Multi-asset strategies are the supreme discipline in investment management. Managers of these strategies consider all asset classes worldwide as part of their investment universe. For more than 20 years, multi-asset’s rise in popularity has been one of the success stories in our industry. In this post, we discuss a key challenge for multi-asset managers — accurately and plausibly benchmarking their performances — and share the latest trends on the most representative multi-asset-benchmark, the Global Capital Stock (GCS). Multi-asset assets under management (AUM) rose from less than $2 trillion in 2003 to about $16 trillion in 2023 (FTSE Russell, 2024). These…
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Image source: Getty Images I’m not a fan of owning one stock for passive income and relying on it solely for dividends. I’d rather spread my options across a host of shares. This helps to lower my risk of one company cutting the dividend. Yet this doesn’t mean I can’t build a large holding in one particular stock that I think could do really well. Here’s one I’m thinking of buying. A specialist lender The company is OSB Group (LSE:OSB). The FTSE 250 stock’s down a modest 3% over the past year. It has a high dividend yield of 8.7%.…
By Juveria Tabassum (Reuters) – Walmart (WMT) shares are set for their best yearly gains in over two decades as the retail behemoth’s low prices for everyday essentials give it an edge over competitors facing weak demand from budget-conscious consumers. The stock has gained about 60% so far this year, outstripping gains of about 13% in the S&P 500 Consumer Staples sector index, as well as a 21% rise in the S&P 500 Consumer Discretionary index. Rival Target’s shares are up about 7% this year, while the benchmark S&P 500 (^GSPC) has risen 23%. The stock jumped 106% in 1998…
AutoNation Inc.’s stock dropped 6% after the company reported third-quarter earnings that missed analysts’ expectations, driven partly by the impact of a software outage earlier in the year. Net income declined to $185.8 million ($4.61 per share) from $243.7 million ($5.54 per share) a year earlier, with adjusted earnings per share at $4.02, below the $4.36 FactSet consensus. Revenue decreased 4% to $6.586 billion, falling short of the anticipated $6.695 billion. The results highlight the challenges faced by the company in the current auto retail environment. A major factor affecting AutoNation’s performance was a cyberattack on CDK Global, a software…
NEW YORK – Zeta Global (NYSE: ZETA), an AI-powered marketing technology company, announced today that its Co-Founder, Chairman, and CEO David A. Steinberg, alongside other company leaders and Board of Directors members, intend to purchase approximately $3 million of the company’s Class A common stock. This collective investment by Zeta’s insiders is a gesture of confidence in the firm’s stability and future prospects. The move follows a recent report containing what Steinberg described as “false claims and objectively wrong information” about the company. By committing to buy shares, Steinberg and his colleagues aim to reaffirm their belief in Zeta’s value…
SPDR Gold Shares (GLD) celebrates its 20th anniversary as the world’s largest gold ETF with over $78.3 billion in assets. A new survey by State Street Global Advisors reveals significant growth in gold investment, with 38% of U.S. investors now holding gold, up from 20% in 2023.The 2024 Gold ETF Impact Study shows that 84% of gold ETF investors report improved portfolio performance. Investors view gold as a safe haven during market volatility (57%) and an inflation hedge (51%). Millennials lead adoption with 61% holding gold, compared to 35% of Gen X and 20% of…
McDonald’s is investing $100 million to bring customers back to stores after an outbreak of E. coli food poisoning tied to onions on Quarter Pounder hamburgers. (Source: CNN Newsource, AP, Gray Media) Source link
Researchers say carbon credit projects involving private companies, NGOs and logging companies have proliferated in the Democratic Republic of Congo.They’ve documented projects covering more than a quarter of the DRC’s nearly 200 million hectares (494 million acres) of forest.Preliminary findings suggest that the DRC lacks the governmental guardrails to ensure these projects are helping to avoid deforestation and that they are not harming communities.In late 2021, an India-based consultancy signed carbon credit project agreements with 25 communities in the DRC but provided little information about the projects. The company is reportedly no longer operating in the country.See All Key Ideas…
Image source: Getty Images Whether it’s stocks and shares or cash, the contribution limit for an ISA is £20,000 per year. Depositing that each year and earning a 3% compound annual return tax-free makes a millionaire after 30 years. Finding that kind of money to deposit isn’t straightforward. But for those aiming for a million, is it better to stick to cash or think about equities? Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is…
US stock futures traded mixed on Monday amid fading optimism for interest-rate cuts, as investors looked ahead to Nvidia (NVDA) earnings to test the health of the AI trade. Dow Jones Industrial Average futures (YM=F) slipped roughly 0.2%, while S&P 500 futures (ES=F) were broadly flat. Contracts on the tech-heavy Nasdaq 100 (NQ=F) rose 0.3%, buoyed by a jump in Tesla (TSLA) stock. Stocks are starting the week on the back foot as the prospect of higher-for-longer rates holds post-election bullishness in check. The S&P 500 has reversed half of its Trump-fueled rally after sharp weekly losses for the major…