Studios Funds Tactical

Fund managers to warn FCA over US activist’s plans to shake up UK trusts

Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boards

Financial Times - Jan. 9

Anthropic in Talks for $2 Billion Funding Round

The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.

The New York Times - Jan. 8

U.S. Funding Dispute With World Anti-Doping Agency Boils Over

After the Biden administration withheld funding to the agency, saying it had lost confidence in its ability to police elite athletes, WADA removed the United States from its board.

The New York Times - Jan. 8

Taxpayer Advocate urges Congress to preserve IRS funding for service, technology

The National Taxpayer Advocate has urged Congress to preserve IRS funding for taxpayer service and technology amid Republican scrutiny.

CNBC - Jan. 8

World Anti-Doping Agency faces crisis after US government withholds funding

US Anti Doping Agency says move ‘protects athletes’ Wada retaliates by barring US from key committees The World Anti-Doping Agency (Wada) is facing a crisis after the US government defaulted on ...

The Guardian - Jan. 8

Warner Bros. shakes up studio leadership amid film underperformance

The move comes as the Warner film studio faces pressure to increase its profitability. The exiting executives, Josh Goldstine and Andrew Cripps, were not in charge of picking movies.

Los Angeles Times - Jan. 8

Universal Studios Hollywood, longtime Malibu restaurants and other L.A.-area business affected by the fires

Universal Studios Hollywood theme park and CityWalk will be closed Wednesday due to the fires and extreme wind conditions.

Los Angeles Times - Jan. 8

Ubisoft Responds To Accusations Of Abuse At Assassin's Creed Shadows Support Studio

This story includes content some readers may find disturbing. Former employees of Brandoville Studios--an Indonesian support studio that worked on Assassin's Creed Shadows before closing its ...

GameSpot - Jan. 8

Active mutual funds struggle to beat large-cap stock benchmarks — again

Professional stock pickers in the mutual-fund industry had a tough time in 2024 beating indexes that passively track U.S. large-cap equities, according to BofA Global Research.

MarketWatch - Jan. 8

AI Startup Anthropic Raising Funds Valuing It at $60 Billion

The Amazon-backed OpenAI rival was valued at $18 billion last year.

The Wall Street Journal - Jan. 7

Johnson says no cuts to Social Security and Medicare to fund Trump's agenda

House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.

ABC News - Jan. 7

Anthropic in talks to raise funding at $60 billion valuation

AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.

CNBC - Jan. 7

New League Of Legends Cinematic From Arcane Studio Continues Show's Story

A new League of Legends cinematic from Arcane animation studio Fortiche sets up the story to come in the game's first season of 2025, and serves in many ways as a continuation of some of the plot ...

GameSpot - Jan. 7

Hims & Hers donates $1 million to Trump's inauguration fund

OpenAI CEO Sam Altman and Meta both announced $1 million donations, and Amazon and Apple CEO Tim Cook have also reportedly contributed.

CNBC - Jan. 7

This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.

Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.

MarketWatch - Jan. 7

Trump backtracks from 'one big, beautiful bill' to fund his agenda

After nearly derailing a spending bill last month, Trump continues to shake up business on Capitol Hill, shifting positions on how Republicans should fund his policies.

ABC News - Jan. 6

Target-date funds — the most popular 401(k) plan investment — don't work for everyone

Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.

CNBC - Jan. 6

Nicolas Sarkozy goes on trial accused of receiving illegal funding from Gaddafi

Former French president alleged to have received millions of euros from Libyan dictator’s regime to fund campaign. Nicolas Sarkozy has gone on trial over allegations he received millions of euros ...

The Guardian - Jan. 6

FirstFT: Private equity to lobby Trump as industry seeks to tap retirement funds

Also in today’s newsletter, China’s equity markets extend poor start to the year and accountancy’s Gen Z problem

Financial Times - Jan. 6

France's former President Sarkozy standing trial over alleged campaign funding by Libya's Gadhafi

France’s former President Nicolas Sarkozy goes on trial Monday over alleged illegal financing of his 2007 presidential campaign by the government of late Libyan leader Moammar Gadhafi

ABC News - Jan. 6

Private equity to lobby Trump for access to savers’ retirement funds

Industry hopes incoming administration will open long-restricted private investments to individual investors

Financial Times - Jan. 6

ATF head warns that the Trump administration's funding cut plans could risk lives

Steve Dettelbach, the director of the Bureau of Alcohol, Tobacco, Firearms and Explosives, warned that President-elect Donald Trump's plans to reduce funding for the agency could risk lives. Scott ...

CBS News - Jan. 4

100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.

An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.

MarketWatch - Jan. 4

Do stock holdings reflect individual risk preferences or the growing use of target-date funds?

I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.

MarketWatch - Jan. 4

How Hybrid Tactics Targeted NATO Allies in 2024: Drones, Exploding Parcels, Sabotage

Russia and other hostile states have become increasingly brazen in adopting “gray zone” attacks against Europe and the United States, leaving defense officials with a dilemma: How to respond?

The New York Times - Jan. 4

Baerbock: EU will not fund the Islamization of Syria

Yahoo News - Jan. 4

Streeting to unveil extra funding for English hospitals that cut waiting times fastest

Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’

Financial Times - Jan. 4

Helping boomers spend their retirement funds is harder than it sounds

Worries about running out of money makes people frugal and wary of taking any big pension decisions

Financial Times - Jan. 3

These tips for investing in mutual funds and ETFs can make 2025 a happy new year

Don’t miss these top money and investing features.

MarketWatch - Jan. 3

Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024

The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.

CNBC - Jan. 2

Hedge funds Citadel and Millennium gain 15% in 2024

Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industry

Financial Times - Jan. 2

Hi-Fi Rush Studio Officially Reborn At PUBG Company

Tango Gameworks is dead; long live Tango Gameworks Inc. That's the new "reborn" name of the Hi-Fi Rush studio, which is now officially a part of PUBG publisher Krafton Inc. Tango began last year ...

GameSpot - Jan. 2

Helldivers 2 Studio Working On Next Game, Reveals Concepts That Never Materialized

Helldivers 2 was one of 2024's biggest games, and while support remains ongoing, many are wondering what developer Arrowhead Studios might make next. We still don't know, but COO Johan Pilestedt ...