Author: Jordan

Gold loan balances now account for 11.1% of India’s retail credit portfolio, up from 5.9% in March 2022Origination value has risen 5.1x since Q1 2022 and average ticket size has more than doubled from ₹90,000 to ₹1.96 lakhPrime and above prime borrowers now account for around 52% of originations and women for 39%, highlighting a broader and stronger borrower base in the gold loan marketMumbai, India, 14 April, 2026: Gold loans have grown rapidly to become India’s second-largest retail credit product by balance share1. According to TransUnion CIBIL’s Gold Loan Landscape Report, gold loan balances have grown 3.8x since March…

Daiwa Comments on Tuesday’s Eurozone Government Bonds, U.K. Gilts marketscreener.com Source link

Chorley Building Society has launched new fixed rate buy-to-let (BTL) mortgage products and simplified its holiday let range.  All BTL lending, including limited company, first time landlord and holiday lets, is now available on the same product and interest rate.  The updated range includes a fixed rate at 60% loan-to-value (LTV) at 5.39% until 30th June 2028, a fixed rate at 80% LTV at 6.29% until 30th June 2028, and a 2-year discount at 60% LTV at 4.49%. Shane Dye (pictured), senior BDM at Chorley Building Society, said: “We value all the feedback we receive from our brokers.  “We are…

David Einhorn, President at Greenlight Capital, speaking at the 14th CNBC Delivering Alpha Investor Summit in New York City on Nov. 13, 2024.Adam Jeffery | CNBCHedge fund manager David Einhorn said he is focusing on capital protection as markets rally on geopolitical optimism, warning that investors may be underestimating potential downside risks.”It probably won’t surprise anyone that we are again putting capital preservation at the top of our priorities,” Einhorn said in his latest investor letter dated Monday and obtained by CNBC. “With so little downside priced in, we are willing to risk missing out on a possible recovery to…

New Jersey-based Solar Landscape has secured a US$117m preferred tax equity investment from Nuveen Energy Infrastructure Credit. Nuveen’s commitment will be augmented with an expected US$120m of tax credit transfer proceeds to support construction and operation of a 145MW portfolio of community solar assets. The projects will be installed on commercial and industrial rooftops across Maryland, Illinois, New Jersey and Minnesota.The investment will span two years of capital deployment for a subset of Solar Landscape’s project execution and was structured to simplify the monetisation of tax credits. It eliminates the need for traditional tax equity financing and enables Solar Landscape…

Two Trades for Today: A private power player for a rise of 7.55%, a mid-cap capital goods stock for an alm The Economic Times Source link

The gap between bottom- and top-quartile alternative investment managers is wide, causing endowments and foundations with similar asset class allocations to different managers to achieve different returns, emphasizing the importance of prudent manager selection, according to “The Implementation Gap,” a white paper from OCIO Analytics.Return dispersion—the spread between the 5th and 95th percentiles of returns across institutions, which had stayed lower than 10% from 2016 through 2018—has been elevated since the pandemic, peaking at 24.5% in the first quarter of 2021 and remaining greater than 10% for every quarter since except one.A cause of this dispersion, according to the paper,…

NVIDIA today announced that it is bundling “Pragmata,” the new Sci-Fi action adventure game, with new purchases of GeForce RTX 50-series “Blackwell” graphics cards from its various add-in card partners, new notebooks with RTX 50-series gaming GPUs, and pre-built desktops with RTX 50-series graphics cards. From a technical standpoint, “Pragmata” is a pioneering game as it is the first to implement path-tracing with Neural Rendering for more visual realism. It also implements DLSS 4 upscaling, and multi-frame generation. The giveaway is available to select markets, select brands, and through participating retailers. The offer is limited to one Steam code per…

Paragon Bank has launched a new range of limited edition five-year fixed-rate buy-to-let mortgages and brought back an 80% loan-to-value option as lenders continue to refine their landlord propositions. The specialist lender has introduced six limited edition five-year fixed products available at up to 70% loan-to-value, split between three products for loans up to £1 million and three for loans above £1 million up to £4 million, depending on loan-to-value and portfolio size. All carry a flat fee of £3,995. Rates for products with maximum loans of up to £1 million start at 5.67% for single self-contained properties with EPC…

New TPN report reveals an escalation ceiling in the commercial tenant sector | Oudtshoorn Courant …