Tesla’s ‘most important catalyst is the Cybertruck’: Fund manager Gary Black

Tesla (TSLA) stock is jumping for a second day as investors and analysts continue to break down what was revealed during Tesla’s Q4 earnings report. While Tesla beat on both the top and bottom lines, CEO Elon Musk’s comments during the conference call really piqued investors’ interest. One of the juiciest nuggets: Following price cuts … Read more

Artificial intelligence pioneers back $550mn fund for AI start-ups

Artificial intelligence pioneers are backing a new $550mn fund dedicated to investing in AI start ups, in a move that bucks the wider downturn in tech dealmaking. Toronto-based Radical Ventures said it has received investment from several leaders in the AI field. This includes Fei-Fei Li, creator of the influential ImageNet project, Geoffrey Hinton, the … Read more

Red states slap Biden administration with lawsuit over climate friendly retirement fund rules

Republican-led states filed a federal lawsuit Thursday against the Department of Labor over a rule set to take effect Monday that would allow retirement fund managers to consider climate change and other factors under environmental, social and governance investing principles, or ESG. The attorneys general from 25 states argued that the ESG rules soon to … Read more

Rs 50,000-crore SRI Fund: Rs 3,000 crore invested in over 140 MSMEs, says SBI Chairman Dinesh Khara

Rs 50,000-crore SRI Fund: Rs 3,000 crore invested in over 140 MSMEs, says SBI Chairman Dinesh Khara

Credit and finance for MSMEs: The MSME Ministry’s Rs 50,000-crore Self-Reliant India (SRI) fund, which is managed by the public lender State Bank of India’s (SBI) private equity arm SBICAP Ventures (SVL), has invested Rs 3,000 crore in more than 140 MSMEs, said SBI Chairman Dinesh Khara at an event on Monday. SRI fund is … Read more

OPEC Fund Debuts US$1bn SDG Bond For Development Finance

  The OPEC Fund for International Development, a development institution established by the Organization of the Petroleum Exporting Countries’ member governments, has raised $1 billion by selling its first ever bond. With the money earmarked for food security, healthcare, infrastructure, education, employment and renewable energy projects, the three-year bond which will pay investors an interest … Read more

Brookfield Property Fund for Rich Investors Drops as Rates Rise

Brookfield Place

(Bloomberg)—A Brookfield Asset Management Inc. property fund for affluent investors posted its second consecutive monthly decline in December as rising interest rates weigh on the industry. Brookfield Real Estate Income Trust dropped 1.6% in December, following a 1.9% decline in November. The fund has had only one other losing month since its inception in 2019, … Read more

Time’s Up to halt operations, shift resources to legal fund

NEW YORK (AP) — The Golden Globes carpet typically glitters with crystal-studded gowns in pastel hues, but it looked different in January 2018: The ballgowns were black, and the night’s key accessory was a pin that read “Time’s Up.” Onstage, Oprah Winfrey brought guests to their feet with a warning to powerful abusers: “Their time … Read more

Privium Fund Management B.V. Sells 10,950 Shares of Autodesk, Inc. (NASDAQ:ADSK)

Autodesk logo

Privium Fund Management B.V. cut its stake in Autodesk, Inc. (NASDAQ:ADSK – Get Rating) by 60.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,190 shares of the software company’s stock after selling 10,950 shares during the quarter. Privium Fund Management B.V.’s … Read more