Author: Jordan

Investing.com — BP has agreed to sell minority interests in more than 10 companies within its ventures arm portfolio to investment firm Verdane, the company said Wednesday. The sale comes as CEO Meg O’Neill, who took the top position in April, outlined earlier this month that BP needs to focus on financial discipline through portfolio simplification, cost reductions and tighter capital spending. The company is shifting its focus back to core oil and gas investments. BP will maintain interests in a small number of investments, the company said. The price of the transaction was not disclosed. BP Ventures, which launched…

New SK Hynix ADRs are trading at a BIG premium Financial Times Source link

The Supreme State Audit Office of Cameroon (CONSUPE) has launched a three-day capacity-building workshop in Garoua. Opened on Tuesday, the workshop aims to strengthen public finance management and prevent losses to the state treasury in four of the country’s regions. It brings together regional delegates and credit authorizing officers from the East, Adamawa, Far North and North regions. Opening the workshop, the Minister Delegate at the Presidency in charge of CONSUPE, Mbah Acha née Fomundam, said the program is designed to give participants a better understanding of management irregularities, management faults, financial losses and the liabilities arising from poor practices.…

In this Swift Chat conversation, Marie Swift speaks with Stacy Chitty of Blue Vault and Henry Zelikovsky of Softlab360 to discuss how better data and modern technology are transforming the way financial advisors and asset managers evaluate alternative investments. The conversation explores Blue Vault’s new research portal, built to bring greater transparency, usability, and depth to alternative investment data. With a Snowflake-backed data infrastructure and standardized performance metrics, the portal helps users analyze and compare offerings across non-traded REITs, BDCs, interval funds, tender offer funds, DSTs, and more. Chitty shares his thoughts on why the market needed a better way…

Home Equity, Verification, Asset-Based Lending, MI Tools; Housing Demand Shift; Fed Balance Sheet Thoughts Certainly the cost gap between renting and owning is widening, and the press is filled with stories that our borrowers see, and MLOs should read, like, “Rent vs. Buy: Is Renting Cheaper Than Buying a Home?” or “Rent or buy? How long it takes for buying a home to pay off in each metro.” Today at 11AM PT on L1’s Mortgage Matters, Developer’s Mortgage COO Taylor Stork discusses lender challenges. Lenders are scrambling to target borrowers “at the top of the funnel, and today at…

Landlords are increasingly refinancing and restructuring rather than selling properties, as lenders report falling mortgage arrears and a surge in buy-to-let remortgaging.UK Finance’s Buy-to-let Mortgage Market Update for Q1 reports that 58,272 new buy-to-let loans were advanced, worth £10.8 billion – up 3.2% on a year ago, and 7% by value. BTL remortgages increased 11.1% to 39,160, while the number of loans for house purchases dropped by 14.9% to 16,871.“This points to landlords actively refinancing as they respond to broader affordability considerations and manage their portfolios, including supporting longer-term plans such as expansion and investment in existing properties,” explains Louisa…

A court has ordered the Quintar Kimura Special Credit Fund to repay an investor just over US$4mn for a sub-participation in a loan to a troubled Chilean copper mine. The bulk of the award reflects what a London judge determined was the market value of US asset manager Yieldpoint Stable Value Fund’s sub-participation in the loan at the agreed maturity date of March 31, 2022. Rosalind Phelps, sitting as a deputy High Court judge, said she assessed the fair market value of the participation at maturity was US$3.1mn and found “Kimura was in breach of contract in failing to pay…

Despite legislative progress, leaseholders remain trapped by rising costs, complex rules, and an uncertain market. Based on evidence from Propertymark members and leaseholders, this report sets out why we continue to campaign for reform to go further and faster. Leasehold: still a life sentence? is the third report in our ongoing examination of the leasehold sector. Leasehold: A life sentence? published in 2018, highlighted widespread problems affecting leaseholders and helped shape the reform debate. Our first follow-up, Leasehold 2023: Has Anything Changed?, showed that many concerns persisted. This report explores the progress made since then and the challenges that remain. This latest report…

Montreal’s Concordia University is investing $25-million in a social impact fund, marking what they say is the largest investment by a Canadian postsecondary institution in a vehicle that prioritizes social and environmental gains alongside financial returns.Concordia University’s Inter-Generational Fund is making the investment in Realize Fund I, which is managed by Realize Capital Partners, a subsidiary of Toronto-based, impact-investing company Rally Assets. Realize is one of three funds chosen by the federal government in 2023 to manage $400-million in assets aimed at expanding the country’s social finance market and attracting more private-sector capital to the effort.Realize’s portion was set up…

Swedbank AB has opened a new $27.3M position in $JD, per a new SEC 13F filing. This disclosure reflects the funds’ holdings for the 06-30-2026 report period. You can see the fund’s full portfolio on Quiver Quantitative, and also track the largest institutional owners of $JD.$JD Hedge Fund ActivityWe have seen 177 institutional investors add shares of $JD stock to their portfolio, and 191 decrease their positions in their most recent quarter.Here are some of the largest recent moves:FRANKLIN RESOURCES INC added 10,598,548 shares (+110875.1%) to their portfolio in Q1 2026, for an estimated $307,410,884SUSQUEHANNA INTERNATIONAL GROUP, LLP added 7,032,974…