Author: Jordan

Up to now, federal regulation has largely kept the riskiest kinds of investments out of your 401(k). That could be about to change.  Last August, President Trump issued an executive order titled “Democratizing access to alternative assets for 401(k) investors.” To implement his order, the U.S. Department of Labor announced a proposed rule change March 30, and took public comment on it through June 1. The overwhelming majority of the 47,103 comments received were opposed to the rule change. But now that the department has satisfied that notice-and-comment requirement, it could finalize the rule in the coming months.  The change…

Bombay Stock Exchange building (ANI)Mumbai: Benchmark indices Sensex and Nifty surged in early trade on Friday amid a rally in IT stocks and a softer-than-expected US jobs data tempering expectations of near-term monetary tightening by the Federal Reserve. The 30-share BSE Sensex jumped 545.89 points to 78,048.01 during initial trade. The 50-share NSE Nifty surged 173.85 points to 24,346.90.From the Sensex pack, HCL Tech, Bajaj Finserv, Tata Steel, Tech Mahindra, Bharat Electronics and Tata Consultancy Services were among the major winners. Mahindra & Mahindra, State Bank of India, NTPC and InterGlobe Aviation were among the laggards. In Asian markets, South…

MLT Aikins is pleased to announce the addition of Dan Cerchia and Andrew Kuzma to the MLT Aikins Calgary office, joining as counsel. Dan Cerchia Dan’s practice focuses on capital markets, private equity and complex transactional matters, including investment-grade and high-yield debt offerings, equity offerings, liability management transactions, mergers and acquisitions, project financings and joint ventures, primarily in the energy, infrastructure and communications sectors. In addition to his transactional work, Dan routinely advises on ongoing governance and continuous disclosure matters. His practice is informed by international experience at a London-based Magic Circle firm where he focused on leveraged finance, including…

Average rents in England increased sharply in June, with annual rental inflation reaching its highest level in nearly two years, according to data from Goodlord. The rise coincides with the implementation of the Renters’ Rights Act, which restricts how frequently landlords can increase rents during tenancies. The Goodlord Rental Index shows the average monthly rent for a new tenancy reached £1,309 in June, up 6.5% from £1,229 a year earlier. The figure also represents an 8.1% increase on May’s average rent of £1,211. The annual increase marks a significant shift from April and May, when year-on-year rental inflation stood at…

BEIJING – Quant funds in China have become so popular that they are being deluged with investors’ money. Ubiquant, one of the top players, raised 2.6 billion yuan (S$495 million) in less than two hours for a new fund in May, according to people familiar with the matter.Investors also snapped up over 100 million yuan of a product from Shenzhen ChengQi Asset Management within seconds, a product distributor said.They are not alone. Quants’ assets under management have more than doubled in less than a year to more than 2.6 trillion yuan. The frenzy is being fuelled by the success of their…

An increasing number of lenders are offering home loan cashbacks worth thousands of dollars. We’ve rounded up the biggest deals here. Most cashbacks are for refinancers, but some are for other borrowers too. What’s next: Home loan cashbacks are great, but make sure you compare interest rates and fees too. 1. IMB – get up to $4,000 cashbackIMB is offering up to $4,000 cashback for both refinancers and new purchasers. The cashback amount depends on your loan size, and you’ll need a loan-to-value ratio of 80% or lower:$250,000–$499,999 = $2,000 cashback$500,000–$749,999 = $3,000 cashback$750,000 and over = $4,000 cashbackThis is…

Commercial deals captured 50.7% of first-half investment volumes.Singapore’s real estate investment market is expected to surpass pre-pandemic levels in 2026, after investment volumes reached $35.2b in the first half (H1), according to a Cushman & Wakefield report.The firm said H1 volumes are on track to exceed the 2017 level of $36.8b, supported by declining interest rates, limited supply, and resilient occupier demand.Moreover, easing financing costs and healthy leasing fundamentals are expected to drive investment and market expansion amidst geopolitical developments, said Wong Xian Yang, Head of Research, Singapore & Southeast Asia, Cushman & Wakefield. Commercial investment sales accounted for 50.7% of…

The lender’s lowest rates now start at 3.74%. LendInvest Mortgages has cut rates by 0.10% across its 2 and 5-year fixed rate buy-to-let (BTL) products. The lender’s lowest rates now start at 3.74%. These rate reductions come as the lender recently announced the launch of a suite of semi-commercial BTL products, allowing professional property investors to further diversify their property portfolios through these mixed-use properties. Rod McPherson, head of distribution at LendInvest, said: “We’re really pleased to give our brokers and their clients some extra financial headroom with this 10bps rate cut. “As the UK property market finds its stride and…

The two asset types supported borrowing through different mechanisms, He finds. Tangible assets were more closely associated with asset-based borrowing, in which loans are secured by collateral that creditors could potentially liquidate if the borrower were to default. A key factor in this type of lending is redeployability, or whether an asset can be transferred to another user without losing much value. Intangible assets, by contrast, were mainly associated with cash flow–based borrowing. Because these assets are difficult to pledge or resell, lenders instead rely on the company’s ability to generate stable operating cash flows over time. Intangibles that can…

per ounce resets quickly, but many costs (labor, fuel, equipment, and site overheads) adjust more slowly, so margins can widen fast. That’s why shares in smaller producers like Catalyst Metals and Genesis Minerals jumped 11.9% and 10.8%, while larger Northern Star Resources gained up to 7.9%. Not everything joined the party: iron ore names weighed after news tied to Fortescue’s portside products in China, and Suncorp fell as much as 5.1% after trimming its forecast for gross written premium growth, a key measure of how quickly an insurer is expanding its book of policies. Why should I care? For markets:…