ETF News
Michael O’Rourke Cautions Investors To Back Away from Tech Stocks in Favor of Banks
Investor Michael O’Rourke is warning traders to avoid tech stocks as an eventual rise in interest rate “plays out really well” for banks, ...
ETF News
Munger’s Daily Journal Surprisingly Bolstered its Stake on Alibaba by 83% Alibaba Last Quarter
Charlie Munger applied Warren Buffett’s investor advice to “be greedy when others are fearful” by doubling down on Alibaba stock while others exited ...
ETF News
Sweden’s $130B Fund Ditches Stocks and Bonds. Plans 20% Holdings in Real Assets
Alecta, which is Sweden’s biggest pension manager with about $130 billion assets, is ditching stocks and bonds for alternative assets, according to Pionline.com. ...
ETF News
Where Family Offices and Investment Firms Are Pouring Their Money
Family offices and investment firms are shaking up their portfolios and betting on stocks that would post strong recoveries from the COVID-19 ...
ETF News
PSTH is Unable to Complete a Transaction With Vivendi’s UMG
In a letter to the shareholders, Bill Ackman reported that Pershing Square is set to restructure arrangements with UMG after SEC found the ...
