BlackRock ties Fink’s pay to private market expansion

Jan 14, 2025 | Markets, Private Markets

Summary BlackRock assets hit record $11.6 trillion last year ‘Carried interest’ incentive follows aggressive 2024 expansion New Fink package to start with end-2024 compensation Top asset manager BlackRock said on Friday it has changed the way Chairman and...

Stocks Are Close to Wiping Out Trump Bump as Rate Fears Kick In

Jan 13, 2025 | Markets

S&P 500 briefly falls below closing level before Trump’s win Rally in Treasury yields sends ripples through equities market It’s the round-trip ticket no one on Wall Street wanted. The S&P 500 Index on Monday briefly dropped below where it ended on Nov. 5,...

Franklin Templeton and Lexington Partners Launch First Registered Tender Offer Private Equity Secondaries Fund for U.S. Wealth Channel

Jan 13, 2025 | Markets, Private Markets

Franklin Templeton announced today the launch of its first continuously offered fund focused on secondary private equity investments. Co-advised by Franklin Templeton and Lexington Partners, a pioneer in the private equity secondary and co-investment markets, the...

Option Trades in China ETFs Swing From Gain to $100 Million Loss

Jan 10, 2025 | Markets

Options trades were up some $138 million in early December Chinese stock indexes retreat into bear market on geopolitics Traders who briefly had been sitting on more than $100 million in paper profits after buying call options in early December on a pair of tiny...

UK Markets Cap Dire Week With Yields Stuck Near Decade Highs

Jan 10, 2025 | Markets

UK 10-, 30-year gilts headed for worst week in a year Investors remain worried about UK’s fiscal, inflation outlook A hectic week for UK bond and currency traders came to an end with yields stuck near the highest levels in years and the pound at its weakest since late...

US Consumer Inflation Expectations Jump to Highest Since 2008

Jan 10, 2025 | Markets

Long-term inflation views rose to 3.3% in Michigan survey Preliminary January consumer sentiment index eased to 73.2 US consumers’ long-term inflation expectations jumped to the highest since 2008 on concerns about potential tariffs from the incoming Trump...