Investment Management
According to FactSet Research, hedge funds grew more bullish on stocks, expanding their exposure to equities by 2.9% during Q3. That’s a marked turnaround from Q2 when equity exposure dropped 1.3% According to the FactSet report, hedge funds bought $12.2 billion worth of stock in the consumer staples sector, including $8.9 billion in share […]
Billionaire George Soros’ asset management firm sold its SPDR Gold Trust (GLD) shares in favor of the iShares China Large-Cap exchange-traded fund (FXI) and the iShares MSCI Emerging Markets ETF (EEM) in the third quarter Among emerging market-related holdings, the latest 13F filing shows that Soros Fund Manage-ment also had a call — the […]
President Elect Donald Trump has pitched a 15% tax rate for US Corporations. $2.6 trillion of US corporate profits are currently lying offshore and Trump’s action could induce companies to bring that income home. In August, the European Commission found that Ireland must collect roughly $14.5 billion in back taxes from Apple Inc., which has […]
On April 6, when Tesla Motors stock traded at $265.42 per share, we forecast it would fall to the $180 level. On 10 Nov, Tesla Motors traded at a low of $180.42 per share and now we see a bigger plunge after a technical correction On Nov. 17 shareholders will vote on final approval […]
BOC Aviation, Asia’s largest aircraft leasing company, trades just above its IPO price and looks cheap at 10 times earnings Asia ranks as one of the world’s fastest growing air travel markets thanks to an expanding and increasingly wealthy middle class that’s eager to see more of the world. Airlines are the most direct […]
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