Freestone Grove, an equities-focused multimanager fund launched by Citadel alums, now has more than 180 employees, according to a March filing with regulators, while assets have eclipsed $6 billion and are poised to grow further as the firm opens up to select investors this year.
Credit cards can be very dangerous from a financial well-being perspective, if used irresponsibly. The temptation to use one to fund a big holiday or a new sofa that you can't afford can be seriously tempting.
While wealthy and glamorous influencers try to convince their followers that their upwardly mobile lives in Dubai are just peachy, in reality, many young Irish teachers and nurses are wondering whether it's time to pack up and return home.
UBS initiated coverage on LPL Financial with a Buy rating and a price target of $380, suggesting a measured but constructive first-impression thesis amid a challenging market environment.
The new headquarters at 226 Schilling Circle, Suite 300, provides roughly 20,000 square feet of workspace, with floor-to-ceiling windows, a cafe, and expanded conference and breakout areas. 'After 19 years in Sparks, we needed a headquarters built for how we work today and where we're headed tomorrow,' CEO Pritpal Kalsi said in the company's release.
The fund blends high yield corporate bonds, senior loans, and debt tranches of U.S. collateralized loan obligations (CLOs) into a single actively managed portfolio, aiming to deliver income that beats the broad bond market while keeping volatility lower than any single segment on its own.
Hedge funds and other money managers spent $2.8 billion on alternative data in 2025, according to a new report from consultancy Neudata, a 17% jump from the year before. It's more than double what asset managers spent on alternative data in 2021, which includes a wide range of non-traditional information sources. The report projects that the total spend on alternative datasets could jump to more than $23 billion in the consultancy's bull case in 2030 and just under $8 billion in the bear case.
The deal represents a defining milestone for the firm. It reflects not only the continued strength of the non-QM RMBS market, but also the confidence investors place in our platform and in AD non-QM mortgages as a premier asset class.
The DoD's free GenAI.mil platform is the biggest overhang on the Ask Sage thesis. BigBear paid $250M for that acquisition, and if government agencies can get similar functionality for free, the return on that deal shrinks fast. Management needs to draw a clear line between what Ask Sage offers and what GenAI.mil does not.
AI can't just be a feature on the side of the MLS; it has to be built into the core of how we manage listings, deliver insights and support our subscribers' businesses. Rajeev brings a rare combination of deep real estate experience and technology vision that will help us turn AI into real, everyday advantages for the professionals who rely on Bright.
Step away from those individual stocks. Forget I bonds and laddered portfolios of individual Treasury Inflation-Protected Securities. If you're a satisficer, they're not for you. Reduce your number of accounts and the holdings within them.A portfolio with fewer moving parts is easier to oversee and simpler to document in case your loved ones or a financial advisor needs to take the wheel.