Latest in Hedge Fund Exec
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This age group owns 79% of stocks and equity funds. Why that’s good for bonds.
Bonds should do well in the years ahead, as age demographics are set to play in their favor.Business - MarketWatch - 3 days ago -
Government commission proposes Manhattan Project-style AI funding plan
A U.S. congressional commission proposed a "Manhattan Project-like" initiative for the funding of artificial intelligence (AI) development in a larger push to stay ahead of China's technological ...Politics - The Hill - 4 days ago -
Wrangling over whether to punt government funding to Trump heats up
The debate among Republicans over whether to punt government funding into the new year is heating up, as lawmakers race toward their next shutdown deadline. Speaker Mike Johnson (R-La.) this week ...Politics - The Hill - 3 days ago -
Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.Tech - The Wall Street Journal - 3 days ago -
Chinese managers limited flows to US funds after Trump victory
ChinaAMC and Tianhong restricted subscriptions on expectations of increased investor interestWorld - Financial Times - 2 days ago -
Beware of the ‘Ponzi funds’ that are hiding in plain sight, says strategist
The rise of thematic funds leads to Ponzi-like situations, say researchers.Business - MarketWatch - 2 days ago -
Pope warns the Vatican pension fund needs reform; employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reformsWorld - ABC News - 2 days ago -
Container Store Doesn't See Funding Deal With Beyond Closing
The $40 million deal represented a financial lifeline for the company that has experienced dwindling sales and quarterly losses.Business - The Wall Street Journal - 2 days ago -
These tips for investing in mutual funds and ETFs help build a strong portfolio
Dividends, bitcoin and Beyoncé stir ETF interest.Business - MarketWatch - 2 days ago -
NI Water funding model fit for purpose, says minister
In March, an audit report said there should be a comprehensive expert review of how NI Water was funded and governed.Top stories - BBC News - 2 days ago -
Giannis Antetokounmpo launches venture capital fund for investments in sports and entertainment
Giannis Antetokounmpo is looking for some assists off the court, aiding with investments in early stage startup companiesSports - ABC News - 2 days ago -
Tech boom forces US funds to dump shares to avoid breach of tax rules
Asset managers including Fidelity and T Rowe Price are bumping up against limits on size of large holdingsWorld - Financial Times - October 25 -
Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.Business - CNBC - October 25 -
How a U.S. sovereign wealth fund could help Americans and challenge China’s global influence
Direct investment in long-term international development projects could boost Americans’ well-being for generationsBusiness - MarketWatch - October 26 -
Newsom calls for big boost in funding for California's film and TV tax credit, throwing Hollywood a lifeline
Gov. Gavin Newsom has unveiled plans to increase the cap on California's film and TV tax credit program to $750 million as Hollywood struggles to compete with rivals.Entertainment - Los Angeles Times - October 27 -
Peter Thiel’s Founders Fund leads $500mn fundraising for AI cloud group Crusoe
Deal values infrastructure start-up at $3bn as it benefits from spending surge on generative AIBusiness - Financial Times - October 29 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.Business - MarketWatch - October 29