The “Nordic Exodus” from US debt is accelerating, and the numbers are getting serious. Just 24 hours after a Danish pension fund announced a $100M exit, Swedish giant Alecta has confirmed it has sold the “majority” of its US Treasury holdings over the last year. Reports from Dagens Industri estimate the sell-off at 70-80 billion...
The recycling of petrodollars into future-proof infrastructure continues at the World Economic Forum. SOFAZ (State Oil Fund of the Republic of Azerbaijan) and Brookfield Asset Management have signed a strategic cooperation agreement worth up to $1.4 billion. The deal, finalized in Davos, cements Brookfield’s status as a preferred partner for sovereign capital seeking deployment in...
The “abrdn” era is officially over, and the market likes what it sees. Aberdeen (ABDN)—which ditched its controversial vowel-less branding last year—reported better-than-expected flows and a 9% jump in managed assets to £556 billion ($747B) on Wednesday. The update adds to growing evidence that UK active managers are stabilizing after years of pressure from US...
The Federal Government is officially intervening in the “Wall Street vs. Main Street” housing battle. President Donald Trump signed an Executive Order on Tuesday aimed at restricting large institutional investors from purchasing single-family homes. The move is designed to prioritize individual homebuyers and address the affordability crisis ahead of the midterm elections. 📜 THE ORDER...
The long goodbye to the “3G Experiment” may finally be here. Berkshire Hathaway, the largest shareholder of Kraft Heinz (KHC), has filed a prospectus to register the potential resale of its entire 27.5% stake (325.4 million shares). This move signals that the conglomerate is preparing to exit a decade-old investment that Chairman Warren Buffett has...
The long goodbye to the “3G Experiment” may finally be here. Berkshire Hathaway, the largest shareholder of Kraft Heinz (KHC), has filed a prospectus to register the potential resale of its entire 27.5% stake (325.4 million shares). This move signals that the conglomerate is preparing to exit a decade-old investment that Chairman Warren Buffett has...