In the week to 3 December, global equity funds saw a strong $7.93 billion in net inflows, reversing $6.41 billion of outflows the previous week, as markets price in an 89.6% probability of a 25 bps Fed rate cut this Wednesday. 🔹 Regional flows 🔹 Sector & asset allocation trends 🔹 Emerging markets Investors are...
Magnum Ice Cream Company made its public debut in Amsterdam with a €7.8 billion ($9.1B) valuation, well below analyst expectations that had ranged from €10–10.8 billion and a potential share price above €20. The stock opened flat around €12.8, pressured by index funds selling following its long-awaited spin-off from Unilever. The world’s largest standalone ice...
Guggenheim Investments — the $357 billion U.S. asset manager — is actively considering opening an office in Saudi Arabia, expanding its Gulf footprint as the region accelerates investment in infrastructure, transportation, and technology. Already present in Dubai and in the process of licensing in Abu Dhabi, Guggenheim views the Gulf as a strategic growth hub....
The UK’s Financial Conduct Authority (FCA) has announced one of its most significant reform packages in years to boost retail investor participation in shares and bonds—marking a clear divergence from EU investment rules. The FCA released three policy papers, outlining reforms that aim to make investing more attractive, transparent, and consumer-friendly, while strengthening protection where...
SpaceX has informed select investors and financial institutions that it is aiming for an IPO in the second half of 2026, according to The Information. The potential listing may include the entire company, not just Starlink — marking a major shift from Musk’s earlier view that Starlink should only list once revenue becomes “smooth and...
ICICI Prudential AMC, India’s second-largest asset manager with over ₹10 trillion ($111B) in AUM, plans to acquire a firm in the private equity space to strengthen its capabilities beyond traditional products, CEO Nimesh Shah said at the company’s IPO press conference. The AMC is also awaiting regulatory approval to acquire ICICI Ventures, further deepening its...