After emerging market stocks led global equity markets lower in a brutal 2018, some U.S.-based fund managers are betting that the asset class may have the largest rebound in the new year.U.S.
With the end of 2018 marking the 40th anniversary of China opening up & reforming (and with an increasingly loud group of market participants questioning the foundations of China’s economic miracle - and more importantly, it's future), Bridgewater founder Ray Dalio believes now is a good time to reflect on China’s last 40 years. "Since I have been fortunate to have experienced 34 years of this 40 years in an up close and intimate way, and since I study what makes countries succeed and...Zero Hedge
Atlas Venture, the Cambridge, Ma.-based early-stage, biotech-focused venture firm, has for the first time raised an opportunity fund designed to help it support its most promising, maturing portfolio companies. The $250 million fund, announced by the firm this morning, is pretty well-timed as these things go. Though the public markets have bounced back a bit [TechCrunch
John Carey, a Boston-based fund manager at $1.7 trillion Amundi Pioneer, discusses his strategy for guarding against another stock crash. He also outlines the market forces he's most closely watching in 2019, and discusses what's at stake as the market reaches a significant inflection point. The stock market is at a key inflection point, and how earnings season plays out will go a long way towards determining whether investors will sink or swim in 2019. So says John Carey, a Boston-based fund...Business Insider
The exodus from two of the nation’s biggest Blue States continues, according to new numbers from the U.S. Census Bureau. Many Red States, meanwhile, continue to gain population, the figures show.Fox News
BlueMountain Capital is ending its long-short equity strategy, a source close to the firm tells Business Insider, only two years after starting it. The firm is firing several portfolio managers on the equities team after recruiting talent from hedge funds like Leon Cooperman's Omega Advisors and Citadel alum Anand Parekh's Alyeska Investment Group over the last year. The firings are not related to the firm's decision to double down on its bet on troubled California utility company PG&E in...Business Insider
As day three at CES kicked off with brilliant sunshine flooding the Las Vegas Strip and slightly less frenetic activity on the convention floor, Adweek caught up with Glen Hartman, senior managing director of Accenture Interactive in North America, to talk about global responsibility for Accenture's digital marketing, platforms and operations offerings. Following days of@adweek