Investors are lining up to buy ETFs that are rising in value thanks to surging interest in asset management.The Vanguard Emerging Market ETF (VME) and the SPDR S&P Global Short-Term U.S. Index ETF (SGTU) are expected to go public later this month.Both the VME and SGTU are gaining value.Investors are lining out to buy the […]
Sunstone, a $1.9 billion hotel developer, announced it is buying a majority stake in Blackstone for $1 billion.Sunstone will own 49% of Blackstone, with the other 49% owned by Blackstone’s investors, including former chairman of Blackrock Stephen Schwarzman.Sunstein will also own the minority interest in BlackRock.Sunstone CEO David Pfeiffer, who has led the hotel project […]
Israeli stocks continue to struggle with high volatility, but it’s not just investors looking to buy in.The biggest loser is not the stock market, but the country’s Jewish community.The Jewish community has suffered the brunt of Israeli attacks, mass murders, and political turmoil in recent years.The loss of more than 50,000 of its members is […]
There are plenty of reasons to believe the US will soon face a shortage of new creditworthy lenders.But what do the US banks really need?First, there’s the credit crunch: in December, the Bureau of Economic Analysis reported that the US had $2.2 trillion of outstanding outstanding credit.And it’s not just bad news for consumers and […]
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