News > All

Patron of Fintechs: Surveying Goldman Sachs Growing Portfolio of Tech Startups
As reported Tuesday this week, fintech startup Even Financial announced raising $18.8 million in Series A seed funding, a portion of which came from investment bank Goldman Sachs (NYSE: GS). Even Financial, whose flagship application program interface (API) collects and curates financial service products and offers for distribution on various bank and brokerage websites and user portals, is the latest
NYSE's Parent Co. Launching a Regulated Global Ecosystem For Bitcoin
In a move that could go a long way toward mainstreaming Bitcoin, the Intercontinental Exchange (ICE) - the parent company of the New York Stock Exchange - announced that it is launching a new company called Bakkt to create an open and regulated, global ecosystem for digital assets. In a press release, ICE said that it is expected to launch
Value Hedge Funds Biding Their Time as Calling a Top Gets Trickier
Hedge Funds
Any time the markets have been soaring up, up, and away, it’s only a matter of time before the tides will turn. Value hedge funds have been struggling as momentum and growth dominated the day, but we’re finally starting to see signs of change. HOT Q2 hedge fund letters, conference, scoops etc Multiple hedge funds have written in their second-quarter
ESG Integration and Engagement: South Africa Sovereign Credit
Environmental, social and governance (ESG) indicators are integral to PIMCO’s sovereign credit assessments, which inform our investment decisions. But how exactly do we incorporate ESG considerations into our decisions? In addition to rigorous analysis of ESG and other risk factors, in-country engagement is key for us to gain a holistic sense of broader developments, pinpoint country-specific risks, share in active
Report: Beijing-Based Crypto Mining Company On Pace to Hit $10B in Revenue For the Year
Forget everything you've heard about the struggles facing the cryptocurrency market - at least for a minute - because it turns out not everyone is struggling. Despite Bitcoin dropping about 60 percent from its record high point in December - with possibly more pain ahead - Bitmain, a crypto mining equipment behemoth in Beijing, is on pace to pull in
The Richest Gamers: Drake, Elon Musk and Other Famous Video Game Aficionados
Many of us, especially millennials, have experienced a situation when video games received a bad rap. Whether it was a mom saying you're “frying your brain” during the navigation of a "Halo" campaign, or societal labeling of expert gamers as “nerds,” just not the good kind. Luckily, society and its views on video games have shifted considerably. Not only does
Income Strategy Update: Sifting Global Change for Investment Opportunities
SUMMARY With PIMCO’s Secular Outlook as a guidepost, we are taking a more cautious and defensive approach in the Income Strategy while remaining poised to take advantage of market overshoots. We are maximizing the strategy’s flexibility, which includes increasing liquidity and diversification; unless we see a meaningful shift in market valuations, we plan to continue using diversification to temper volatility.
The Rise of Venture and Growth Capital in Europe
Venture Capital
With the value of venture capital transactions in Europe reaching a record high in 2017, we examine the impact of this on the exit and fundraising environments as well as investor interest in the region. Q2 hedge fund letters, conference, scoops etc While North America has historically dominated the venture capital industry, and despite Asia accounting for the greatest proportion
What Exactly is Elon Musk Doing?
By now you know what Elon Musk said he's thinking about doing: The Tesla founder and CEO took to Twitter on Tuesday to announce that he's considering taking his company private, shocking investors, Wall Street analysts and pretty much anyone not named Elon Musk. To be sure, Tesla's board released a brief statement on Wednesday to clarify that Musk had
Cramer Compares Sonos IPO to Fitbit: 'Way Too Risky'
Fitness tracker and smart watch maker Fitbit Inc (NYSE: FIT) saw its stock initially move higher after its 2015 initial public offering, but has since fallen out of favor with investors — and the same may happen with newly public smart speaker maker Sonos Inc (NASDAQ: SONO), according to CNBC's Jim Cramer. What He Said The bullish case for Fitbit's