Wealth and asset managers brace for pressure and consolidation
2023 will continue to see mergers and acquisitions activity in the asset management industry.
Investing
Successful Thinking: When a handshake means everything
You can be sure of a deal when this asset manager shakes your hand.
Monetary policy to dictate global equities’ volatility and direction
Monetary policies will remain the key determinant of both equity markets direction and style leadership between growth and value.
Chinese stocks gain US$70 billion as Ant Group’s new US$1.5 billion plan fuels investor optimism
Pinduoduo’s Colin Zheng Huang and Ant Group’s Jack Ma each added billions to their fortunes.
Fed expects no interest rate cuts in 2023
The Fed is expected to raise rates again on February 1.
Coinbase to pay US$100m after ‘significant failures’ raised criminal activity risk
Coinbase chief legal officer Paul Grewal said the firm has taken “substantial measures to address these historical shortcomings.
Cathie Wood buys US$19 million in Tesla stock as new ‘major worry’ emerges
The long-time Tesla bull Wood is doubling down.
The most anticipated Tech IPOs in 2023
Forbes reviewed the current unicorn landscape to tap who might be likely to list.
Lithium and rare earths tipped for 2023 gains; share markets sink in 2022
2022 saw the worst annual performance on the S&P/ASX 200 since 2018.
US markets close out worst year since 2008
The Dow fell 9% in 2022, while the S&P 500 fell 20% and the tech-heavy NASDAQ 34%.