A Wealth of Common Sense

JULY 14, 2024

Here’s a scenario I was presented with recently: Five years ago, a relatively conservative investor was sitting on some cash and seeking a more balanced portfolio. To keep things simple, this investor split the difference between stocks and bonds by allocating 50% to equities and 50% to fixed income. Five years later there is a clear winner in terms of performance within this 50/50 portfolio: You basically doubled.

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The Motley Fool

JULY 19, 2024

When it comes to keeping tabs on your money, net income often steals the spotlight. While knowing your income is important, tracking your net worth is a crucial step to ensure you are progressing toward your financial goals. Essentially, you can think of your net worth as your personal balance sheet. It's the sum of all your assets -- everything you own, such as cash savings, certificates of deposit, and retirement accounts --minus your liabilities, which include everything you owe, such as cred

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American Investment Council

JULY 18, 2024

Maloney : “Strong private equity returns ensure that tens of millions of dedicated public servants can depend on a well-funded pension to support their well-deserved retirement.” Washington, D.C. – Today, the American Investment Council released its 2024 public pension study showing that private equity once again delivered the strongest returns for public pension portfolios.

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FinSMEs

JULY 16, 2024

Singapore, Singapore, 16th July 2024, Chainwire The post PEXX Raises $4.5 Million in Seed Funding for its Innovative Stablecoin-to-Fiat Payment Platform appeared first on FinSMEs.

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A Wealth of Common Sense

JULY 16, 2024

There aren’t all that many millionaires in the world. People with wealth in excess of $1 million make up just 1.5% of the world’s population. Yet this group controls nearly half of the world’s wealth (around $214 trillion in total). There are even fewer billionaires — a little less than 2,700 worldwide or a number that rounds down to 0% of the global population.

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The Motley Fool

JULY 19, 2024

In most years, retirees on Social Security receive a cost-of-living adjustment, or COLA. COLAs are built into the basic design of the program because they have to be. Inflation causes costs to rise, and seniors on fixed incomes must see their Social Security go up as well or they'd be able to buy less each year with their money. While COLAs are common, something very unusual is likely to happen in 2025.

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FinSMEs

JULY 17, 2024

aiXplain, a San Jose, CA-based provider of essential infrastructure for accelerated AI development, raised $6.5M in Series A funding. The round, which brought the total amount to $16.5M, was led by Wa’ed Ventures. Osama Elkady and Kane Minkus also participated. The company intends to use the funds to expand operations and its development efforts. Led […] The post aiXplain Raises $6.5M in Pre-Series A Funding appeared first on FinSMEs.

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A Wealth of Common Sense

JULY 18, 2024

A reader asks: As someone that spends too much time thinking about buying a lake house, I would love to hear your thoughts. The argument that you will feel tied down and obligated to go to the lake house at the expense of other travel worries me. A few weeks ago I wrote about my all-time high in savings and why it was a mistake. Here’s something I shared: But I no longer feel it’s necessary to go over and abov.

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The Motley Fool

JULY 19, 2024

Image source: Getty Images The way we think about retirement is changing. For years, many people saw retirement as a chance to relax and unwind after years in the workforce. Retirees planned to see the world, work on their bucket lists, or spend time with friends and family. The State of Retirement Planning study by Fidelity Investments found that more than half of future retirees now plan to start a business when they retire, and two-thirds plan to do a phased retirement, where they work part-t

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Private Equity Wire

JULY 19, 2024

Blackstone has reported a 3% increase in second-quarter distributable earnings compared to the previous year, attributed to significant asset sales in its private equity and credit divisions, which offset a downturn in real estate, according to a report by Reuters. The performance of the New York-based investment firm reflects the impact of prolonged high interest rates, which have simultaneously hindered and helped various segments of its operations.

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FinSMEs

JULY 18, 2024

Momento, a Seattle, WA-based provider of a real-time data platform, raised $15M in Series A funding. The round was led by Bain Capital Ventures, with participation from The General Partnership, Marianna Tessel Neha Narkhede, Tom Killalea, Don MacAskill, and John Lilly. The company intends to use the funds to accelerate enterprise sales and to expand […] The post Momento Raises $15M in Series A Funding appeared first on FinSMEs.

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A Wealth of Common Sense

JULY 19, 2024

The Fed will likely begin cutting interest rates in the months ahead, for good reason. Last week felt like a victory against high inflation: We’ve now had no price increases on the overall inflation rate for two months.1 Some pundits still aren’t so sure it’s time to take a victory lap just yet. What about the 1970s? There was a spike in inflation at the outset of the decade, it fell, then re-accelerate.

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The Motley Fool

JULY 19, 2024

When it comes to billionaire money managers, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett is on a pedestal of his very own. Since taking the reins at Berkshire Hathaway in the mid-1960s, the affably dubbed "Oracle of Omaha" has overseen an aggregate return in his company's Class A shares (BRK.A) of a scorching-hot 5,422,618%, as of the closing bell on July 17.

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Top 1000 Funds

JULY 17, 2024

The United Nations Joint Staff Pension Fund (UNJSPF) recently reduced the allocation to equity in its $92.5 billion portfolio in what Pedro Guazo, representative of the secretary-general (RSG) for the investment of the UNJSPF assets, describes as a conservative strategic allocation in response to the overvaluation in tech.

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FinSMEs

JULY 16, 2024

Predicta Biosciences, a Boston, MA-based precision oncology company developing diagnostic and therapeutic products, raised $5.2M in Seed funding. The round was led by The Engine Ventures, with participation from Illumina Ventures, Time Boost Capital, the American Cancer Society Bright Edge and the Oetgen family. Jay Wohlgemuth, former CMO of Quest Diagnostics, Mara Aspinall, former CEO of Roche Tissue Diagnostics and Partner […] The post Predicta Biosciences Raises $5.2M in Seed Funding ap

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Private Equity Wire

JULY 19, 2024

Lloyds Bank and Oaktree Capital Management, today formed a new strategic partnership to support UK middle-market sponsor-backed borrowers. The two companies are planning to deploy up to £1bn over the next few years in loans of up to £175m. The Lloyds Bank Structured Debt Finance team will partner with Oaktree’s European Private Debt platform to provide clients with a senior debt solution for new buyouts and refinancings with term debt, acquisition and working capital facilities in addition to ag

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The Motley Fool

JULY 19, 2024

UBS analysts estimate that artificial intelligence (AI) spending will approach $1.2 trillion annually by 2027. Semiconductor companies Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) have already benefited from that opportunity, and enthusiasm about their ability to monetize AI has driven both stocks higher. Since November 2022, shares of Nvidia and Broadcom have advanced 765% and 300%, respectively.

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FMG

JULY 18, 2024

An excellent advisor website can make all the difference in connecting with a potential client. That’s why we’re proud to partner with LPL Financial advisors to help keep their sites up-to-date and modern, with clear value propositions, easy navigation, engaging content, and more. Here are 5 LPL Financial advisor websites that highlight what makes an advisor site great while bringing traffic to their site : 1.

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Best Practices 97

FinSMEs

JULY 15, 2024

Alvys, a Solana Beach, CA-based provider of a logistics operating platform for logistics and supply chain management, raised $20.5M in Series A funding. The round was led by Titanium Ventures (formerly Telstra Ventures), with participation from RTP, Bonfire and Picus Capital. The company intends to use the funds to accelerate its growth, further enhance the […] The post Alvys Raises $20.5M in Series A Funding appeared first on FinSMEs.

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Private Equity Wire

JULY 19, 2024

Three private equity powerhouses, Bain Capital, Permira and Veritas Capital, are in the final stages of a fierce auction for the school operator Nord Anglia, in what could be one of Europe’s largest deals this year, according to a report by the Financial Times. The report cites unnamed sources familiar with the process, as coffering that final bids for a majority stake in the London-based group are due later this month, potentially valuing the business at up to $15bn.

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The Motley Fool

JULY 19, 2024

Image source: Getty Images I love entrepreneurs. Having the passion, vision, skill, and willingness to take a chance on a bold new idea is no small thing. Personally, I have started four businesses (three of which have been successful). Now, this is the point in the article where I am supposed to tell you that I learned the most from the business that failed, right?

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Financial Times: Moral Money

JULY 16, 2024

ESG investing was until recently a buzzword in global finance, the party was in full swing, the marketing material was everywhere and the money was rolling in. But asset managers are no longer boasting about their environmental, social and governance credentials after poor performance, greenwashing scandals and a political backlash in the US. So who killed the ESG party?

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FinSMEs

JULY 16, 2024

Exa, a San Francisco, CA-based AI research lab redesigning search for the AI age, raised $22M in seed and Series A funding. The round was led by Lightspeed Venture Partners, with participation from NVentures, NVIDIA’s venture capital arm, and Y Combinator. The company intends to use the funds to expand operations and its development efforts […] The post Exa Raises $22M in Series A Funding appeared first on FinSMEs.

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Private Equity Wire

JULY 19, 2024

Mobeus Equity Partners has exited The Boundary, a provider of architectural visualisation software, to UK private equity firm Kester Capital, which has backed the existing management team. The exit marks the fifth realisation for Mobeus 1. The firm is currently investing Mobeus 2, which completed its seventh investment in May. Mobeus initially invested in The Boundary in 2021, after which the studio’s profits grew by 2.5x, according to a statement.

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The Motley Fool

JULY 19, 2024

Nvidia (NASDAQ: NVDA) has wowed investors over the past few years with its earnings growth and its share performance. This happened as the company shifted focus from the gaming industry to a position central to the development of today's most talked-about technology: artificial intelligence (AI). Nvidia makes graphics processing units (GPUs) that power crucial AI tasks like training and inference, as well as a broad array of AI products and services.

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Financial Times M&A

JULY 17, 2024

Group behind CNN and HBO has discussed options including spin-off of its streaming service and movie studio

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FinSMEs

JULY 18, 2024

Planned, a Montreal, Canada-based provider of an end-to-end solution for travel & events, raised $35M in Series B funding. The round, which brought the total amount to $65M, was led by Drive Capital, with the participation of Outsiders Fund and two other firms. In addition to the funding announcement, Planned added Frederic Lalonde, CEO and Co-Founder […] The post Planned Raises $35M in Series B Funding appeared first on FinSMEs.

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Private Equity Wire

JULY 18, 2024

Global private capital advisor Campbell Lutyens has promoted five to Managing Director across its New York (Nick Best, Alex Jerez-Fernandez and Brendan Webb), London (James Windsor) and Paris (Victor de Brondeau) offices. Best joined the firm in 2018 as an executive on the firm’s US secondaries team. He advises on GP-led and LP-led secondary transactions across asset classes.

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The Motley Fool

JULY 19, 2024

Image source: Getty Images As a family of five, I can tell you that second to housing, food is my household's largest monthly expense. We spend more money on groceries than we do on transportation, despite being a two-car household (to be fair, one vehicle is paid off). Because of this, I'm always looking for ways to save money in the course of putting food on the table.

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Financial Times M&A

JULY 18, 2024

Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership

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Stakes Investing 111

FinSMEs

JULY 16, 2024

Making Space, a Los Angeles, CA-based provider of a B2B SaaS talent acquisition and learning platform for companies to train, access, and retain pre-qualified disabled talent, raises $2M in Pre-Seed funding. The round was led by Beta Boom, with participation from JFFVentures, FullCircle, American Student Assistance (ASA), ECMC Foundation, SmartJob, Mindshift Capital, Techstars and other investors. […] The post Making Space Raises $2M Pre-Seed Round appeared first on FinSMEs.

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Private Equity Wire

JULY 17, 2024

LDC, a private equity investor which is part of Lloyds Banking Group, has exited its investment in education sector employment recruitment specialist The Edwin Group to Quad Partners, following a three-and-a-half-year partnership. The Edwin Group employs education specialists who work nationally with schools and multi-academy trusts to recruit and retain leaders, teachers and support staff.

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The Motley Fool

JULY 18, 2024

Costco Wholesale (NASDAQ: COST) is one of the more expensive retail stocks you can buy. It trades at a price-to-earnings multiple north of 50 and its market cap is $370 billion. In just five years, the shares have soared by 200%. While Costco has a great business, the biggest reason to not invest in the company today is its high valuation. But investors shouldn't count out this stock in either the short or long term.

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Financial Times - Banking

JULY 15, 2024

US investment bank’s results were also helped by stronger performance from its equities and fixed income businesses

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