Wall Street Turns Most Bearish on Bank of America Since 2015
Wall Street is the most bearish on Bank of America Corp. since 2015 after the bank received its fourth analyst recommendation downgrade in a month.
Recent
Cathie Wood Doubles Down on Stance That Forthcoming Tesla Product Will 8X Its Stock Price
Tesla stock recently traded around $211, having almost doubled from its December low.
Multi-Manager Hedge Funds Offer Big Returns But at High Cost
Multi-manager hedge funds charge expense fees about triple the size of traditional peers, a Barclays note to clients shows.
PMorgan Sees ETF Market Doubling to $15 Trillion in Five Years
Record growth in US exchange-traded funds will power the industry’s assets to $15 trillion by 2028 from roughly $7 trillion currently.
Texas’ Largest Pension Divests From BlackRock to Comply With Law
Texas’ biggest pension fund has divested its direct ownership stakes in BlackRock Inc. to comply with state law.
World’s Biggest Public Hedge Fund Bets on Emerging-Markets Rout
The world’s largest publicly-traded hedge fund is bracing for a selloff in emerging markets.
BlackRock Among Top Funds With Exposure to Adani’s Dollar Debt
At least 200 financial institutions around the world have had exposure to Adani Group’s $8 billion in dollar bonds.
