Author: Jordan

Alts take the lead Alternatives have now surpassed public US equity as the single largest allocation in endowment and foundation portfolios, representing 36% of assets under management compared to 27% for domestic stocks. But the build-out phase appears largely complete. Fewer organizations plan to increase alternatives exposure over the next 12 months, and the proportion planning to reduce allocations has more than doubled since 2023. “The survey results indicate that endowments and foundations are entering a new phase of portfolio management, where liquidity, spending discipline and governance are just as important as long-term returns,” said Jeremy France, head of Institutional…

The Way Back. Join our community exploring how Britain can rebuild its future in EuropeJoin the debate with our pro-Europe newsletterJoin the debate with our pro-Europe newsletterThe government is taking another look at its defence investment plan, The Independent understands, after John Healey dramatically resigned earlier this week, accusing the prime minister of being “unwilling to commit the resources” needed to keep Britain safe.It came after cabinet minister Lisa Nandy suggested that more money would be allocated for defence, saying she did not believe Mr Healey’s replacement Dan Jarvis “would have taken the job were he not confident that we…

Paragon’s gross buy-to-let (BTL) mortgage lending fell by 4.7% year-on-year to £773.7m in the six months ending 31 March. The bank said this decline was partly caused by borrowers’ nervousness about the potential impact of the November 2025 UK budget on their businesses. Its closing mortgage pipeline at the end of the period, however, was 8.6% higher than the year before at £718.9m. Over the six-month period, the mortgage loan book increased 2.9% year-on-year to £14.1bn. Paragon has revised down its 2026 expectations for mortgage lending from a range of between £1.5bn to £1.7bn to the lower end of…

ANI | Updated: Jun 09, 2026 16:28 IST NewsVoirMumbai (Maharashtra) [India], June 9: India’s households collectively hold an estimated 25,000 tonnes of gold, one of the largest private gold reserves in the world. Yet when a financial need arises, most owners have no clear sense of what that gold can unlock. They walk into a branch not knowing whether their jewellery qualifies for Rs. 50,000 or Rs. 5 lakh.Bajaj Finance’s gold loan calculator is designed to change that. It gives borrowers a verified, methodology-backed loan estimate before they pledge a single gram — removing the guesswork from one of India’s…

Triple Flag Precious Metals announced that its wholly owned subsidiary, Triple Flag International, has entered into an agreement to acquire a gold stream on the producing Ravenswood Gold Mine in Queensland, Australia for $440 million in upfront cash consideration. The transaction gives Triple Flag the right to purchase 5.5% of payable gold from the mine, with the stream percentage declining after certain delivery thresholds are reached. The company will make ongoing payments equal to 10% of the spot gold price for each ounce delivered until 194,200 ounces have been delivered, and 20% thereafter. Triple Flag said the acquisition adds immediate…

The Mortgage Works is cutting rates by up to 0.20 percentage points on selected two and five-year fixed rate products for new and existing customers across its limited company buy-to-let range. The new rates will be effective from tomorrow, Thursday 26 February. New business limited company buy-to-let rates include: Two-year fixed rate (purchase, remortgage and further advance) at 3.74% (reduced by 0.20%) with a 3% fee, available up to 75% LTV with free valuation. Two-year fixed rate (purchase, remortgage and further advance) at 4.74% (reduced by 0.15%) with a £1,495 fee, available up to 75% LTV with free valuation. Five-year…

Key Takeaways Americans ages 65–74 have a median net worth of $410,000, the highest of any age group.About 76% own a home and 51% have a retirement account, making home equity and savings the biggest drivers of wealth at this stage.Debt is less common but still present, with roughly 65% carrying some debt and about a third holding a credit card balance. Get personalized, AI-powered answers built on 27+ years of trusted expertise. How Wealthy Are Americans Ages 65–74? Americans ages 65–74 are typically in retirement or just a few years removed from full-time work, making this a key moment…

Gold prices are expected to remain range-bound in the coming week as investors track major central bank meetings, developments in US-Iran negotiations and movements in crude oil prices, analysts told news agency PTI.Market participants will closely monitor policy decisions by the Bank of Japan, the US Federal Reserve and the Bank of England, along with inflation readings from the UK, the Eurozone, Germany and Japan for clues on the global interest-rate outlook.Analysts said the fate of the proposed US-Iran agreement will remain one of the most important drivers for bullion markets.”A close eye will remain on the finalisation of the…

If you’re thinking about getting a HELOC but have decided to hold off until rates move lower, you could find that what you’ve waited for all along is higher interest rates. According to the CME Group’s FedWatch tool, the probability that the Fed will raise rates grows with each meeting throughout this year. The probability of a June increase is 0%. But look ahead two meetings: the probability rises to 26.5% in September and finally to 41.6% by December. Learn more: How Fed rate decisions affect your money Find out how HELOC and home equity loan interest rates work and…

Key Takeaways In stark contrast to trends observed for homeowners under age 65, mortgage use among homeowners age 65-plus has risen steadily in recent years. Between 2000 and 2022, mortgage use by homeowners age 65-plus rose by 28.5 percent. The use of mortgages among older homeowners is rising almost everywhere, but the extent of this rise varies dramatically by state. It is imperative that policymakers and business leaders develop policies and practices that promote an equitable mortgage market that fosters affordable homeownership and economic security for every generation. Contrary to their younger counterparts, American homeowners1 over age 65 are increasingly…