After booming in the anything-goes pandemic era, thematic funds are struggling. Investors have already yanked nearly $4 billion so far this year, after withdrawing $4.6 billion, BI data show. Edited by @RheaaRao
https://t.co/f27tAxaO9q
Hedge funds wagered billions on Chevron-Hess deal but kept encountering unexpected turns, latest in Exxon dispute. Still, some bet the merger is more likely to be completed than not. ICYMI, my Wed story w/@RheaaRao@DNair5@Swetha_Gopinath
https://t.co/QEln5Sadkl via @markets
A small number of participants are dominating the world of DeFi as the crypto sector still hasn’t recovered from FTX’s collapse a year ago https://t.co/ptdl4wV7w4 via @crypto@MuyaoShen@RheaaRao
Shan Hanes ran Elkhart’s Heartland Tri-State Bank. When he asked to borrow a hefty sum from a wealthy farmer, it was the beginning of the end.
Really fabulous piece of journalism from our Kansas correspondent @amanda_albright
https://t.co/nWEaBCJ34z
Prison phone and tablet company Aventiv, the parent company of brands including Securus and JPay, reported an improvement in quarterly earnings as the firm struggles to refinance its upcoming maturities. By @Tobin_Tweets and me https://t.co/1MhUpNeRH9 #securus
Late last year,two young men decided to live a month of their lives on the income of an average poor Indian. One of them, Tushar, the son of a police officer in Haryana, studied at the University of Pennsylvania & worked for 3 years as an investment banker in the US and Singapore
Wall Street is so convinced that the Fed’s restrictive policies are nearing an end that money managers are already trading as if rate hikes were a thing of the past. But investors have been burned before by wrong-way bets about the central bank’s path
I spoke to a number of pms to see how multi-asset managers are positioning for what could be the end of the Fed's tightening cycle:
read below🏦
https://t.co/4ncwxBaScj via @markets
A surge in enrollment and donations at #HBUCs is leading to credit upgrades, potentially reducing borrowing costs from a bond market that has long discriminated against them https://t.co/ZeZD0WSuCH via @bbgequality
Investors with $250,000 or more to spend on municipal bonds are increasingly seeking opportunities to pick and choose what goes into their portfolios
https://t.co/mdMqzjta6g @amanda_albright
PRESS RELEASE: The Maynard Institute announces 2023 journalism fellows.
"We welcome another impressive class of 49 media leaders, representing diverse gender, geographic, racial and ethnic backgrounds..." - @OdetteKeeley, Maynard 200 Director.
https://t.co/PaA3bT3EiF