According to UNCTAD Secretary-General Rebeca Grynspan, ongoing tariff uncertainty could slow investment, particularly affecting: Key insights: Grynspan urged that vulnerable countries be spared higher tariffs to protect growth and investment.
Wayve Eyes $2 Billion Funding Round with Microsoft & SoftBank
British autonomous driving startup Wayve is in talks with Microsoft and SoftBank to raise up to $2 billion, potentially valuing the company at around $8 billion, according to the Financial Times. If successful, this round will cement Wayve as a leader in autonomous driving tech, driving innovation across AI, robotics, and mobility ecosystems.
Canara Robeco IPO Fully Subscribed on Final Day
India’s Canara Robeco Asset Management has seen its IPO fully subscribed on the final day, led by institutional investors. This IPO underscores continued investor appetite for Indian asset management and equity markets, even as other fund houses like ICICI Prudential AMC eye listings this year.
Hedge Funds Pivot to Global Industrials Amid U.S. Equity Sell-Off
Last week, hedge funds shifted their focus from U.S. stocks to global industrials, as U.S. equities endured their worst one-day decline since April, fueled by renewed U.S.-China trade tensions and the ongoing government shutdown. Goldman Sachs notes that hedge fund trading in global industrials reached some of the highest levels in five years, highlighting a...
JPMorgan Commits $10B to U.S. National Security Investments
JPMorgan Chase announced a $10 billion investment plan targeting U.S. companies critical to national security and economic resilience, part of a broader $1.5 trillion 10-year pledge. Key Focus Areas: The bank will deploy capital via direct equity and venture investments, alongside hiring specialized bankers and forming an external advisory council. This initiative aligns with U.S....
Morgan Stanley & Investors Seek Redemptions from Jefferies’ Point Bonita Fund
The situation highlights ongoing risks in private credit and trade-finance funds, especially when underlying borrowers face distress.
