Gold is once again at the center of global portfolios. With prices hovering near $4,500/oz, bullion has risen more than 70% this year — its strongest annual performance since 1979. This rally is not speculative hype alone. It reflects a structural shift in how investors, institutions, and central banks think about risk, currency, and capital...
Global investors are increasingly reallocating capital toward Chinese artificial intelligence companies, seeking diversification as concerns mount over stretched valuations in U.S. AI stocks. With the Nasdaq trading near 31x earnings, compared with ~24x for Hang Seng Tech, relative value is becoming harder to ignore. At the same time, Beijing’s push for technological self-reliance is accelerating...
Australian Retirement Trust (ART) has agreed to acquire a near-20% stake in Westfield Sydney for A$864 million (US$576 million), reinforcing long-term institutional appetite for trophy retail assets in core CBD locations. The transaction values the asset in line with book value and follows Scentre Group’s broader strategy of recycling capital from mature retail holdings. Westfield...
Coinbase is accelerating its diversification strategy with the acquisition of The Clearing Company, reinforcing its push beyond pure crypto trading into multi-asset, event-driven markets. Prediction markets allow users to trade contracts linked to real-world outcomes — from elections and macro data to sports and policy decisions — effectively transforming expectations into tradable signals. While proponents...
Trian Partners and General Catalyst have agreed to acquire Janus Henderson for $7.4 billion, marking the culmination of a five-year activist campaign led by Nelson Peltz. At $49 per share, the deal represents an 18% premium and underscores a clear industry trend:👉 scale matters more than ever. As active managers face relentless pressure from low-cost...
As the year draws to a close, dealmakers across Wall Street, Canary Wharf, and Hong Kong are doing what they do best: working through the holidays. December alone has already seen $463.6 billion in announced M&A, up 30% year-on-year, capped by a fierce bidding war between Paramount Skydance and Netflix for Warner Bros Discovery. This...