Author: Jordan

TORONTO, May 1, 2026 /CNW/ — Invesco Canada Ltd. (“Invesco”) announced today proposed changes to its Canadian mutual fund and ETF line-up. Fund Name Changes Effective on or about May 8, 2026, the name of Invesco International Developed Dynamic-Multifactor Index ETF (“IIMF” and “IUMF.F”) will change to Invesco International Developed Multifactor Index ETF and the name of Invesco Russell 1000 Dynamic-Multifactor Index ETF (“IUMF” and “IUMF.F”) will change to Invesco Russell 1000 Multifactor Index ETF. There are no changes to the investment objectives or investment strategies of Invesco International Developed Dynamic-Multifactor Index ETF and Invesco Russell 1000 Dynamic-Multifactor Index ETF…

The gold market in 2026 is playing out a script full of paradoxes. In early trading on May 1 on the New York Mercantile Exchange, spot gold was quoted at 4,636.72 per ounce, rebounding 0.3%, with a cumulative decline of nearly 18% from January all-time high. Gold’s safe-haven aura is fading in a rather subtle way. In a stark departure from textbook safe-haven logic, the catalyst behind gold’s latest blow is its closest ally – oil. Brent crude prices briefly breached $111 per barrel in 2026, and the World Bank expects global energy prices to surge 24% in 2026, marking…

What Happened? Shares of network testing solutions company Viavi Solutions (NASDAQ:VIAV) jumped 14.3% in the afternoon session after the company delivered strong first-quarter results and provided a better-than-expected forecast for the upcoming quarter. Viavi reported net revenue of $406.8 million, a significant 42.8% increase from the same period in the previous year, beating analyst estimates. The company’s non-GAAP earnings per share came in at $0.27, which was up 80% year-over-year and also surpassed expectations. Looking ahead, Viavi projected second-quarter revenue in the range of $427 million to $437 million. The midpoint of this guidance was notably 8.6% above what analysts…

YBS Commercial Mortgages has reduced rates across its buy-to-let range while introducing new two-year fixed products for landlords. The lender confirmed that, from Wednesday 29 April, rates on its new-business five-year fixed buy-to-let products for portfolio landlords have been cut by up to 0.15%. The move comes alongside the launch of a new suite of two-year fixed buy-to-let products, available up to 75% loan-to-value, aimed at broadening choice for brokers and their landlord clients. Among the new options is a two-year fixed rate priced at 4.90% up to 55% LTV, carrying a 2% fee. Across its refreshed five-year range, YBS…

HONOLULU (HawaiiNewsNow) – The Finance Department is warning the public about a phishing scam involving fraudulent text messages that falsely claim to be from a Hawaii court or traffic enforcement agency and attempt to collect payment through deceptive notices.The scam messages are being sent from unknown phone numbers and may include images that appear to be official government notices.Recent examples falsely reference the “State of Hawai‘i,” traffic violations, enforcement action, unpaid tolls, court-ordered compliance, or pending fines. Some messages contain inaccurate or suspicious details, including references to agencies or locations that do not exist in Hawai‘i.The messages are intended to…

Thomas Cook India Expands Prepaid Forex Card Portfolio to 28 Currencies scanx.trade Source link

As interest rates could hit a new decade high this year, real estate assets are being re-evaluated. (Source: Getty/Yahoo Finance) The RBA is primed to hike interest rates for the third time this year on Tuesday, and commercial property is once again attracting attention from investors looking for more income and higher yields than residential assets typically provide. With returns often sitting between 5 and 8 per cent, commercial is becoming more appealing with the cash rate tipped to jump to 4.35 per cent this week. In an environment where residential cash flow has been compressed, the ability to generate…

MARKEL GROUP INC. has opened a new $9.4M position in $MELI, 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 $MELI.$MELI Hedge Fund ActivityWe have seen 740 institutional investors add shares of $MELI stock to their portfolio, and 689 decrease their positions in their most recent quarter.Here are some of the largest recent moves:UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 1,327,972 shares (-74.3%) from their portfolio in Q4…

Landlords have been exiting the London rental market since reforms were first proposed with implications for buy-to-let supply and investment dynamics. Analysis from Investec Bank shows that in Q1 2025, 49.9% of homes listed for sale in London had been rental properties within the previous three years, up from 32.4% a year earlier. Many of these properties are not returning to the rental sector, with only around one in ten homes purchased in Q2 and Q3 2025 subsequently re-let. This points to a contraction in underlying rental stock, even as activity remains high, with more than 113,000 rental listings recorded in…

MARKEL GROUP INC. has opened a new $62.7M position in $SUNB, 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 $SUNB.$SUNB Hedge Fund ActivityWe have seen 85 institutional investors add shares of $SUNB stock to their portfolio, and 0 decrease their positions in their most recent quarter.Here are some of the largest recent moves:METROPOLIS CAPITAL LTD added 4,914,436 shares (+inf%) to their portfolio in Q1 2026, for an estimated $319,880,639ROYAL LONDON ASSET MANAGEMENT LTD…