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Investment News 07/2017 (Page 3)



Pension Investment Advisory Fees Once High, Are Getting Higher
As a result of investment consultant conflicts of interest, lack of vigorous negotiation and money manager non-compliance with "most favored nation" clauses in contracts with pensions, many of the nation's pensions are paying excessive investment ...
Kushner Sought $500 Million Bailout From Top Qatari Investor: Report
Anbang's $400 million, plus $100 million from other investors, would flow to the Kushners, meaning the family would recoup the entirety of their initial $500 million investment…Crucially, in addition to the cash investment, the deal called for Anbang ...
A huge investment company owned by a very small country may be set to top $200 billion
Singapore's state-owned investment company Temasek was expected to report a sharp recovery in portfolio value, according to one investment bank's estimate. CIMB was forecasting Temasek's net portfolio value would rebound 12-15 percent to a record ...
State agency boosts investment in North Slope oil processing facility to spark new production
A state agency will add more money to the $70 million it has already invested toward building an oil-processing plant and related infrastructure on the North Slope as it seeks to move a project that stalled as oil prices and Alaska's economy took a ...
China sovereign fund CIC profit rises, seeks more US direct investment
BEIJING China's sovereign wealth fund China Investment Corp (CIC) posted a 1.88 percent rise in 2016 net profit, boosted by stronger returns from its overseas portfolio. Profit rose to $75.3 billion from $73.9 billion a year earlier, its annual report ...
IEA says global energy investment in 2016 fell 12% to USD 1.7trln
"As the oil and gas industry refocuses on shorter-cycle projects, the need for policymakers to keep an eye on the long-term adequacy of supply is more important. Even with ambitious climate-mitigation goals, current investment activity in oil and gas ...
Electricity investment overtakes oil and gas for the first time ever, IEA says
Investment in the electricity sector received the largest level of investment for the first time ever, growing its share by 12 percentage points to 43 percent between 2014 and 2016. In comparison, over the same period, investments in upstream ...
Saving Face: Investment in Recognition Technology Heats Up in China
SHANGHAI—A Chinese startup that sells facial recognition systems to police forces secured venture-capital funding that values it at more than $1.5 billion, underscoring the sector's emergence as one of technology's hottest areas of interest. Beijing ...
Chinese Investment Bank Takes Majority Stake In KraneShares
KraneShares, the exchange-traded-funds provider known for its unique lineup of China-focused funds, including the popular KraneShares CSI China Internet ETF (NASDAQ: KWEB), sold a majority stake in itself to China Investment Capital Corporation, ...
Q and A for Federal Workers: New TSP Investment, Withdrawal Options
Question: When is the TSP going to give us more investment choices? Answer: The Thrift Savings Plan, the 401(k)-style program for federal employees, offers five funds that reflect stock and bond markets. One of those, tracking international stocks ...
LeBron James Investment Blaze Pizza off to Fastest-Ever Start for Food Chain
LeBron James is a man of many business ventures, one of which is paying huge dividends for the four-time NBA MVP. Per Forbes' Kurt Badenhausen, Blaze Pizza has become the fastest-growing restaurant chain in the United States with its 200th franchise ...
City plan aims to entice investment Uptown, West Oakland
From potentially slowing down Boulevard of the Allies through lane reductions, to creating more public green spaces and pumping about $215 million in infrastructure investment as part of the Bus Rapid Transit system between Downtown and Oakland, the ...
One-time pastor, St. Louis investment adviser gets 4+ years for $1 million fraud
ST. LOUIS • An investment adviser and former St. Louis pastor was sentenced in federal court here Tuesday to 51 months in prison and ordered to repay more than $1 million to investors he'd defrauded. In court, Assistant U.S. Attorney Reggie Harris said ...
Revolut raises $66 million in venture capital investment; eyes expansion in Asia, US
Fintech app Revolut has raised $66 million in a venture capital investment in order to expand its operations further across Asia and North America. The London-based business, which offers foreign currency to consumers abroad at the interbank rate ...
3 Top-Performing Investment Strategies Of 2017
That's because each investment strategy offers a glimpse into a different methodology that tries to explain and profit from the financial markets. The biggest fallacy among investors is that there is a one size fits all strategy — a “Holy Grail” that ...
Crisis Bargains In Today's Investment Markets
This week OfWealth is looking at the idea of taking some of your investments on a “crisis vacation” from time to time. It's all about scooping up bargains shortly after some kind of crisis, and then enjoying substantial profits as things improve and ...
Killing Obamacare Should Mean Killing Its Investment Tax, Too
Congressional Republicans hoping to repeal and replace Obamacare are reportedly considering retaining the law's surtax on investment income that applies to upper-income taxpayers. The political appeal of the 3.8 percent Net Investment Income Tax (NIIT) ...
Barclays announces new board of its corporate and investment bank
LONDON (Reuters) - Barclays (BARC.L) announced on Wednesday board appointments for its non-ring fenced business Barclays International (BI), to comply with new post-crisis rules forcing British banks to separate their retail operations from their ...
Samsung to back European start-ups with $150 million investment fund
Samsung NEXT will use a $150 million global fund raised in January to target early stage start-ups in Europe for investment or acquisition, focusing on tech companies working on artificial intelligence, the internet of things, augmented reality and ...
Zillow Group makes first investment, leads $10M round for augmented reality home design app
While this is Zillow's first investment in a startup, it has acquired many companies over the past decade, including StreetEasy, HotPads, dotloop, and Trulia, which was its largest competitor. Zillow could follow the lead of other tech giants like ...
Investment Giant BlackRock Calls Bitcoin 'Pretty Scary' While Educating Employees On Working With It
The “world's largest shadow bank” BlackRock Inc. has said Bitcoin is a “scary” sign of “excess” in global markets. Speaking in an outlook presentation Tuesday and quoted by Bloomberg, the company's global chief investment strategist Richard Turnill ...
Ireland to Shrink 'Rainy Day Fund' by Half to Boost Investment
DUBLIN — Ireland is to cut the amount of money put into a "rainy day fund" to 500 million euros (£444 million) per year from 1 billion euros to allow for more capital investment, Finance Minister Paschal Donohoe said on Wednesday. But he decided ...
Thanks ... Obama? Foreign firms slash US 'investment' in 2016
Irish “investment” in the U.S. fell sharply in 2016 after new rules cracked down on corporations seeking tax havens. Foreign businesses invested 15% less in the United States last year, but it's not a sign America has suddenly become a less attractive ...
Yellen: Fed to continue raising interest rate, reduce investment holdings
July 12 (UPI) -- Federal Reserve Chair Janet Yellen told a congressional committee Wednesday that the central bank plans to keep raising its benchmark interest rate and to reduce its investment holdings. Yellen appeared before the U.S. House Committee ...
Solar Leads a Recovery in Global Clean Energy Investment
Global clean energy investment has rallied from a months-long slump, thanks to solar. The second quarter of 2017 saw $64.8 billion invested in clean energy around the world, up 21 percent from the first quarter of this year, according to the latest ...
Ravens Make Major Investment To Rebuild Western District Police ...
Ravens Make Major Investment To Rebuild Western District Police ...
Raleigh investment firm searched by FBI, feds confirm
A Raleigh investment firm is being searched by the FBI and the U.S. Department of Treasury. VisionQuest's office on Hargett Street is being searched as part of an ongoing investigation, confirms Shelley Lynch, an FBI spokeswoman. Search warrants were ...
Investment in Australian startups reaches $230m in Q2 2017: KPMG ...
Investment in Australian startups reaches $230m in Q2 2017: KPMG ...
American Airlines Says Qatar Airways Investment Won't Fly
American reiterated that the proposed investment was not solicited by American Airlines and would in "no way change the company's board composition, governance, management or strategic direction." It also included strong language about the Open Skies ...
Lake Worth financial planner takes plea deal in investment scheme
Lake Worth financial planner takes plea deal in investment scheme. Jane Musgrave; Palm Beach Post Staff Writer. 7:00 a.m. Thursday, July 13, 2017 Palm Beach County Crime · Crime. View CaptionHide Caption. Michael Hardman (Florida Department of ...
OwnBackup grabs $7.5M Series B investment for SaaS data backup service
One of the great advantages of the cloud is that your vendor is supposed to takes care of all the hard management bits for you — including backup. While that's true for the most part, the vendor can't help you recover data if one of your employees ...
Investment Products and Services Launches
The Schwab ETF OneSource lineup will now include 15 new investment vehicles. These additions allow Charles Schwab to offer 245 ETFs covering 69 Morningstar Categories with $0 online commissions, no enrollment requirements and no early redemption ...
Rudd: High-quality investment opportunities readily available
Whenever I mention that I write about investing in stocks, the response of many naysayers can be divided into one of three categories. The first is a comment such as, “Wonderful, do you have any hot tips?” However, there is often a degree of sarcasm ...
Report: Smart city investment will double by 2021
Smart city investment is booming, according to recent analysis from the Massachusetts-based BCC Research. A report published Tuesday found that the smart city market reached $342.4 billion in 2016 and is projected to more than double by 2021, to an ...
With hip ambitions, investment firm to redevelop Masonic Lodge in downtown St. Pete
Blake Whitney Thompson, the founder and CEO of Blake Investment Partners, is open to rent the "boutique" space for an art studio, office space, tech firms, food hall or even a rooftop bar. He estimates a multimillion dollar renovation, depending on the ...
Falling Costs Push Renewable Investment Ahead Of Fossil Fuels
According to the IEA's World Energy Investment report, investment in electricity finally surpassed investment in oil and gas in 2016, for the first time in recorded history. As spending on new fossil fuel projects fell twenty-six percent in 2016 ...
Considering An Investment In Take-Two Interactive
I focus on the next major release of TTWO and how I expect it to perform. Introduction. The performance of most major video game stocks over the past six months has been nothing short of outstanding. I've been looking for a play with a big growth ...
Frisco's Blue Star Sports scores big-time booster in NFL's investment arm
A Frisco company's bid to consolidate the youth sports business is getting a financial boost from the NFL's investment arm. Blue Star Sports, partially backed by Dallas Cowboys owner Jerry Jones, did not disclose the amount of the investment from the ...
PE Group Brentwood makes investment in Blaze Pizza
Brentwood Associates announced on Thursday that it has taken a “significant, non-controlling investment” in the fast-casual pizza chain Blaze Fast-Fire'd Pizza. The deal gives the Los Angeles-based private-equity group a piece of one of the fastest ...
BUSINESS DIGEST: Retirement system names new investment officer
The Teacher Retirement System of Texas, one of the country's largest public pension funds, on Thursday announced it has hired a new chief investment officer. In a release, the TRS board of trustees said it had appointed Jerry Albright to oversee ...
Investment firm objects to O.C. company's takeover deal – Orange ...
Investment firm objects to O.C. company's takeover deal – Orange ...
UBS investment bank exec: 'Digesting and analysing data is the future'
LONDON — UBS is trying to bring automation and artificial intelligence to the trading floor at its investment bank. "I don't think robotics or automating certain tasks is something new for this industry," Beatriz Martín Jiménez, chief operating ...
Joe Donnelly Increased Investment in Family Business After Shift to Mexican Labor
Donnelly's investment in the family company, Stewart Superior Corp., was highlighted on Thursday by the Associated Press, which pointed out the senator's past criticism of companies that outsource manufacturing to Mexico. Donnelly has said that ...
China May property investment eases, construction starts dip sharply
(Corrects May property investment growth to 7.3 pct from 7.2 pct in fourth paragraph and bullet) * May Property investment +7.3 pct y/y (vs +9.6 pct in April) * New construction starts +5.2 pct y/y (vs +10.1 pct in April) * Sales by floor area +10.2 ...
JPMorgan Q2 earnings rise on higher loans, deposits, investment banking business
JPMorgan Chase, the nation's largest bank by assets, said its second quarter earnings rose 13%, reflecting higher customer deposits and \robust investment banking business. Net income for the three-month period was $7 billion, compared with $6.2 ...
It's unclear whether tax policy will impact business investment, says billionaire Steve Ballmer
Billionaire Steve Ballmer said Friday that government data show it's not clear whether tax policy will have an impact on business investment. Ballmer, founder of a nonpartisan database for government statistics, told CNBC's "Squawk Box" that his ...
Investment Firms Smack Down FCC Claim Net Neutrality Has Hindered Internet Investment
But in a filing with the FCC on Friday, a group of 20 investment firms and public interest foundations that collectively holds around $190 billion in assets challenged Pai's assertion that the order has curbed corporate investments in internet networks ...
Exclusive: Toyota made UK investment decision after Brexit reassurances - sources
LONDON (Reuters) - The British government helped to secure a more than 240-million ($310 million) pound investment from Toyota in its English plant with a letter reassuring the Japanese carmaker over post-Brexit trading arrangements, two sources told ...
Free State Does Math on Broadband Investment
One of the hot-button issues in the debate over the impact of Title II regulations on broadband is their effect on investment. ISPs argue that billions of dollars in investment have been foregone due to the regulatory overhang of Title II common ...
Buffett, Malone explore investment in Sprint: sources
(Reuters) - Warren Buffett's Berkshire Hathaway Inc and John Malone's Liberty Media Corp are exploring an investment of between $10 billion and $20 billion in U.S. wireless carrier Sprint Corp, people familiar with the matter said. Masayoshi Son, the ...