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BlackRock among holders of embattled China bonds
RIA NEWS AUG 16, 2023
BlackRock among holders of embattled China bonds

Investors fear a missed payment, so which other firms are exposed?

Hedge fund says US hard landing and sell-off frenzy ahead
ALTERNATIVES AUG 16, 2023
Hedge fund says US hard landing and sell-off frenzy ahead

Vantage Point Asset Management says people will be panicking.

Apollo impact investing co-head Marc Becker dies aged 51
RIA NEWS AUG 16, 2023
Apollo impact investing co-head Marc Becker dies aged 51

The private equity firm executive was battling cancer.

SPAC to Nasdaq: deal hands auto tycoon $39B overnight
RIA NEWS AUG 16, 2023
SPAC to Nasdaq: deal hands auto tycoon $39B overnight

But could vulnerability to market swings wipe out fortune just as fast?

UBS to pay $1.4B to settle mortgage-backed securities case
RIA NEWS AUG 15, 2023
UBS to pay $1.4B to settle mortgage-backed securities case

The case is one of the firm's longest-running legal issues, dating back to 2006 and 2007.

US futures track lower as global stocks weaken
RIA NEWS AUG 15, 2023
US futures track lower as global stocks weaken

Inflation concerns and China growth are main concerns.

Big tech in focus for hedge funds in Q2
RIA NEWS AUG 15, 2023
Big tech in focus for hedge funds in Q2

Meta, Microsoft, and Apple were among the top picks for funds.

EMs under pressure give money managers a jolt
RIA NEWS AUG 15, 2023
EMs under pressure give money managers a jolt

Emerging markets are heading for their worst month since February.

UBS reaches $1.44B settlement in DOJ mortgage-bond case
WIREHOUSES AUG 14, 2023
UBS reaches $1.44B settlement in DOJ mortgage-bond case

The case, which dates back to 2006 and 2007, relates to the issuance, underwriting and sale of the securities.

Financial firms hate the term 'ESG' but are sticking with the strategy
REGULATION, LEGAL & COMPLIANCE AUG 14, 2023
Financial firms hate the term 'ESG' but are sticking with the strategy

About two-thirds of respondents to a Bloomberg survey say they'll stop using ESG in conversations with clients but continue to incorporate it in their business.