WeWork India Management (WEWO.NS) successfully closed its $338 million IPO on the final day of bidding, driven primarily by institutional investors, while retail participation remained cautious due to its premium valuation. The subscription highlights strong confidence from institutional investors in the domestic co-working space, despite cautious retail sentiment over high valuations and tight margins.
Mutual funds investing in gold mining companies are stealing the spotlight in 2025, outperforming even AI and tech funds. Investors are betting that record gold prices will drive strong margins, cashflows, and shareholder returns. Key Highlights: “At 30% free cash flow margins, gold companies have never had it better,” says Adrian Hammond, SBG Securities.
Emerging markets are increasingly capturing private credit flows as investors seek higher yields and developed markets become saturated. Angola’s Atlantic coast fuel refinery exemplifies this trend, financed largely through private capital led by Gemcorp, highlighting a paradigm shift in global lending. Key Takeaways: “Emerging market companies have been doing this for a long time,” says...
Hedge fund EDL Capital, led by star trader Edouard de Langlade, has returned 29.86% so far this year, finishing September up 2.64%, according to sources.
Data from Crunchbase shows that the AI funding frenzy on Wall Street continued unabated in the third quarter: Other sectors also attracted significant venture capital: The ongoing AI craze continues to drive Wall Street indices to record highs, with OpenAI hitting a $500B valuation as the world’s most valuable private AI company.
Saudi Arabia’s Public Investment Fund (PIF), managing nearly $1 trillion in assets, is set to launch its first euro-denominated green bond to support sustainable projects aligned with Vision 2030 and the country’s 2060 net-zero goal. The move underscores the Kingdom’s drive to attract global green investment and fund multibillion-dollar megaprojects like NEOM, Oxagon, and The...