Latest news with #assetmanagers
UAE Moments
an hour ago
- Business
- UAE Moments
Norway Ends Israeli Investment Contracts Over Gaza and West Bank Concerns
Norway's massive $2 trillion sovereign wealth fund just dropped a bombshell — it's cutting ties with asset managers handling its Israeli investments. The move comes after a speedy review sparked by reports linking the fund to an Israeli jet engine firm servicing the country's military. 11 Companies Out, More Under Review The fund, which had stakes in 61 Israeli companies as of June 30, recently sold off shares in 11 of them. It didn't name names, but confirmed: 'We have now completely sold out of these positions.' The remaining Israeli investments will be managed in-house, not by external managers. Stricter Rules Ahead From now on, the fund will only keep Israeli companies listed in its benchmark equity index — and even then, not all will make the cut. The review also aims to tighten due diligence for future investments. Past Ethical Cuts This isn't Norway's first ethical investment shake-up. Last year, the fund sold stakes in an Israeli energy company and telecom group. Its ethics panel is still reviewing whether to exit five major Israeli banks.
Wall Street Journal
20 hours ago
- Business
- Wall Street Journal
Listen: Why Some Money Managers Are Trailing the Market
Shares of publicly traded private-equity firms, also known as alternative asset managers, have historically risen and fallen with public markets, often with slightly bigger swings in both directions. Their earnings are tied to the valuations of the companies they own in their portfolios. Those tend to track comparable public companies and also usually carry a significant amount of debt, which magnifies ups and downs. Ever since the start of this year, though, stock performance of firms like Blackstone, Apollo and KKR seems to have come uncoupled from the performance of the broader markets. President Trump's tariffs, which led to market uncertainty, are only part of the story. The performance of these asset managers matters because they're the biggest fee payers to Wall Street banks. Their earnings can also be a window into the health of capital markets more broadly, including the IPO market.
Bloomberg
5 days ago
- Business
- Bloomberg
Cheap Stocks and Market Reforms Draw Investors to Saudi
A rush of reforms is making it easier for foreigners to invest in Saudi Arabia, boosting confidence among investors that the country's stock market will one day compete with global rivals even as equities currently underperform and trading volumes decline. Announced over a single week in July, a series of policy changes will allow residents of Gulf Cooperation Council countries to more freely trade Saudi stocks, give foreign firms the option of launching depositary receipts and ease rules for funds and asset managers dealing in equities.
Zawya
6 days ago
- Business
- Zawya
Zambia's dollar bonds drop over debt indicator worries
NAIROBI - Concerns over Zambia's weakening ability to deal with its debt burden pushed the country's international bonds sharply lower on Wednesday, after the International Monetary Fund published its latest assessment of the southern African nation. Zambia's 2053 dollar-denominated bond lost more than 4 cents in early trading to bid at 68.542 cents on the dollar, hitting a one-month low and falling below the 70 cents threshold below which asset managers consider a country's debt distressed. By 1048 GMT it had pared some of the losses to trade at 69.466 cents, Tradeweb data showed. The drop comes in the wake of the IMF executive board approving the fifth review of Zambia's current lending programme late on Tuesday. As part of the sign-off, the Fund published its latest economic and debt figures, showing Zambia's debt-carrying capacity - or the assessment of a government's ability to handle its debt - remained weak, with the composite indicator used to gauge the level weakening to 2.58, from 2.62 previously. Zambia - together with Ukraine and Sri Lanka - was one of the countries issuing so-called state contingent debt instruments as part of its restructuring, instruments that are designed to lure investors with a promise of better payouts if certain economic or fiscal targets are achieved. Disappointment over the key indicator going in the wrong direction weighed on bonds, analysts said. "A 2.69 cut-off is needed for two semi-annual consecutive reviews for the 2053 bond to become a higher-paying 2035 bond during the 2026-28 observation period," said Samir Gadio, Africa strategist at Standard Chartered, referring to the terms of the bond that was created when Zambia restructured its debt. Zambia overhauled its bilateral debt in a deal struck last year after it opted to restructure its debt under the G20's Common Framework initiative, a process that also involved combining $3 billion of bonds into two new ones with their own payment schedules and conditions. The downward revision of the Southern African nation's composite indicator score was mainly caused by a worsening of the import coverage ratio, market participants said, adding that there was still room for it to improve. "There is still a strong chance that the score will be upgraded in 2026," said Anthony Simond, senior emerging markets debt portfolio manager at Aberdeen.
Yahoo
02-08-2025
- Business
- Yahoo
Could Solana Hit $500 Before 2026?
Key Points Solana is currently experiencing ecosystem-related inflows to its chain. New financial vehicles for investing in it are likely to be approved soon. Its technology is finding use cases all over the financial system. 10 stocks we like better than Solana › Blockchains are replacing creaky financial plumbing, and the winners are now starting to pull ahead. If that continues, Solana (CRYPTO: SOL) might soon show itself as the biggest beneficiary. The coin trades at about $180 today. For it to cross $500 by 2026, it must almost triple in less than a half-year. That is a tall order, yet several tailwinds are blowing in its favor, so let's see where this coin is going. A perfect storm of catalysts is brewing Before the coin's price can surge ahead, capital has to show up. The biggest potential accelerant is a U.S. spot exchange-traded fund (ETF). Many crypto industry analysts estimate a very high probability that the Securities and Exchange Commission (SEC) will give the thumbs up for a Solana product before 2026, noting that regulators already blessed similar vehicles for other coins earlier in 2025. If approval comes by November, asset managers will need to buy the underlying token to seed their funds, front-running the later anticipated retail investor inflows and retirement plan allocations. Early anticipation of the approval is already visible, as a family of Solana futures ETFs attracted $78 million in net new money in the month after launching, ended on July 9. Meanwhile, real-world asset (RWA) tokenization is starting to hit Solana's chain and attract a lot of new capital. In late June, the crypto exchange Kraken and the tokenization company Backed listed the first tradable shares of a private company on Solana, joining tokenized versions of the stocks of major public businesses that already change hands on the network. Big banks and other financial institutions are launching money market fund tokens on Solana too, aiming to reduce collateral settlement times. These early wins matter because every asset parked on a chain tends to anchor value there, deepening network effects and generating fee revenue. The growth of decentralized physical infrastructure networks (DePIN) offers another pipeline of demand. There's currently a surge of venture funding into Solana-based wireless, rendering, and storage projects, with DePIN activity growing faster on the chain than on any rival chain during the first quarter of the year. More usage means more fees, which tightens float as projects lock up tokens for staking and security guarantees. Finally, cultural momentum still matters in crypto. On that front, meme coins, such as Bonk, routinely funnel thousands of first-time users onto Solana. But Bonk itself is notable because it's actually also a project that offers a low-friction launchpad for other meme coins. So, it has two mechanisms of bringing in new capital to Solana: direct investment in the token, and investment in its meme token launches. This promotion of speculative froth helps liquidity and keeps the spotlight on the ecosystem as it grows. What has to go right, and what could go wrong Even if Solana's historical (strongly positive) response to industry inflows holds, a near tripling in price still requires fresh money or a dramatic contraction of circulating supply. A spot ETF could do much of the heavy lifting if it launches before the holiday season, because retirement accounts and robo-advisors would finally have a compliant way to invest in the token. Assuming $10 billion of net creations, Solana's market cap could jump by $40 billion if issuers buy coins rather than futures. That alone could push the price north of $350, all else equal. Yet timing is tight. Any delay into early 2026 punts a key catalyst beyond our deadline. Liquidity conditions also matter a lot here. If the Federal Reserve pauses its rate cut cycle in response to sticky inflation, appetite for risk assets could stall. And while Solana's technology edge in throughput is very real, at about 65,000 transactions per second (TPS), some of the chain's perennial skeptics continue to fault it for its prior stretches of downtime, as minimal and transient as those were in the big scheme of things. Competition is stiff, too. Ethereum (CRYPTO: ETH) remains the default venue for most decentralized finance (DeFi) activity, and institutional investors may prefer its larger market cap and somewhat longer track record. Therefore, investors should be prudent. Dollar-cost averaging (DCAing) into a Solana position is wiser than chasing parabolic moves, and keeping dry powder ready for deep pullbacks can turn short-term volatility into long-term opportunity. In other words, SOL at $500 is possible, but not inevitable. For what it's worth, I'm betting on it -- and I'm not about to sell my coins if 2026 rolls around and the price is a bit short of the mark. Should you invest $1,000 in Solana right now? Before you buy stock in Solana, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Solana wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $638,629!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,098,838!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 29, 2025 Alex Carchidi has positions in Ethereum and Solana. The Motley Fool has positions in and recommends Ethereum and Solana. The Motley Fool has a disclosure policy. Could Solana Hit $500 Before 2026? was originally published by The Motley Fool Sign in to access your portfolio
