Wall Street’s “Barbarians at the Gate” are slowing down after nearly 25 years of beating the stock market. Earlier this month, investment firm Hamilton Lane issued a report showing that the MSCI World Index, a leading stock market indicator, beat out private equity returns for the first time since the dot-com bubble burst in 2000….
Baby boomers’ hopes of retiring comfortably could be at risk if stocks keep falling. Older Americans could be forced to delay retirement, resume working, or cut back on spending. Retirement gurus shared a range of strategies to preserve their nest eggs. Baby boomers’ dreams of a comfy retirement are in jeopardy as a flagging stock…
Global fund managers dumped a record amount of US stock during last week’s sell-off, BofA found. The surveyed investors expressed pessimism around the global economic-growth picture. Stagflation was a commonly-cited fear, with expectations for the scenario at the highest since late 2023. As US stocks slipped into a 10% correction last week, investors were dumping…
Hong Kong has awarded Singapore’s Mapletree Investments a 50-year land grant to a parcel of land in the New Territories for about HK$3.68 billion (US$473 million), according to the Lands Department on Tuesday. Mapletree’s unit Titanium 2 was the sole bidder for the 44,318-square-metre (477,000 sq ft) logistics site in Tsing Yi following a tender…