#institutional-investors

#institutional-investors

Real estate investment management firm Pretium Partners is acquiring thousands of homes from home construction company D.R. Horton Inc. in a $1.5 billion deal, as Bloomberg first reported.The deal includes a combination of completed homes and homes that are not yet finished, according to the outlet, which cited people familiar with the transaction who asked not to be named.

Nonbank mortgage lender and servicer has signed a definitive agreement to acquire the investment management firm Roosevelt Management Company, LLC., the company confirmed on Friday.The deal also includes the operations for affiliated company Rushmore Loan Management Services, LLC."This acquisition will provide us with an asset management platform to raise third-party capital on an ongoing basis from institutional investors who seek exposure to MSRs and other mortgage assets," Chris Marshall, vice chairman and president of Mr. Cooper, told analysts during a call on Friday.

Pressure on zero-yield generating bank deposits is expected to continue, which makes ether (ETH) yields more attractive, Bernstein said in a research report on Monday.Currently, the flight is from bank deposits to the U.S. Treasury money markets, but as the ether yield economy becomes more mainstream, "it is hard not see more demand for ETH deposits and ETH yields," analysts Gautam Chhugani and Manas Agrawal wrote.

Orbit Markets, an institutional liquidity provider of crypto options, is rolling out the first bitcoin and gold hybrid-focused derivative product with execution broker PI Digital.The initiative is among the latest developments among crypto industry firms to provide steady returns during periods of macroeconomic uncertainty.

The U.S. regulatory crackdown is pushing American crypto firms to look for opportunities overseas, JPMorgan (JPM) said in a research report Thursday."The U.S.-based arm of Binance has called off its deal with Voyager, while Coinbase launched Coinbase International, a crypto derivatives exchange outside the U.S., as a proactive measure in response to rising U.S. regulatory pressures," analysts led by Nikolaos Panigirtzoglou wrote.

Blocknox, a part of Boerse Stuttgart's digital unit, has received the final license as a crypto custodian from the country's financial regulator, BaFin.The license means Boerse Stuttgart Digital will be able to provide institutional investors with services for trading crypto as well as fiduciary custody, Germany's second-largest stock exchange said in an email Thursday.

Deutsche Börse-backed Crypto Finance AG has teamed up with financial services provider Apex Group to offer institutional-grade crypto investment products.Crypto Finance is provide Apex with the digital asset market infrastructure to issue structured investment vehicles such as exchange-traded products (ETPs).

Investors in a riskier type of Credit Suisse's bonds had the value of their holdings slashed to zero Sunday after Swiss authorities brokered an emergency takeover of the bank by rival UBS.On Sunday, the Swiss National Bank (SNB) announced that UBS would buy Credit Suisse for 3 billion Swiss francs ($3.25 billion) or about 60% less than the bank was worth when markets closed on Friday.

Coinbase calls Pepe a 'hate symbol,' prompting calls to boycott the exchange
An email sent out to Coinbase customers describing the Pepe the Frog meme as a "hate symbol" co-opted by alt-right groups has drawn significant ire from the PEPE memecoin community this week.Two hours after the email was sent, the hashtag "#deletecoinbase" hit the trending sidebar on Twitter, with over 14,000 comments calling on users to boycott the exchange.

Careful cleaning and disinfection of surfaces are critical for infection prevention to reduce pathogenic microorganisms.Studies have shown that manual cleaning and disinfection of surfaces in healthcare settings have significant room for improvement due to a variety of factors.Kinnos has developed Highlight, a colorizing technology that's mixed with cleaning products that allow healthcare personnel to intuitively confirm they have adequately disinfected surfaces visually without any specialized equipment.

Compass adds to a one-year loss of 56% for stockholders
If you want to know who really controls Compass, Inc. ( NYSE:COMP), then you'll have to look at the makeup of its share registry.And the group that holds the biggest piece of the pie are institutions with 38% ownership.That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).

More institutional investors dumped shares in Compass last quarter as the brokerage's losses continued to pile up.Robert Citrone's Discovery Capital Management and Montreal-based Wishbone Management were among the firms that sold large amounts of Compass stock in the fourth quarter, liquidating 25 and 30 percent of their holdings, respectively, filings with the Securities and Exchange Commission show.

Think TikTok is based in China?Think again.Maybe you're a marketer who believes decisions about TikTok are made in Beijing.You'd swear that the app was inextricably linked to the Chinese government.Wrong on both counts.In fact, the whole idea that TikTok is really spyware is nothing more than a myth, according to the app.

U.S. Federal Reserve Governor Christopher Waller has warned that crypto prices could fall to zero at some point.Please don't be surprised and don't expect taxpayers to socialize your losses when that happens, the Fed governor stressed.Crypto Prices Could Go to Zero, Fed Official Warns Federal Reserve Governor Christopher J. Waller warned about the danger of investing in cryptocurrency on Thursday at the Global Interdependence Center Conference on digital money, decentralized finance, and the puzzle of crypto.

Markets and Prices by Jamie Redman The price of bitcoin is set to rise in 2023, but crypto and fintech experts chosen by the product comparison web portal finder.comdo not believe the leading digital asset will break the $30,000 range this year.Finder's panel of 56 specialists convened to give their 2023 bitcoin price forecast, and the panelists suggest bitcoin will peak at $29,095 this year.

It was a sensational headline even for a short seller.Calling Adani Group the "largest con in corporate history," New York-based Hindenburg Research, a trading outfit that first got Wall Street's attention for raising serious questions about electric-vehicle makers Nikola Corp and Lordstown Motors Corp, took a stab at Gautam Adani, Asia's richest man.

Life comes at you fast in the stock market.At the start of the year, investors were so enamored of the technology sector that Alphabet Inc., Tesla Inc. and Amazon.comInc. split their shares into smaller increments to attract even more retail buyers, often causing the stocks to rocket even further.Now, with sentiment toward speculative tech companies near rock bottom, hundreds of startups that have seen their shares plummet this year are having to consider the opposite move: reverse stock splits to consolidate a large number of shares into smaller amounts, boosting the share price to a less embarrassing level.

Splashing tens of billions of dollars on building the metaverse has gone down like a lead avatar with Meta Platforms Inc. shareholders, with its market capitalization down by about three-quarters from its peak of $1.1 trillion reached barely a year ago.Chairman and Chief Executive Officer Mark Zuckerberg has gone rogue, but I find myself unsympathetic to shareholders' plight.

For centuries, turning other people's legal claims into moneymaking opportunities has been frowned upon.That started to change in the 1990s, when Australia allowed insolvent companies to engage outside funders to sustain legal claims they might otherwise have run out of money to pursue.Third-party funding of civil litigation caught on in the UK and some European countries in the 2000s.

99 Cents Only Stores' Barry Feld with Flight at Tustin Legacy (Santa Clara University, RIOS) Perhaps 99 Cents Only Stores thought it could save a buck by moving its headquarters from Commerce to Orange County.The discount retailer has leased a 40,000-square-foot office at Flight at Tustin Legacy, a 39-acre office campus at 1730 Flight Way in Tustin, the Orange County Register reported.

Q: We are homebuyers who lost out to cash-paying investors.The winning buyers turned the houses into rentals.It's beyond frustrating.We have relatives who had bought foreclosures.You have written that after the 2007-2008 housing meltdown, investors scooped up hundreds of thousands of California foreclosures.

FTX, the world's second largest cryptocurrency exchange, is in a crisis and has pitched the digital asset market into another crash.Here we look at what has happened to FTX, why, and what it means for the wider market.Officially headquartered in the Bahamas, FTX is managed from the US, with its biggest offices in Chicago and Miami.

Decentralization is part of the cryptocurrency industry's core, with various protocols trying over time to achieve the level of decentralization that Bitcoin ( BTC) managed to get as it grew organically from a white paper published to a mailing list to a new asset class.Decentralized finance (DeFi) protocols have brought the idea of decentralization to a new level with the use of governance tokens, which give holders the right to vote on or submit proposals regarding issues that govern the development and operations of a project.

Fidelity Investments, one of the world's largest brokerage firms with $9.9 trillion in assets under administration, is launching Fidelity Crypto, a service that allows retail investors to trade bitcoin and ether commission-free.A meaningful portion of Fidelity customers are already interested in and own crypto, the firm said.

Image We now need stability and unity, and I will make it my utmost priority to bring my party and country together, Rishi Sunak said yesterday.Credit...Aberto Pezzali/Associated Press Rishi Sunak, who lost to Liz Truss just under seven weeks ago in the contest to lead Britain, will become prime minister today.