Norway’s $1.6 trillion wealth fund said it will vote next week against the election of Exxon Mobil Corp Director Joseph Hooley after the oil and gas giant filed a lawsuit against climate-focused shareholders. from Bloomberg Markets https://ift.tt/4qoRTW5
A once-niche stock trade beloved by hedge funds and volatility players has ballooned into one of the biggest options strategies on Wall Street, stirring fears it will get crushed by its own popularity. from Bloomberg Markets https://ift.tt/XGUtFli
Foreign investment into China slowed for a fourth straight month in April, underscoring Beijing’s struggle to attract more overseas funds to boost its flagging economic growth. from Bloomberg Markets https://ift.tt/oIFl53v
The European Central Bank is on track to lower borrowing costs at its next meeting, according to Bundesbank President Joachim Nagel. from Bloomberg Markets https://ift.tt/K1N6ptz
Lloyd Moffatt, founding partner at Wickhams Hill, discusses why he is short on Lifestyle Communities and the investment opportunities in the region. He speaks on “Daybreak Australia,” after the Sohn Hong Kong Investment Leaders Conference. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/Pp2eA4z
The Co-Founder of alternative asset management company, Tikehau Capital says a supply-demand imbalance in some illiquid assets, including real estate, is creating ‘buying opportunities.’ Mathieu Chabran discussed the firm’s investment outlook with Bloomberg’s Francine Lacqua. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/s3GflHi
Exploiting differences in interest rates is set to become one of the most popular investment strategies in coming months as markets bet shallower cuts will keep volatility subdued. from Bloomberg Markets https://ift.tt/A31S2yl
The global equities head at Artemis Investment Management says he likes “the dynamic for copper in terms of supply, demand balance.” Speaking on Bloomberg Television, Alex Stanic says interest in copper from the corporate side, like in the case of BHP trying to buy Anglo American, shows copper is “pretty well set.” (Source: Bloomberg) from…
Hong Kong’s secondhand residential prices fell for the fourth week to the lowest in more than two months, erasing the gains in values after the government removed property curbs in February. from Bloomberg Markets https://ift.tt/g08b9BO
French Finance Minister Bruno Le Maire said the Group of Seven needs to establish a fair and in-depth assessment of excess Chinese industrial exports and the tools countries can use to address it. from Bloomberg Markets https://ift.tt/zq6mkRT