Month: November 2019

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Trading Ideas

Warburg Pincus to raise up to $1.5 billion for first India-focused fund – sources

November 28, 2019 admin Comments Off on Warburg Pincus to raise up to $1.5 billion for first India-focused fund – sources

Private equity firm Warburg Pincus LLC is looking to raise up to $1.5 billion for its first fund targeting deals in India, two people familiar with the matter told Reuters, betting on a surge in investment opportunities in Asia’s third-largest economy. Warburg plans finish fundraising on its India-focussed fund, which will target industrial sectors such as financial, manufacturing and consumer, by the first half of next year, said one of the people. Launches of India-focused private equity funds are rare, and big global buyout firms such as KKR & Co Inc, Bain Capital and Blackstone Group Inc typically …read more […]

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Business News

Australia’s Westpac to refund people who bought new shares before money laundering bombshell

November 28, 2019 admin Comments Off on Australia’s Westpac to refund people who bought new shares before money laundering bombshell

Australia’s Westpac Banking Corp offered to refund investors who bought new shares weeks before a bombshell lawsuit accusing it of millions of breaches of money laundering laws, a rare step to fend off criticism about its transparency.

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Trading Ideas

Here is the 23rd Most Popular Stock Among 752 Hedge Funds

November 28, 2019 admin Comments Off on Here is the 23rd Most Popular Stock Among 752 Hedge Funds

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the third quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]

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Trading Ideas

Here is the 13th Most Popular Stock Among 752 Hedge Funds

November 28, 2019 admin Comments Off on Here is the 13th Most Popular Stock Among 752 Hedge Funds

Is Bank of America Corporation (NYSE:BAC) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but […] …read more […]

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Trading Ideas

India plans to cap commissions for Uber, Ola: Economic Times

November 28, 2019 admin Comments Off on India plans to cap commissions for Uber, Ola: Economic Times

India plans to cap commissions app-based taxi aggregators such as Uber and home-grown Ola earn on rides to a maximum 10% of the total fare, financial daily Economic Times (ET) reported on Thursday, citing people privy to the matter. The potential move could be another blow to San Francisco-based Uber after the ride-hailing firm was stripped of its license to carry paying passengers in London on Monday for the second time in just over two years over a “pattern of failures” on safety and security. Ola too has announced its expansion into London, a market also occupied …read more […]