Author: Jordan

Where are asset owners getting private capital? Grant Johnsey, Head of Market Solutions, Banking & Markets, Americas at Northern Trust, acknowledged private equity remains a major draw for Canadian pensions, though the way they access it has shifted. For example, Canada’s Maple Eight funds appear to favour co-investments and direct deals over buying into traditional fund structures, a trend Johnsey noted is playing out on the private credit side just as it has in private equity. Source link

Castle Trust Bank has reduced rates across its TermTen buy-to-let range, with the new pricing available on cases completing by the end of August. The lender has announced a series of rate reductions across both its bridging and buy-to-let propositions, with the latest changes placing particular emphasis on supporting property investors expanding or refinancing their portfolios. Within the TermTen buy-to-let range, standard investment properties are now available from 5.69% up to 70% gross LTV, while rates from 5.74% are available up to 75% net, or 77% gross, LTV. For larger HMO investments of up to 15 units, rates now start…

We’ve launched a new weekly video series to accompany Morning Coffee, in which we look at one story in more depth to give you the full picture.Working in hedge funds usually involves working under a larger-than-life personality. Many of the top multistrats have that kind of character at the helm, and Citadel is no exception. A recent profile from The New Yorker looked to dive deep into what makes Griffin, and thus Citadel, so successful.The New Yorker’s portrayal is warts-and-all. We look at the juiciest bits, and some of our own prior reporting, in the video below.Have a confidential story,…

Fresh on the release of OffShoot Reports, Hedge is back with another update for OffShoot, the industry’s “de facto standard” for creating copies, backups, and archives of media, according to the company.This update is most notable for those who currently own and work with OWC media cards, as this collection of quality-of-life improvements will include the ability for OffShoot to keep your cards’ firmware up to date.Let’s take a quick look at Offshoot 26.2 and what this update has to offer, with some big, some small, but all mostly relevant to filmmakers and video professionals’ workflow updates. OffShoot 26.2 Update…

Specialist buy-to-let lender, Zephyr Homeloans, has announced that it has reduced buy-to-let rates by 15bps across its fixed-rate mortgage range. Following the changes, the lender’s two-year fixed rates now start from 2.99%, while five-year fixed rates start from 4.69%. The revised pricing applies across Zephyr’s entire buy-to-let product range and is now available through the lender’s website and mortgage sourcing systems. Brokers can choose from a range of product fee options to suit different borrower requirements. While the headline rates are available with a 7% product fee, alternative fee structures are available, including products with no fee. The…

Germany’s financial watchdog removes three Berenberg bosses Financial Times Source link

Modine Manufacturing (MOD) Advanced Following Cyclical Segment Exit Insider Monkey Source link

David LePoidevin, lead portfolio manager at LePoidevin Group at CG Wealth Management, joins BNN Bloomberg to discuss the outlook on the markets. Signs of weakening consumer demand, rising mortgage-payment burdens and elevated equity valuations are strengthening the case for defensive investment strategies. Inflation-protected bonds may offer attractive long-term returns as investors navigate economic uncertainty and geopolitical risks.BNN Bloomberg spoke with David LePoidevin, senior portfolio manager at Canaccord Genuity Corp., about the impact of Middle East developments on oil prices, Canada’s latest retail sales data, risks in the housing and banking sectors, and why Treasury Inflation-Protected Securities remain his highest-conviction investment…

With SpaceX jumping over 10% post-IPO to a valuation above $2.8t and pulling attention away from other megacap tech stocks, many investors are taking a fresh look at cyclical sector stocks linked to the broader economy. At the same time, a new Federal Reserve Chair, potential shifts in interest rates, and headlines around a possible U.S.-Iran peace deal are all feeding into this rotation. This article highlights 3 stocks from the Cyclical Sector Stocks screener that appear positively exposed to these developments and is intended to help you decide which opportunities might deserve a closer look now. Hitachi Energy India…

‘Human capital’ is the term of the moment as AI takes over the corporate world. Standard Chartered CEO Bill Winters said his bank was getting rid of “low value” human capital with the help of AI while Microsoft CEO Satya Nadella said firms need to balance human and token capital. The term is not new to finance; Goldman Sachs and hedge fund D.E. Shaw have been building out human capital teams for years, but AI is changing things there too.💥Follow us on WhatsApp for news alerts.💥D.E. Shaw is currently hiring for an AI specialist to be “an early member of…