World News by Wild Rose

Passive investing has become the default. It’s not as neutral a choice as it seems.

Millions chased fast profits through complex trades. It ended with billions lost. How India’s options market unraveled and where retail traders go from here. (Source: Bloomberg)

As investors reassess private credit, New Mountain Capital’s Laura Holson says direct lending is offering attractive opportunities with wider spreads and improved lender protections. She joins Bloomberg Open Interest to explain why higher rates can benefit floating-rate investments, what risks borrowers face, and why her firm favors defensive-growth sectors such as industrial automation and animal health. (Source: Bloomberg)

Investors fled US mortgage bond funds at historic levels over the past three weeks, with outflows ranking among the seven worst since the start of 2021, as surging interest rates spur a flight from volatility.

Ward McNally, founder, co-CEO and managing partner of McNally Capital, Sheila Kahyaoglu, senior equity research analyst at Jefferies, and Anita Antenucci, founder & managing partner of 3Wire Partners, joins Dani Burger on "Bloomberg Deals." They discuss the wave of new investing in defense companies comes amid global tensions and conflict. (Source: Bloomberg)

Kevin Mahn, President & CIO of Hennion & Walsh Asset Management, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the concentrated gains on the S&P 500 and the AI ecosystem. (Source: Bloomberg)

"Bonds actually look interesting again," says Savita Subramanian, Bank of America’s head of US equity and quantitative strategy, as she weighs the potential returns from bonds and equities over the next decade. "The risk-return for a 10-year Treasury today is about over 5%," Subramanian tells Bloomberg Television. "Whereas when you look at the S&P 500, our valuation framework suggests that returns over the next ten years might not even be at those levels, at that 5% clip." (Source: Bloomberg)

A woman in central China invested 14 million yuan (US$2 million) to acquire 196 parking spaces in a residential community, later selling them at a significant mark-up, which led to furious residents suing her. The lawsuit centred around a residential block, the name of which was not disclosed, located in Changsha, Hunan province. The property project was completed and put on the market in 2018. At the time, many were sceptical about the community’s prospects due to a lack of essential public...

Copper rose for a second session after a US employment report eased pressure on the Federal Reserve to raise interest rates.

Emerging-market stocks and currencies advanced after softer-than-expected US jobs data and a further decline in oil prices helped ease concern over aggressive interest-rate hikes by the Federal Reserve.

Barry speaks with Omar Aguilar, CEO and CIO of Schwab Asset Management. They discuss his time at Financial Engines, where he worked under Nobel laureate William Sharpe before joining Schwab Asset Management in 2011. They discuss how his doctorate in decision sciences helps him build trust with clients and push them toward their goals. They also discuss how he built Schwab Asset Management to over a trillion dollars and how he is using his background to help navigate his clients through the current state of the markets. (Source: Bloomberg)

Hong Kong stock debuts are losing steam as a deluge of initial public offerings (IPOs) overwhelms investor appetite. Seven of September’s 12 IPOs fell on the first day of trading, raising the third-quarter total to 15 flops out of 31, based on Bloomberg data. By contrast, there were only 14 declines among 77 debuts in the first half of the year. Medcaptain Medical Technology led September’s first-day flops, plunging 43 per cent. Fast-fashion giant Shein tumbled as much as 10 per cent on its...

Investors are set to shun riskier trades until the dollar’s recent surge shows signs of peaking, according to Bank of America Corp.’s Michael Hartnett.

Annie Seelaus, CEO of R. Seelaus, and John Lloyd, global head of multi-sector and corporate credit at Janus Henderson, join Emily Graffeo on "Bloomberg Real Yield." This week Paramount Skydance  issued $52 billion of debt to fund the biggest Hollywood buyout ever. (Source: Bloomberg)

An equal-weight version of the S&P 500 Index is on track for a seventh consecutive down week. If the weakness lingers through Friday, it would be just the third time the measure has declined for seven weeks in a row ever.

Hao Dong, a former commodity portfolio manager at Singapore’s sovereign wealth fund GIC Pte., is starting a hedge fund that is seeking to raise as much as $300 million to invest in raw materials and other assets.

The 30-share BSE Sensex advanced 190 points to 72,733.04 in early trade. The 50-share NSE Nifty was up 22 points to 22,735.20

The buyers’ strike expands in bonds.

Capital.com Senior Market Analyst Kyle Rodda argues that strong corporate earnings continue to buffer equities against rising bond yields and AI valuation risks. He also cautions that investor tolerance could fade quickly if profit growth expectations begin to fade. (Source: Bloomberg)

Jim Bianco, a Wall Street veteran and longtime market watcher, is turning bullish on US Treasuries for the first time in six years after benchmark yields surged to two-decade highs, creating an enticing entry point.

For years, US stocks have faced relatively weak competition from bonds or Treasuries in investor portfolios. That period looks like it’s headed for a fast, and possibly painful, end, strategists at Wells Fargo say.

Barry speaks with Adam Frank, Managing Director and Head of Wealth Planning and Advice at J.P. Morgan Wealth Management. They discuss his time at Bear Stearns as the company was acquired by J.P. Morgan Chase, as well as his start in law before pivoting to wealth planning. They discuss building trust with clients to help them with diversification, as well as providing tax advice to help them save their money. They also discuss J.P. Morgan's new program for athletes, the J.P. Morgan Chase Athlete Council, which helps athletes, from student to pro, create and keep their wealth. (Source: Bloomberg)

Anna Paglia, Executive Vice President and Chief Business Officer at State Street Investment Management joined Bloomberg Open Interest to break down the ETF boom, explaining why retail investors now account for a much larger share of the market. She also sounds the alarm on the gamification of investing and explains why State Street believes investment-grade private credit can become a lasting part of investors’ core portfolios. (Source: Bloomberg)

SEBI’s changes mark a significant expansion of investment options for the industry.

Goldman Sachs Chief Regional Equity Strategist for Asia Pacific Timothy Moe explains why AI-related stocks remain good investments despite rising rates on government debt. He speaks as a global bond selloff extends into Asia while elevated oil prices stoke inflation concerns. (Source: Bloomberg)

David Booth started Dimensional Fund Advisors out of a Brooklyn brownstone in 1981 with an idea that challenged conventional investing: investors should have exposure to smaller companies as part of a diversified portfolio. Today, Dimensional manages more than $1 trillion. Booth sits down with David Rubenstein to discuss his new book, "Stay Calm," which applies his investment philosophy of staying calm during periods of market volatility, to navigating the uncertainties of life. He's on this week's episode of The David Rubenstein Show: Peer to Peer Conversations. This interview was recorded August 10 in New York. (Source: Bloomberg)

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

David Booth started Dimensional Fund Advisors out of a Brooklyn brownstone in 1981 with an idea that challenged conventional investing: investors should have exposure to smaller companies as part of a diversified portfolio. More than four decades later, Dimensional manages over $1 trillion. Booth is on this week's episode of The David Rubenstein Show: Peer to Peer Conversations to discuss how he built Dimensional and the investment philosophy behind the firm. This interview was recorded August 10 in New York. (Source: Bloomberg)

David Rubenstein, Co-founder and Co-Chairman at The Carlyle Group, discusses the world of sports investing and his new book: "Inside the Owner's Box: Conversations on Power and Leadership in Sports." (Source: Bloomberg)

Andy Chorlton, CIO for fixed income at M&G, says the recent rise in bond yields has made the asset class more attractive after years of poor returns. "Real yields are positive. 2% positive in 10-year real yields in the in the US and the UK. That's not a bad starting point for what is still, in my belief, a low-risk asset class versus all the other things you can buy," Chorlton tells Bloomberg Television. (Source: Bloomberg)