Investments and Pensions Europe (April 1)
“Dutch pension funds were net sellers of US assets last year, reallocating capital towards Europe, according to figures from regulator DNB. On balance, funds sold €30bn of US equities and bonds, while purchasing €23bn of European securities.”
Tags: €30bn, Assets, Bonds, Capital, Dutch, Equities, Europe, Net sellers, Pension funds, Reallocating, Regulator, Securities, U.S.
Institutional Investor (December 16)
“The Middle East is emerging as a global leader in tokenized finance, driven by purpose-built regulation and deep pools of capital. The UAE and Saudi Arabia made tokenization a priority with frameworks designed from the start…. For the region to lead, regulatory interoperability will be key. While the Gulf has built progressive rules, it must now ensure those frameworks align internally and connect cleanly with major global centers.”
Tags: Align, Capital, Connect, Emerging, Finance, Frameworks, Global leader, Interoperability, Middle East, Purpose-built regulation, Saudi Arabia, Tokenization, UAE
Washington Post (December 2)
Results have been “predictable” in Iran where “markets were subordinated to ideology, which meant the farming had to occur no matter what.” Now, “reservoirs around Tehran are at dangerously low levels. Water rationing is in effect. Iran’s president has even said the country’s capital city will need to move. And the government still cannot abide a market price for water.”
Tags: Capital, Farming, Government, Ideology, Iran, Market price, Markets, Predictable, Reservoirs, Results, Subordinated, Tehran, Water rationing
Traders Magazine (April 10)
“The push toward 24-hour trading…. is now becoming more pronounced, as major exchanges and trading platforms adapt to the evolving needs of global markets.” Gaining momentum, the transition is driven by “the influx of capital from international markets.” Major exchanges—including the NYSE, NASDAQ, and CBOE—now recognize “the value in extending their market hours.”
Tags: 24-hour trading, Capital, CBOE, Evolving needs, Exchanges, Global markets, Influx, Major exchanges, Markets, Momentum, Nasdaq, NYSE, Trading platforms, Transition
New York Times (December 13)
Venture capital (VC) stands at a cross roads as firms adopt opposing paths. The “industry that funds and fosters American innovation” is undergoing “a profound debate” about its future. Some funds are remaining true to the lean, traditional VC model of infusing capital and not much else. Others are adopting a “bigger-is-better” approach in the belief that “even more money is needed to solve society’s thorniest problems with innovation. Small funds, they scoff, can back only small ideas.”
Tags: Bigger-is-better, Capital, Debate, Future, Innovation, Lean, Money, Society, Thorniest problems, Traditional, U.S., Venture-capital
Institutional Investor (August 23)
“Proponents and critics of ESG claim it can change society. Both will be disappointed.” During the past five years, ESG investing has taken off. “By the end of 2022, global ESG funds had attracted more than $2.5 trillion in assets.” Regardless of this clout and “whether or not asset managers are ‘woke,’ ESG doesn’t hurt oil companies or provide capital for solutions to avoid the worst impacts of climate change.”
Tags: $2.5 trillion, Asset managers, Assets, Capital, Change, Climate change, Critics, Disappointed, ESG investing, Impacts, Oil companies, Proponents, Society, Woke
Seeking Alpha (January 22)
“For 2022, the hedge fund industry experienced the largest net asset outflow in six years as investors steered clear of active managers against a backdrop of exceptionally volatile and depreciating markets.” Capital outflows exceeded $55 billion, still considerably short of the $70 billion withdrawn in 2016.
Tags: $55 billion, 2022, Active managers, Capital, Depreciating, Hedge-fund, Investors, Markets, Net asset, Outflow, Volatile
Reuters (January 20)
“The end of a long battle to wring some value from Toshiba is finally within reach.” Foreign investors and private equity are unlikely to be encouraged. The process “typifies the tortuous journey required of pushy shareholders to get Japanese executives to allocate capital more shrewdly.”
Tags: Allocate, Battle, Capital, Encouraged, Executives, Foreign investors, Japan, Private equity, Pushy, Shareholders, Tortuous, Toshiba, Value
Seeking Alpha (January 17)
America has become “an attractive sponge to absorb capital from everywhere. As a result, the US stock market capitalization currently represents 61% of the global stock market capitalization, despite the fact that US GDP is only 23% of global GDP.” US equities also “now represent about 200% of US GDP, which is an all-time high.”
Tags: Absorb, Attractive, Capital, Capitalization, Equities, GDP, Global, Sponge, Stock market, U.S.
Financial Times (May 28)
ExxonMobil’s annual general meeting should be “a wake-up call for other executives with a bunker mentality.” Engine No 1, an obscure hedge fund, got shareholders to elect two directors by focusing on economics, not ethics, arguing that “Exxon has been so slow to recognize the need for a transition away from fossil fuel that its revenues will crumble, destroying investor capital.” Today’s activists “are not just trying to save the world; they are also trying to save their own portfolios in a world where regulators are enforcing green standards.”
Tags: Activists, AGM, Bunker mentality, Capital, Directors, Economics, Engine No 1, Ethics, ExxonMobil, Fossil fuel, Hedge-fund, Investor, Portfolios, Revenues, Shareholders, Transition, Wake-up
