(Opalesque) GCM Grosvenor, a global alternative asset management solutions provider with approximately $57 billion in assets under management, is planning to go public by merging with a special purpose acquisition company backed by the financial-services firm Cantor Fitzgerald in a […]

(Hedgeweek) Pictet Asset Management, the investment management arm of the Geneva-headquartered wealth management giant Pictet Group, has unveiled a new market neutral global equity hedge fund which trades liquid US and European stocks, with a low correlation to broader equity […]

(CNBC) U.S. stock futures were flat in overnight trading as investors eye any progress from Washington on a new coronavirus stimulus package.The White House and Democratic congressional leaders have reported some progress in the negotiations, but they remain apart on […]

(CNBC) Digital transformation is just beginning: BofA’s Rick Sherlund. He hit No. 1 on Institutional Investor’s all-star analyst list for software 17 times in a row. Now as an investment banker, Rick Sherlund is a tech power player who believes […]

(Bloomberg) The Federal Reserve and other central banks are heading for a collision with shadow lenders — the firms with a sinister nickname that are increasingly dominating global finance. To read this article:

(Opalesque) Supported by the stock market recovery and growing investor interest in environmental, social, and governance (ESG) issues, sustainable strategy net inflows up 72% in Q2. Net inflows into sustainable strategies increased 72% in the quarter ended June 30 to […]

(Opalesque) The COVID-19 pandemic has pushed global financial markets into a prolonged period of volatility and uncertainty (see our article on the impact of COVID-19 on M&A deal flow), reminiscent of the 2007-08 financial crisis. Many businesses have languished since […]

(Marketwatch) Shares of Eastman Kodak Co. KODK, -31.62% were down 24% in afternoon trading Monday, putting them on track for a third straight double-digit percentage decline, after the digital printing and film company, which is getting into the pharmaceutical-ingredients business, […]

(CNBC) Microsoft and the U.S. government have agreed to a six-week time frame to wrap up deal discussions around buying TikTok’s U.S., Canada, Australia and New Zealand operations. That’s not a lot of time to answer many questions that will […]

(CNBC) U.S. stock futures traded along the flatline on Monday night after the major averages logged in sharp gains to start the new month earlier in the day. The Dow closed Monday’s session up more than 200 points, or 0.9%. […]

(CNBC) A summer slump may strike stocks. After the S&P 500 gained 5.5% in July, CFRA’s Sam Stovall sees it falling 5% to 10% over the next two months. “We have a lot of concerns out there — in particular […]

(CNBC) Capitol Hill lawmakers seem to agree on one thing: Sending a second round of stimulus checks to help Americans weather the economic storm brought on by the Covid-19 pandemic is worthwhile. But the conditions around who gets those checks […]