The undisputed king of Indian digital payments is heading to the bourses. PhonePe, the Walmart-backed fintech giant, has received regulatory approval for its IPO, targeting a listing by mid-2026. With a commanding ~48% market share of India’s UPI ecosystem, this listing is set to be the definitive test of investor appetite for large-scale consumer internet...
The code for mobilizing private capital at scale may finally have been cracked. British International Investment (BII) and Allianz Global Investors have launched the Allianz Credit Emerging Markets (ACE) fund, a $1 billion vehicle designed to channel institutional money into climate projects across the developing world. With $690 million already secured, this stands to be...
The bears have officially gone into hibernation. According to Bank of America’s January Fund Manager Survey, global investor sentiment has hit its most bullish level since July 2021. The “Wall of Worry” has been dismantled, replaced by a consensus bet on an economic “No Landing” scenario. 🔥 THE NUMBERS (Hyper-Bull Mode): 🌍 THE CONSENSUS: ⚠️...
The “King Dollar” trade is losing one of its biggest backers. Australian Retirement Trust (ART), Australia’s second-largest pension fund (A$353B / $237B AUM), announced it is aggressively increasing its currency hedging on US assets. While the fund is not selling its US stocks, it is betting that the Greenback’s run of dominance is over for...
The physical foundation of India’s digital economy just got a massive upgrade. Lodha Developers (Macrotech) announced today a staggering ₹1 trillion ($11 billion) investment commitment to build a 2.5 Gigawatt (GW) data center park in Maharashtra. This expansion triples down on their initial commitment, signaling a decisive move to become the landlord of choice for...
The fallout from the liquidation of Banco Master has reached the highest levels of Brazilian business. According to documents released Friday, Supreme Court Justice Dias Toffoli has authorized the freezing of assets belonging to prominent investor Nelson Tanure. This marks a significant escalation in the investigation following the Central Bank’s intervention last November. ⚖️ THE...