financial Times - Mar. 19

What's hot in ETFs? Bond funds are in demand as investors flee the Nasdaq 'QQQ'

There have been strong inflows into fixed income, especially ultrashort funds. Precious metal funds have seen surprisingly light inflows.

CNBC - 3d

Peyton Manning, Ray Lewis among latest Madden NFL Ring of Honor members

EA Sports' virtual hall of fame is growing with names like Peyton Manning and Ray Lewis.

ESPN - 3d

'Volatility and conflict’: Business leaders sound warnings over Trump's tariffs

Ray Dalio warned of "fighting" between countries over tariffs, while Marc Benioff said reciprocity needs to be consistent or risk "volatility and conflict."

CNBC - Mar. 13

March Madness Is Sure to Be Chaotic. Your Bracket Name Can Be, Too.

The men’s and women’s tournaments provide a wealth of puns for schools, players and coaches.

The New York Times - Mar. 16

Pharmacies prepare to cut opening hours in funding protest

Pharmacies are being advised to "work to rule" unless a funding agreement can be reached with government.

BBC News - Mar. 18

Pension funds don’t take ‘anywhere near enough risk’, says UK national wealth fund executive

Ian Brown tells FT that managers need to back infrastructure projects before construction under wider net zero push

Financial Times - Mar. 16

'Buy European': Airbus and others call for sovereign fund and higher Europe tech autonomy

"Building strategic autonomy in key sectors is now a recognised urgent imperative across Europe," the letter from Airbus, Dassault Systemes and others said.

CNBC - Mar. 18

Orlando has an owner ready to buy Tampa Bay Rays after they back out of St. Pete stadium deal

In the wake of the Tampa Bay Rays announcing Thursday that they are backing out of a proposed $1.3 billion stadium deal in St. Petersburg, the Orlando Dreamers — a group of investors trying to ...

Yahoo Sports - Mar. 14

Indonesia rupiah falls to lowest level since Asian financial crisis

Central bank intervenes in markets to ensure ‘stability’ of currency amid investor fears over cost of president’s policies

Financial Times - 3d

This hedge-fund-style ETF is aimed at investors looking to diversify in volatile markets. Here’s what to look for.

Markets have been volatile this year, with some investors turning to alternative strategies for diversification as those increasingly become available to the masses.

MarketWatch - Mar. 13

Trump's ambassador pick says "Canada is a sovereign state"

"Canada is a sovereign state, yes," Pete Hoekstra said during his confirmation hearing Thursday.

CBS News - Mar. 13

Women's sports firm Monarch Collective ups fund size to $250 million

Monarch investors Melinda French Gates’ Pivotal Ventures and Hello Sunshine CEO Sarah Harden recently upped their funding.

CNBC - Mar. 13

‘We don’t believe in the velvet rope:' One money manager is giving retail investors access to private credit. But is it worth it?

The exchange-traded fund industry is looking to give retail investors more access to alternative investments including private credit.

CNBC - Mar. 8

Latest in Indonesia names billionaire investor Ray Dalio as sovereign wealth fund adviser

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