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Goldman Sachs eyes Gulf opportunities for wealthy clients
NEWS INDUSTRY NEWS MAY 14, 2024
Goldman Sachs eyes Gulf opportunities for wealthy clients

Wall Street firm plans to launch new strategies focused on the region.

US IPOs to pause after raising $1B in five weeks
NEWS INDUSTRY NEWS MAY 14, 2024
US IPOs to pause after raising $1B in five weeks

The rest of the year may see a stream rather than a tidal wave.

In just five months, junk muni fund zooms from zero to $1B
INVESTING FIXED INCOME MAY 13, 2024
In just five months, junk muni fund zooms from zero to $1B

The growth of the strategy, helmed by multi-decade industry veteran and “king” of high-yield muni bonds, reflects a market-wide hunger.

GameStop surge leaves short sellers with a $1.4B burn
INVESTING ALTERNATIVES MAY 13, 2024
GameStop surge leaves short sellers with a $1.4B burn

Skeptics betting against the popular meme stock were hit with massive paper losses as the company’s share price roughly tripled this month.

Inflation remains a big risk for the Fed, globally
NEWS INDUSTRY NEWS MAY 13, 2024
Inflation remains a big risk for the Fed, globally

Headline stats may show cooling but underlying data is key.

Bond traders await CPI data following jobs report
NEWS INDUSTRY NEWS MAY 13, 2024
Bond traders await CPI data following jobs report

Rally or rout could be ahead this week.

Goldman strategists are warning over certain tech stocks
NEWS INDUSTRY NEWS MAY 13, 2024
Goldman strategists are warning over certain tech stocks

Some companies that have yet to be profitable could risk insolvency.

Traders hold firm on EM currency debt despite Fed
NEWS INDUSTRY NEWS MAY 13, 2024
Traders hold firm on EM currency debt despite Fed

Higher-for-longer rates impact bet, but money managers remain upbeat.

Quant King Jim Simons passes away at 86
NEWS INDUSTRY NEWS MAY 10, 2024
Quant King Jim Simons passes away at 86

The former code breaker and mathematician-investor behind the secretive hedge fund Renaissance Technologies leaves behind an indelible legacy.

BofA, Barclays strategists split on muni bond rally odds
INVESTING FIXED INCOME MAY 10, 2024
BofA, Barclays strategists split on muni bond rally odds

Two of the biggest players in the $4T space offered contrasting views on what the summer will bring for investors.