Author: Jordan

Written information about the key terms of the tenancy must be outlined clearlyThe historic Renters’ Rights Act will come into force in May(Image: Joe Giddens/PA Wire)The historic Renters’ Rights Act will come into force in May and help improve the lives of 11 million private renters across England. In March, the government published new official documents explaining tenancy changes, which landlords and agents must give legally to their tenants by May 31 2026.For all new tenancies starting on or after May 1, you must provide written information for your tenant. Certain written information about the key terms of the tenancy…

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The dispute boils down to two words: “anniversary date.”  In April 2024, Michael E Kasaba LLC took out a $399,000 mortgage from Investor Mortgage Finance LLC on a home at 810 Joyce Drive in Port Hueneme, California, with monthly payments of $2,661.26 starting that June. The loan’s Fixed Rate Note laid out a sliding prepayment penalty – 5% if the loan was paid off on or before the first anniversary of the loan, 4% by the second, and so on down to zero after the fifth year. What the note did not do, according to the filing, was define what “anniversary date” actually…

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The Iran war has shaken the world economy by disrupting energy production and shipping, as the key chokepoint, the Strait of Hormuz, remains blockaded. The resulting volatility has raised the possibility of a global recession, the International Monetary Fund warned in a recently released report.Even if the conflict is short-lived, the world will see the damage, per the report. The IMF expects, in the best-case scenario, that global growth will fall to 3.1% this year from 3.4% in 2025. That’s down from the 3.3% the IMF predicted in January, before the war began.As for the pessimist view regarding the closure…

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Robeco Institutional Asset Management B.V. has opened a new $33.8M position in $BRK.A, per a new SEC 13F filing. This disclosure reflects the funds’ holdings for the 03-31-2026 report period. You can see the fund’s full portfolio on Quiver Quantitative, and also track the largest institutional owners of $BRK.A.$BRK.A Hedge Fund ActivityWe have seen 162 institutional investors add shares of $BRK.A stock to their portfolio, and 213 decrease their positions in their most recent quarter.Here are some of the largest recent moves:AUTO-OWNERS INSURANCE CO removed 126,051,433 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $90,522,576,094,620NORTHWESTERN MUTUAL WEALTH…

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MBIA Inc. argued in court that it couldn’t be held accountable for what its subsidiaries did with regard to Puerto Rico’s COFINA bonds.Bloomberg News MBIA Inc. asked the U.S. Court for the District of Connecticut to dismiss a case that Puerto Rico Sales Tax Finance Corp. (COFINA) bondholders filed in February 2025.Processing ContentIf that request is rejected, MBIA asked Judge Sarah Russell to transfer the case to the U.S. District Court for Puerto Rico, where Judge Laura Taylor Swain is handling matters connected to the Puerto Rico debt restructurings. Through their lawyers, MBIA argued Monday the plaintiffs’ claims are barred by…

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A transition away from U.S. dominance is increasingly underpinned by structural changes that favour international equities, says Isabella Giordano of J.P. Morgan Asset Management. She said investors with globally diversified portfolios have reaped the rewards over the past year and a half. “Last year, we saw international equities outperform U.S. equities by about 14%,” she said. “And we’ve seen that outperformance continue into this year as well.” Speaking on the Soundbites podcast, Giordano said three factors — currency, valuations, and sentiment — are creating opportunities in Europe, Australasia and the Far East (EAFE). “It’s valuation setting the stage, sentiment driving…

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BOSTON, April 21, 2026 /PRNewswire/ – Manulife Wealth and Asset Management (Manulife WAM) today announced the formation of a new global Alternative Investments Specialists distribution team, within its Retail distribution channel, focused on delivering institutional-quality global alternative credit, real assets, private equity, and private credit strategies to financial advisors and their high-net-worth clients. The new team is led by Jeffrey Lindenbaum and David Vincent, Co-Heads, Alternatives Intermediary Distribution, both of whom bring deep alternatives expertise and extensive experience partnering with financial advisors. The team will engage directly with financial advisors and wealth planners to support the thoughtful integration of alternative…

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Younger Americans may be taking on long-term credit risk to help deal with rising costs. As credit card debt balances reach record highs, recent FICO data shows that Gen Z is opening credit cards at a higher rate than other generations. They also have among the highest credit card utilization. Amid job loss or reduced income, 48% of Gen Z relied on credit cards to make ends meet, FICO vice president Jenelle Dito recently told Yahoo Finance, and nearly 40% of Gen Z admits to opening credit cards as a financial cushion. But racking up credit card debt balances to…

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