by Jibran Munaf | August 29, 2024 | Corporate Finance, Wealth Management
Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, marking the first non-technology company in the United States to achieve this milestone. This achievement highlights the unique position of Berkshire Hathaway in the market,...
by Jennifer George | August 27, 2024 | Finance, Financial Education & Literacy, Personal Finance, Trending Now, Wealth Management
In the 2023 Global Gender Gap Index, the UAE emerged as one of leading countries with the highest gender parity in the world. Global gender statistics and research focus on key socio-economic indicators that quantify the extent of a level playing field for both...
by Vasu Jit Kalia | August 20, 2024 | Wealth Management
Dubai-based Magellen Capital Holdings LTD. is launching a $700 million multi-strategy hedge fund next month, further cementing the city’s status as a global hub. The fund will run equity and credit strategies, according to Britney Lam, head of long-short...
by Jibran Munaf | August 16, 2024 | Corporate Finance, Finance, News, Wealth Management
A popular yen-centered carry trade that blew up spectacularly two weeks ago is staging a comeback. Japan’s currency has weakened more than 5% against the dollar since August 5, when a cocktail of hawkish Japan monetary policy moves, jitters around US earnings, and a...
by Jennifer George | July 29, 2024 | Banking, Industry, News, Technology, Wealth Management
JPMorgan Chase CEO Jamie Dimon acknowledges that AI has taken over every facet of our lives and will transform the way we work. To capitalize on the AI wave, the bank has introduced a generative AI tool that “can offer information, solutions, and advice on a...
by Jibran Munaf | June 25, 2024 | Investment Banking, News, Wealth Management
Hedge funds are increasingly optimistic about the UK, boosting bets for a stronger pound to the highest in nine months on hopes that the upcoming election will cement the country’s shift to more stable, centrist policies. Hedge funds and leveraged investors are...
