Author: Jordan

NextDecade Corporation has appointed John Zuklic as chief financial officer, bringing a veteran energy industry executive to its leadership team as the company advances the development and construction of its Rio Grande LNG export project in South Texas. Zuklic will assume the role on July 6, succeeding interim CFO Mike Mott, who will return to his previous position as senior vice president of enterprise transformation. The appointment comes at a critical stage for NextDecade as it transitions from a project development company into an LNG operator, overseeing one of the largest liquefied natural gas infrastructure projects currently under construction in…

Steve Cohen’s $50.7 billion hedge fund has continued its strong run of returns with a 2% gain in May, a person close to the firm tells Business Insider.That gain puts Cohen’s firm at 10.5% for the year, following a 17.5% gain in 2025, when the manager outperformed its main rivals in the multistrategy space, namely Millennium and Citadel.May was generally good for big-name managers, people close to the firms told Business Insider. Millennium was up 2.4%, pushing its 2026 gains to 6.1%. Balyasny is now positive for the year thanks to a 1.4% gain last month. Still, funds struggled to…

Manappuram Finance Provides Strong Guidance for Gold Loan Growth in FY27 scanx.trade Source link

Categorised: Crypto, The Stream | Tags: Arca, Clarity Act, Galaxy Digital, institution, OTC, prediction marketsPosted by Colin Lambert. Last updated: June 4, 2026 Tapping into the current hot topic, Galaxy Digital says it has opened an OTC prediction markets offering, targeting hedge funds, family offices and other institutional clients. The firm says the service, which will offer non-sports event contracts traded on Kalshi and Polymarket, enables institutions to access prediction market liquidity “at sizes and with a level of discretion not available through retail interfaces”. The firm says it has plans to expand the offering to other platforms, and is…

BlackRock’s Investment Institute is keeping its chips on the table for US equities, reaffirming an overweight tactical position it has held since at least December 2024. The rationale boils down to two forces: artificial intelligence spending that’s accelerating faster than most forecasters anticipated, and corporate earnings that refuse to buckle under geopolitical pressure. The firm plans to revisit its tactical views at its upcoming Midyear Investment Forum, with an updated Midyear Outlook expected on June 30, 2026. AI spending is doing the heavy lifting Hyperscalers, the mega-cap cloud and tech companies pouring money into AI infrastructure, are projected to spend…

12:01 AM, 4th June 2026, 23 seconds ago Landlords are placing greater weight on certainty from lenders as rate movements, product withdrawals and shifting mortgage conditions continue to affect their buy to let decisions. Landbay’s latest landlord survey found more than 80% of respondents now view the BTL market as unstable or unpredictable. It found that 55.6% of landlords describe conditions as ‘somewhat unpredictable’ and 26.3% describing them as ‘highly volatile’. The lender said the findings reflected disruption in March and April, particularly around rates and product availability, although landlords are still seeking funding and advice. Landlords want BTL consistency…

KUALA LUMPUR: MBSB Bhd’s unit Malaysian Industrial Development Finance Bhd (MIDF) has approved its first financing facility under the World Intellectual Property Organization (WIPO)-MIDF Intellectual Property (IP)-Backed Financing Pilot Programme, establishing IP as a recognised form of collateral and security interest.In a statement today, MBSB said the inaugural recipient, a Malaysian small and medium enterprise (SME), secured the facility by leveraging its IP assets as a core component of the credit evaluation and security package. “The transaction utilised specialised methodologies for IP identification, valuation, and risk assessment developed under the pilot framework,” it said.MBSB said the pilot programme, initiated following a memorandum of…

About Jonathan Jackson Jonathan Jackson is an experienced writer and editor. Over the past 20 years, he has worked in print and digital media across several business and finance titles amd is currently the Australian news editor at Proactive Investors covering the latest news for ASX listed companies as well as current financial trends. He was previously managing editor with Business First magazine, Wealth Creator Magazine and StocksDigital. Jonathan has interviewed some of the world’s top CEOs and covered… Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance…

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People using Barclays Direct Investing will no longer pay a monthly customer fee, the bank has announced. Barclays said its research indicates low fees and charges are the most important factor when choosing an investment service. Barclays Direct Investing customers previously paid 0.25% on balances up to £200,000 and 0.05% above that level. With the fee removed, someone with a £50,000 portfolio would save an annual charge of £125. The bank said there is no fee for buying or selling funds with Barclays Direct Investing but an ongoing charge is levied by the fund manager, and the £6 fee to…