Natali_Mis/iStock via Getty Images SuRo Capital (NASDAQ:SSSS) estimated its net asset value per share to be $6.70-$7.20 at June 30, 2024, representing -6.6% to +0.4% from $7.17 at March 31, 2024, the company said on Thursday. “We remain incredibly enthusiastic about both our investment pipeline and our current portfolio asContinue Reading
Goldman Sachs updated its estimate for net inflows into digital assets year-to-date (YTD), revising the figure down from $12 billion to $8 billion. This significant adjustment comes after a reassessment of various contributing factors over the past month. The initial $12 billion estimate as of June 12 was based onContinue Reading
Chinnapong/iStock Editorial via Getty Images Digital asset investment products recorded $441M of net inflows last week, bucking a three-week strong of net outflows, CoinShares said in a Monday report. Bitcoin (BTC-USD), which slid 6.1% for the week ended July 5, accounted for $398M, or 90%, of the total inflows. InvestorsContinue Reading
CUHRIG/E+ via Getty Images South32 (OTCPK:SOUHY) said Monday it secured approval from the Australian Foreign Investment Review Board for the sale of its Illawarra metallurgical coal assets to an entity owned by Golden Energy and Resources and coal trader M Resources. The $1.65B deal announced in February – comprised ofContinue Reading
Rapid7 (NASDAQ:RPD) signed an agreement to buy Noetic Cyber, a cyber asset attack surface management company. The acquisition of Noetic Cyber is expected to close during Rapid7’s fiscal third quarter and is not expected to have a material impact on the company’s 2024 annualized recurring revenue. The addition of Noetic’sContinue Reading
Panama7/iStock Editorial via Getty Images Eni (NYSE:E) is looking to raise more than €4B (~$4.3B) from disposals in its global upstream business, as part of a broader strategy of selling €8B in assets over the next three years, Bloomberg reported Monday. The dual approach drawn up by CEO Claudio DescalziContinue Reading
Hywin Holdings (NASDAQ:HYW) announces updates on its plan for strategic business transformation, which includes completely exiting the wealth management and asset management businesses by terminating the China VIE Agreements. The company’s other plans include shifting its business focus towards the technology sector and changing the company’s name to Santech HoldingsContinue Reading
thamerpic/iStock Editorial via Getty Images U.K. asset manager Legal & General Investment Management said Wednesday it will sell some of its Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) shares because of concerns about its production of thermal coal. LGIM said its decision followed last year’s shareholder resolution at Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) that requested theContinue Reading
Middlefield, the manager of Middlefield Global Real Asset Fund, on Tuesday announced that Real Asset intends to merge into Real Estate Split (TSX:RS:CA), a split share corporation founded in 2020. The investment objectives of Real Estate Split are to provide holders of Class A shares with non-cumulative monthly cash distributionsContinue Reading
Singapore, Singapore, June 24th, 2024, Chainwire In an industry where traditional barriers often exclude the average investor from high-value assets, iRA Blocks emerges as a game-changer, leveraging blockchain to bring real-world assets within reach of the masses. The financial industry has long been characterized by its exclusivity, particularly when itContinue Reading
