Why the surge in bankruptcies is no cause for panic, says Oxford Economics by Andrea Zander | Feb 1, 2024 After an average increase in bankruptcies of nearly 50 percent across the G7 from 2021-2023, a further double-digit rise is likely in 2024. But while the surge in bankruptcies sounds alarming, it comes from abnormally low levels during the pandemic, according to Oxford Economics.
Fed keeps rates steady and will watch for further good data before making any cuts by Lewis Dayton | Feb 1, 2024 The Federal Open Market Committee once again moved to keep its rates steady during its meeting on Jan. 31. The decision to keep rates between 5.25 and 5.5 per cent comes as Fed chair Jerome Powell stressed the importance of continued progress towards a two percent inflation target.
Cabot Properties closes seventh industrial value fund with $1.57b by Lewis Dayton | Jan 31, 2024 Cabot Properties held a final close for its Cabot Industrial Value Fund VII.
The BRICS Wealth Report: Challenging the global economic order by Released | Jan 31, 2024 The total investable wealth now held in the BRICS bloc amounts to $45 trillion, and its millionaire population is expected to rise by 85 percent during the next 10 years.
High gold price reflects strong demand by Andrea Zander | Jan 31, 2024 Annual gold demand (excluding transactions that take place over-the-counter, OTC) of 4,448 tons was 5 percent below a very strong 2022, according to the World Gold Council.
Alternative Investment Exchange reports record 2023 growth by Released | Jan 31, 2024 Alternative Investment Exchange (AIX) has reported record 2023 growth.
Walker & Dunlop Investment Partners closes multifamily debt fund by Andrea Zander | Jan 31, 2024 Walker & Dunlop Investors Partners (WDIP) has closed its latest fund, part of a planned series of funds focused on multifamily bridge financing.
Savvy Wealth launches investment management program by Released | Jan 31, 2024 Savvy Wealth and the parent company of Savvy Advisers have launched Savvy Wealth Investment Management.
Wedbush Financial Services welcomes Kevin White by Released | Jan 31, 2024 Wedbush Financial Services (WFS), a diversified financial services holding company, has hired Kevin White as executive vice president and senior adviser.
Cove Capital raises $164m from accredited 1031 exchange, direct cash investors in 2023 by Andrea Zander | Jan 30, 2024 Cove Capital Investments closed $164 million of equity capital from accredited 1031 exchange and direct cash investors by the end of 2023.
