Author: Jordan

Timing the market is hard. Timing it poorly, at scale, with billions of dollars, is an art form that even the most sophisticated players apparently haven’t mastered. Goldman Sachs prime brokerage data reveals that hedge funds bought global equities at the fastest net pace in four months during the week ending June 4, 2026. Long buying outstripped short selling across nearly every major region, with nine out of eleven global sectors seeing net accumulation. The buying was driven primarily by single stock positions and macro products. Then June 5 happened. The Nasdaq Composite plunged 4.18% in a single session, shedding…

CHL Mortgages has reduced rates by 30 basis points (bps) across its short-term let range, with rates starting from 3.16% for landlords with holiday lets or serviced apartments. All deals are open to individual and limited company landlords up to 80% loan to value (LTV), with a choice of fee options and free valuations on selected short-term lets. The lender has also launched limited-edition products starting from 2.7% for single dwelling properties and from 2.8% for houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs) with up to six bedrooms or units. Mil Consiglio (pictured), head of sales…

Firms that do not adapt to private markets risk losing younger clients FT Adviser Source link

According to the Zillow lender marketplace, the average 30-year fixed rate is 6.41%, up 3 basis points since yesterday. The 15-year fixed loan is currently at 5.81%, 7 basis points higher than yesterday. The 5/1 ARM is 6.66%, 34 basis points higher than on Monday. Weekly survey of mortgage lenders with the lowest rates: Leaders price in the low 6% range Today’s mortgage rates Here are the current mortgage rates, according to our latest Zillow data, for Tuesday, June 9, 2026: 30-year fixed: 6.41% 20-year fixed: 6.40% 15-year fixed: 5.81% 5/1 ARM: 6.66% 7/1 ARM: 6.74% 30-year VA: 5.96% 15-year VA:…

Elevated mortgage interest rates could have an impact on home prices this year. Getty Images/iStockphoto If you’ve been waiting this past year for mortgage rates to drop before buying a home, it’s understandable if your patience is wearing thin. Whenever rates have cooled, they haven’t stayed down for long. According to FreddieMac data, the average 30-year fixed rate dipped below 6% in late February, then climbed right back to almost 6.5% by early April. The rate then fell slightly before returning to its current level of 6.50%, as of June 8, 2026.Sure, you could keep waiting for mortgage rates to…

Advisory firm Moore Kingston Smith has advised the management team of advertising agency Haygarth on its majority buyout from parent company Omnicom. The multidisciplinary advisory team provided full buy-side services, managing legal, corporate finance, and tax operations for the transaction. The corporate finance team also managed working capital negotiations and transitional service arrangements for the deal. The buyout team was led by chief executive Marcus Sandwith, who acquired a majority stake in the London-based brand activation business. American marketing group Omnicom will retain a minority shareholding in the agency following the sale. Haygarth was founded in 1984 and originally joined…

The Business Platinum Card® from American Express is genuinely one of the best business cards out there: airport lounge access, solid earning rates, a mountain of statement credits. Terms apply. But an $895 annual fee (see rates and fees) is a lot to ask, and not every business owner can justify it.Luckily, if you’re looking for great perks without that kind of commitment, there are plenty of options. Here are three of my favorite business cards to check out if you don’t want to pay the Amex Business Platinum Card’s annual fee.1. American Express® Business Gold Card: For business owners…

Chart by energepic_com via Pexels With a market cap of $22.3 billion, Lennar Corporation (LEN) primarily constructs and sells single-family homes while also purchasing, developing, and selling residential land. It operates through several segments, including Homebuilding (East, Central, South Central, and West), Financial Services, Multifamily, and Lennar Other. Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Lennar fits this criterion perfectly. In addition to homebuilding, Lennar provides mortgage financing, title insurance, and closing services, and also develops and manages multifamily rental properties.Shares of the Miami, Florida-based company have fallen 37.3% from its 52-week high of $144.24. Lennar’s shares have dropped…

The changes, apply to the lender’s new-business range and cover buy-to-let, HMO, MUFB, owner-occupied, commercial investment and semi-commercial mortgages. The Intermediary  ·  https://theintermediary.co.uk/2026/06/ybs-commercial-cuts-rates-on-5-year-fixed-products/ YBS Commercial Mortgages has reduced rates across its range of 5-year fixed rate products by 0.15%. The changes, effective from 10am today, 9th June, apply to the lender’s new-business range and cover buy-to-let (BTL), houses in multiple occupation (HMO), multi-unit freehold block (MUFB), owner-occupied, commercial investment and semi-commercial mortgages. There are no changes to the lender’s 2-year fixed rate products. Among the revised products, YBS Commercial has reduced its 5-year fixed buy-to-let rate to 4.90%, down from…

RBC Global Asset Management Launches Interval Fund for Alternative Investments on June 8, 2026 geneonline.com Source link