Investment flows into mutual funds and exchange-traded funds reinforce the degree to which large technology stocks have dominated the U.S. stock market this year—that is, until this month’s well-documented rotation out of those stocks. Technology funds attracted $4.2 billion in net inflows in the second quarter, wrapping up a first half in which when they
Gail and Bill, J.D. ’78, RobinsonMiddle-class college applicants face a common conundrum: their families make too much money to qualify for financial assistance but too little money to afford the high costs of college outright. As a result, these students often take out large loans to pay for their education. Bill, J.D. ’78, and Gail
Blackstone has officially completed its $1.6-billion acquisition of Hipgnosis Songs Fund (HSF), bringing an end to the six-year-old, London-listed investment trust that amassed a catalog of 65,000 copyrights including songs by Red Hot Chili Peppers, Journey, Shakira and Neil Young. Following a shareholder vote on July 8 and a court approval on Friday (July 26),
The United States 12 Month Natural Gas Fund, LP (NYSE Arca: UNL), a commodity pool operating as a limited partnership, disclosed its monthly financial statement for June 2024 today, highlighting its performance and net asset value changes. The financial statement, which includes a Statement of Income (Loss) and a Statement of Changes in Net Asset
Georgia Tech has just announced some huge news regarding fundraising. The Alexander-Tharpe Fund, Georgia Tech athletics’ fundraising arm has contributed a record $78,197,499 to Tech athletics during the 2024 fiscal year, which ended on June 30. The $78 million-plus raised shattered the previous record for single-year A-T Fund donations and represents a 161% year-over-year increase.
The Paris 2024 Olympic Games will feature no fewer than 32 sports, each with various disciplines. Among them is modern pentathlon, consisting of five different sports: fencing, freestyle swimming, equestrian show jumping, pistol shooting, and cross-country running. This event is like a microcosm of the Olympic Games themselves: five very different sports requiring diverse skills,
Somerset Capital’s collapse in December last year highlighted just how reliant asset managers can be on the UK’s largest wealth management group. Reports at the time indicated that Somerset’s assets under management (AUM) had dropped by two-thirds after St James’s Place (SJP) withdrew a mandate from the emerging markets specialist. This was not the first time
Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In Q2, data indicated strong US economic activity and a robust labor market, while inflation gradually moved closer to the Fed’s 2% target. In the second quarter, its Investor
Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE:DPG – Get Free Report) declared a monthly dividend on Monday, June 17th, Zacks reports. Investors of record on Wednesday, July 31st will be paid a dividend of 0.07 per share by the investment management company on Monday, August 12th. This represents a $0.84 annualized dividend and
WASHINGTON – As Andre Jacque struggles to gain fundraising steam in his northeastern Wisconsin congressional primary race, he appears to be turning to his old state Senate campaign coffers for help. Campaign finance records show that, beginning in March, Jacque, a Republican state senator from De Pere, doled out $23,500 from his state Senate campaign