Author: Jordan

Aberdeen Investments has announced the promotion of Kate McGrath to head of ESG, fixed income, from ESG senior investment manager. In her new role, McGrath will continue to report to Jonathan Mondillo, global head of fixed income at Aberdeen. She will be responsible for ESG oversight across the fixed-income department and sustainability-focused strategies and mandates. She will also be responsible for setting and delivering on the firm’s fixed income ESG strategy and will continue to lead the implementation of ESG processes, tools and frameworks across the fixed income team. McGrath has been part of the Aberdeen team for more than…

The innovative product portfolio is designed to empower small and medium-sized enterprises (SMEs) with smarter, more flexible tools to manage operating expenses, working capital, and day-to-day business payments. First Abu Dhabi Bank (FAB),  the UAE’s global bank and one of the world’s largest and safest financial institutions, announced the launch of its new three-tier SME Commercial Cards Suite in collaboration with Mastercard.  The innovative product portfolio is designed to empower small and medium-sized enterprises (SMEs) with smarter, more flexible tools to manage operating expenses, working capital, and day-to-day business payments. The launch addresses the growing need for SMEs to access…

The planned presence is expected to be established in the coming period, further strengthening Man Group’s engagement with regional investors and its global operating footprintADGM announced on Tuesday that Man Group, a London-listed alternative investment firm with approximately $228.7 billion in total assets under management, is proceeding with its commitment to establish a presence in Abu Dhabi and has submitted its application for a Category 3A license.“Man Group’s decision to establish a presence in Abu Dhabi reflects the strength of our capital markets and the depth of global investor confidence in the UAE’s capital. As Abu Dhabi continues to advance…

The Nasdaq hit a new all-time closing high on Friday, rising again on the back of a strong tech-driven rally. Over the past three years, technology stocks have been the main force behind the broader market’s growth, and the upward trend has continued in 2026.The surge in demand for artificial intelligence (AI) has pushed major tech companies to invest heavily in infrastructure. At the same time, impressive first-quarter results from the so-called “Magnificent Seven” have further fueled the Nasdaq’s rise.Given the ongoing bullish trend, investors may find opportunities in tech funds, such as Fidelity Select Semiconductors Portfolio (FSELX Quick QuoteFSELX…

TULSA, Okla., May 5, 2026 /PRNewswire/ — capSpire, a global technology consulting firm focused on the energy and commodities sectors, today announced the acquisition of Lucido, a technology consulting firm with specialist expertise in capital markets and energy trading technologies. The acquisition brings together capSpire’s global scale and multi-platform experience with Lucido’s deep expertise in derivatives and structured products trading and risk management capabilities, expanding capabilities across asset classes and trading technologies. This marks capSpire’s first acquisition after receiving a growth investment from Falfurrias Management Partners in July 2024. Lucido, founded in 2018, has built a strong reputation delivering advisory,…

MaxxiGo / Shutterstock.comQuick ReadBitcoin reclaimed the Bull Market Support Band, built from its 20-week simple moving average and 21-week exponential moving average, for the first time since November 2025. The band hovers around $79,000, and BTC is now trading above $80,000 after holding above it for the second straight day.Each of the last three times Bitcoin reclaimed this band after a prolonged stay below it was followed by strong rallies, often 50% or more within a few months.The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE.Bitcoin (CRYPTO: BTC) has reclaimed the…

Catherine Delahaye | GettyThere’s a shift going on with credit scores in the homebuying process that consumers may want to be aware of.Mortgage lenders are now permitted to use a credit score called VantageScore 4.0 as part of their underwriting process instead of a “classic” FICO score, which has been the only approved score for decades, government officials announced April 22. At some point in the coming months, another alternative score, FICO 10T, will also be permitted.The change applies to mortgages sold to Fannie Mae and Freddie Mac, government-sponsored enterprises that are the largest purchasers of mortgages on the secondary…

Specialist lender Lendco has made four new hires within its sales division to help drive growth. Richard Goodman has joined the business as key account manager. The qualified adviser has experience supporting networks, clubs and intermediaries nationwide. He has previously worked at HSBC, Lloyds Banking Group (LBG), RBS and Coventry Building Society and, most recently, Nottingham Building Society. Tom Gill has joined as head of key accounts in the North; he was previously a regional account manager for the North at a specialist lender. Natalie Speer has joined as a business development manager (BDM) from Loan.co.uk, where she had…

BAKU, Azerbaijan, May 5. The Finance Ministries of Azerbaijan and Georgia have reached an agreement to prepare and sign a memorandum of cooperation, Trend reports via the Azerbaijani Ministry of Finance. The agreement was reached during the third day of the Asian Development Bank (ADB) Annual Meeting held in Samarkand, Uzbekistan. Within the framework of the event, Azerbaijani Finance Minister Sahil Babayev met with Georgian Finance Minister Lasha Khutsishvili. The meeting emphasized the high level of strategic partnership between the two countries, and it was noted that the Intergovernmental Commission is an important platform for coordinating bilateral cooperation and developing…

Ganga Expressway to lift property prices by 12–15%, reshape real estate across UP corridor The 594-km expressway, inaugurated by Prime Minister Narendra Modi on April 29, links Meerut in western Uttar Pradesh to Prayagraj in the east, passing through 12 districts. Built at an estimated cost of over Rs 36,000 crore, the project is being seen as a key enabler of economic activity across Tier-2 and Tier-3 cities. Source link