Tuesday, February 4

Tag: BLK

Oklahoma Finds It Hard to Break Up With JPMorgan and BlackRock
14Dec By adminNo Comments
Money

Oklahoma Finds It Hard to Break Up With JPMorgan and BlackRock

Cutting ties with the largest U.S. banks and asset managers is easier said than done. In Oklahoma, where a new law requires the state to stop doing business with financial companies that “boycott” the oil-and-gas industry, officials and pension employees are running into hurdles while trying to comply.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
A Spot Bitcoin ETF Is Easy. What Comes Next Could Get Dangerous.
11Dec By adminNo Comments
Money

A Spot Bitcoin ETF Is Easy. What Comes Next Could Get Dangerous.

Giving fund managers easier access to bitcoin is already a contentious topic for regulators. It is nothing next to the Pandora’s box that could be opened with its crypto peer ether.The price of bitcoin has surged roughly 14% this past month to around $42,000. Investors believe U.S. regulators will soon green light exchange-traded funds, or ETFs, that hold spot bitcoins, bringing billions of dollars into the market.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Why Stamping Out Crypto Bros Could Help Bitcoin
24Nov By adminNo Comments
Money

Why Stamping Out Crypto Bros Could Help Bitcoin

Such is the wackiness of the crypto world that a regulatory crackdown might actually revive investor optimism.Earlier this week, Binance Chief Executive Changpeng Zhao pleaded guilty to money-laundering violations and agreed to pay a criminal fine of $50 million. Then, his company will pay $4.3 billion to, among other things, settle civil allegations related to sanctions evasion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
Private Debt Was Supposed to Collapse When Rates Rose. Instead It Is Everywhere.
13Nov By adminNo Comments
World

Private Debt Was Supposed to Collapse When Rates Rose. Instead It Is Everywhere.

Wall Street’s doom-mongers spent years warning that private lenders would be the next bubble to burst when central banks tightened policy. Instead, the funds are becoming even more ubiquitous as companies scramble to refinance debt in a higher interest-rate environment.Take PetVet Care Centers. The Westport, Conn.-based company operates 450 veterinary clinics and hospitals across the U.S. and has been owned by private-equity giant KKR since 2018. It has been a successful acquisition, but the company is facing a wall of debt maturities that can only be refinanced at higher cost. KKR is providing $600 million of additional equity to ease the burden, while private-debt lender Blue Owl Capital will extend PetVet a $2.3 billion senior loan.Copyright ©2023 Dow Jones & Company, Inc. All Righ...
Read More
These Funds Offer a Way to Lock In High Bond Yields
6Nov By adminNo Comments
Money

These Funds Offer a Way to Lock In High Bond Yields

Investors looking to lock in higher yields are turning to a lesser known type of bond fund. Defined-maturity exchange-traded funds have surged in popularity recently. As their name suggests, the bond funds mature and liquidate on a specific date, similar to how an individual bond pays back its principal. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least
29Oct By adminNo Comments
Money

‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least

Oct. 28, 2023 11:00 pm ETListen to article(2 minutes)One of the hottest investments on Wall Street is something of a surprise—it’s a battered long-dated Treasury bond fund.Shares of the iShares 20+ Year Treasury Bond ETF are near a 16-year low and have lost more than half their value from their 2020 peak, but investors are piling in. They added more than $2 billion to the fund on Tuesday and Wednesday alone, bringing its total inflows for the year to $21 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More
‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least
29Oct By adminNo Comments
World

‘Buy the Dip’ Investing Mantra Lives On—in the Bond Market at Least

Oct. 28, 2023 11:00 pm ETListen to article(2 minutes)One of the hottest investments on Wall Street is something of a surprise—it’s a battered long-dated Treasury bond fund.Shares of the iShares 20+ Year Treasury Bond ETF are near a 16-year low and have lost more than half their value from their 2020 peak, but investors are piling in. They added more than $2 billion to the fund on Tuesday and Wednesday alone, bringing its total inflows for the year to $21 billion.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Read More