BlackRock Keeps Getting Bigger
Growing demand for its exchange traded funds helped BlackRock pull in $104bn of new client money in the second quarter, taking the pool of cash run by the world’s largest asset manager to a total of $5.68tn. The company’s second-quarter earnings had risen 9 percent as investors continued to pour money into the company’s expanding fleet of exchange traded funds.
- 17/07/2017
- 2
A Global Transition in Power
The United States' strategy has been to isolate Russia internationally. Evidently, it is Washington that is becoming more isolated on the global stage. This week in the run-up to the G20 summit in Germany, the reverse in fortunes could not be more glaring.
- 08/07/2017
- 2
The FoodTech Takeover is Underway
While innovation flows freely in every industry, from time to time the media latches onto a particular tech wave or flavour. Flavours of the week have gone by with the seasons, from FinTech to LegalTech. But one of the most lucrative and untapped markets is in what we put into our stomachs: FoodTech.
- 22/06/2017
- 0
Green Bonds and Climate Change
In the wake of President Trump’s decision to withdraw from the Paris agreement, more than 300 cities have pledged to reduce greenhouse-gas emissions in line with the Paris targets. Green bonds have become more popular, witnessing an unprecedented global surge in issuance in a bid to reconcile investment opportunities and climate change. It is a difficult trade-off to achieve in a future that could be perhaps greener than ever.
- 20/06/2017
- 2
Amazon Acquires Whole Foods
Online retail giant Amazon is buying Whole Foods (WFM) in a $13.7 billion deal that marks its biggest push into traditional retailing yet. Amazon, which has long eyed the grocery business, will buy the upmarket supermarket for $42 a share.
- 16/06/2017
- 4
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