equity
By Krystal Hu and Kenrick Cai SAN FRANCISCO (Reuters) – ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make…
Investing.com — Morgan Stanley has undertaken a strategic refresh of its Dividend Equity Portfolio, making key adjustments that reflect shifting market dynamics and a careful reassessment of risk and opportunity. One of the biggest changes is the decision to drop Microsoft Corp (NASDAQ:)., one of the biggest names in tech.…
In a recent note to clients, JPMorgan delved into the relationship between economic growth and long-term equity returns, with a focus on developed markets (DM) and emerging markets (EM). In developed markets (DM), JPMorgan finds a clear link between economic growth and equity returns. A 1% increase in long-term real…
Long-term investors who incorporate macro factors and forecasts into their decision-making would be interested to learn the findings of J.P. Morgan’s report published Thursday on whether economic growth leads to higher equity returns. Intuitively, that there should be a correlation seems obvious, given higher GDP growth should lead to higher…
By Echo Wang NEW YORK (Reuters) -Blackstone said on Thursday its second-quarter distributable earnings rose 3% from a year earlier, as a jump in asset sales in its private equity and credit divisions more than offset a slump in its real estate arm. The New York-based investment firm’s results underscore…
Barclays analysts issued a warning about the increasing risks associated with concentrated equity positioning, suggesting that the current market dynamics may be susceptible to significant unwinds. This caution stems from several critical observations regarding the state of US equity markets. “Concentrated equity positioning increases unwind risk,” Barclays notes, highlighting three…
By Milana Vinn (Reuters) – Private equity firm Vista Equity is in talks to cede control of its company Pluralsight (NASDAQ:) to lenders, according to three people familiar with the matter and fund documents reviewed by Reuters. The financial information in the documents sheds light on how Pluralsight is set…
(This June 27 story has been corrected to fix the spelling of the name ‘Dhupelia’ in paragraph 10) By Scott Murdoch SYDNEY (Reuters) – A possible revival in IPOs in Hong Kong after a pickup in Chinese regulatory approvals, and a string of mega deals in India are expected to…
By Huw Jones and David Milliken LONDON (Reuters) -Risk management in the private equity sector needs improving, the Bank of England said on Thursday, particularly as the period of low interest rates ends and leads to higher financing costs for risky debt in a highly leveraged industry. The BoE said…
Two years ago, Steve German was optimistic.He’d done well for himself as a trial lawyer in Phoenix, suing insurance companies on behalf of workers who were denied benefits. And he’d just launched a new venture with Miami investment firm 777 Partners that he hoped would revolutionize the legal business.Arizona had…