- Wall Street’s AI ‘bubble’ echoes dotcom excesses, Ray Dalio warns “The warning from Dalio, the founder of hedge fund Bridgewater Associates and one of the highest-profile figures on Wall Street, comes as concerns swirl over whether the boom in US AI stocks has gone too far. Investors also remain concerned about elevated borrowing costs, worries that sharpened after Federal Reserve officials in December trimmed their expectations for rate cuts this year.” (FT.com)
- Top 15 Value Creators in the Fund Industry “Not surprisingly, nine of the 15 funds are low-cost passively managed funds that track broad market indexes. As passive management has consistently gained market share, buying the market and keeping costs low has been a winning strategy.” (Morningstar)
- Single-Stock ETFs in Spotlight as DeepSeek Batters Tech “While shares of AI poster child Nvidia Corp. fell 16% Monday afternoon on worries upstart Chinese competitor DeepSeek will grab AI market share from domestic chipmakers, exchange-traded funds offering single-stock leveraged exposure to Nvidia magnified market turbulence.” (ETF.com)
- Private Credit’s Big Squeeze: How the Arms Race for Scale Is Reshaping the Market “The benefits of scale, however, may have diminishing returns beyond certain thresholds. As funds grow in size, deploying capital effectively becomes more challenging—fewer deals are large enough for these firms to allocate capital efficiently.” (Observer)
- Investors Sell Record $162B PE Stakes on Secondary Market “In all, the secondary markets moved 45% more in asset value than in 2023 and recorded a more than 20% increase on the previous peak in 2021, according to an analysis by Jefferies.” (FundFire)
- Ask Your Advisor These Questions Before Investing in Liquid Alts “The idea behind using a liquid alternative is to add something different that maybe won’t respond as directly to stock market moves or interest-rate moves. And that is the diversification benefit that I think people should be looking for when they look for liquid alternatives.” (Morningstar)
- Nearly 80% of tech companies are considering a secondary share sale in the next year “Some 78% of tech companies said they were very likely or somewhat likely to sell secondaries — existing shares in a private company owned by investors, founders or employees — in the next 12 months, according to a new report by equity management platform Ledgy, which surveyed 2,550 respondents in private companies across Europe, the UK and the US.” (sifted)
- 2025 U.S. Investor Intentions Survey: Investment Activity Poised for Growth “CBRE’s 2025 U.S. Investor Intentions Survey found that investor optimism this year is tempered by uncertainty and risks. Elevated and volatile long-term interest rates were the biggest challenge cited by investors. Nevertheless, 54% expect that overall investment activity will begin to recover by the first half of 2025.” (CBRE)
- Bitcoin and Ethereum ETFs Attract $1.9 Billion Amid Trump’s Crypto Push “Cryptocurrency investment products, including Bitcoin and Ethereum ETFs, pulled in an impressive $1.9 billion last week, highlighting a continued surge in demand for digital assets. The data, shared by Coin Shares, reflects inflows during the seven-day period ending January 25, 2025, marking the second consecutive week that inflows have hovered near the $2 billion mark.” (The Currency Analytics)
- Howard Lutnick discloses assets ahead of confirmation as US commerce secretary “Documents released by the U.S. Office of Government Ethics showed Lutnick, who is the CEO of brokerage firm Cantor Fitzgerald, earned nearly $200 million through the brokerage firm.” (Reuters)
0 comments
Hide comments
