Here’s What Putting Pressure on Ares Management (ARES)
Carillon Tower Advisers’ Q1 2026 letter for the Carillon Eagle Mid‑Cap Growth Fund flagged Ares Management Corp. (NYSE:ARES) as a stock under pressure after a wave of retail redemptions hit its private‑credit platform. Despite the headwinds, the fund praised Ares’ diversified mix of private credit, private equity, real‑estate and infrastructure assets, noting its $118.77 closing price, 12% one‑month gain and $39.3 billion market cap. Hedge‑fund ownership rose modestly to 51 portfolios, up from 50 in the prior quarter. The broader mid‑cap landscape showed growth lagging value, while energy stocks surged 45% amid geopolitical tension.
Revenue Isn’t the Signal: What Early-Stage Health Tech Investors Should Be Watching Instead
Claire Smith of SpringTide Ventures argues that early‑stage health‑tech investors should look beyond headline revenue. She emphasizes customer adoption, sales motion, and scalability within regulated systems as stronger predictors of success. Early contracts may be modest but valuable if they...
13 States With No Retirement Tax Ranked by How Much You Need to 'Retire Comfortably'
According to Northwestern Mutual’s 2026 study, Americans now think they need $1.46 million to retire comfortably, a 15 % rise from last year. Kiplinger analyzed 13 states that do not tax retirement income and estimated the savings required in each, factoring in...
Economist Justin Lin Urges West to Adopt ‘Eastern Wisdom’ as China Moves up Value Chain
Former World Bank chief economist Justin Lin challenged the Western claim that China’s auto‑export boom signals overcapacity, noting China ships about 7 million cars—20 percent of its output—versus Germany’s 4 million, which represent 80 percent of production. By comparing export‑to‑production ratios, he argues China...
Europe’s Electricity Prices Remain Tied to Gas Amid Geopolitical Risks
Europe’s power markets remain tightly coupled to natural‑gas prices, a linkage amplified by recent geopolitical tensions such as the 2026 Iran war. Gas price spikes quickly translate into higher electricity costs, especially in Italy and Germany where gas sets the...
Prime Central London Resi Sales Drop 24% Year on Year, JLL Reports
JLL’s Q1 prime central London index shows residential sales plunged 24% year‑on‑year, with only 350 homes exchanged – the lowest level since 2020. Total sales volume fell to £743 million (about $950 million), 28% below the two‑year Q1 average, while average prices...
Broadcom & Meta Extend AI Pact Into 2029 as Shares Climb to $400
Broadcom’s stock rebounded to around $400, up more than 10% in 2026, after the company extended its AI chip partnership with Meta through 2029. The deal includes co‑development of the world’s first 2nm AI accelerator and a multi‑gigawatt data‑center rollout,...
Why Conflict Makes Interest Rates More Volatile, and How Advisors Can Manage
Franklin Templeton Fixed Income portfolio manager Naveed Sunderji says recent Middle‑East conflict has reignited interest‑rate volatility in Canada, pushing market expectations for Bank of Canada hikes higher. The shift follows a March peak where investors priced three 25‑basis‑point hikes in...
Quotes of the Day by Bill Miller: “All of the Great Investing Periods Begin when Things Are Terrible and End...
Bill Miller’s observation that the best investing periods start in terrible markets and end in wonderful ones underscores the cyclical nature of finance. The article explains how crises depress asset prices, creating buying opportunities, while exuberant phases often mask overvaluation....
Borough High Street Office Asset Goes on Sale for £33m
A private client has placed the freehold of 171‑191 Borough High Street on the market for more than £33 million (approximately $42 million), delivering a net initial yield of 7.35%. The 31,179‑sq‑ft office building is fully let to education provider Kaplan Financial...
Apple's Next CEO, Warsh's Confirmation Hearing, the Psychedelic Stock Surge and More in Morning Squawk
Apple announced hardware chief John Ternus will succeed Tim Cook as CEO in September, positioning a hardware‑focused leader to tackle Apple’s lag in artificial‑intelligence. Former Fed governor Kevin Warsh faced his Senate confirmation hearing, where he pledged Fed independence amid President Trump’s push...
Gainers & Losers: Nestle, Groww and Ola Among 7 Big Movers on Tuesday
Indian equities closed higher on Tuesday, with the Nifty up 0.87% to 24,576.60 and the Sensex up 0.96% to 79,273.33. FMCG giant Nestle led gainers, jumping 7.3% after reporting a 27% YoY profit rise to about $134 million and 23% revenue...
Apollo Is the Latest Fund to Bet on European Hostels
Institutional investors are pouring capital into European hostels, with more than $1 billion deployed in the past 30 months. Apollo Global Management closed a senior €874 million (about $1 billion) loan secured by a&o Hostels’ 44 properties and roughly 30,000 beds. The financing...
Moroccan Tomato Growers Urged to Help Alleviate Domestic Supply Crisis
Morocco faces a severe shortage of round tomatoes after a February storm devastated greenhouses and compounded existing phytosanitary issues. Authorities have met with growers, urging them to divert more produce to the domestic market rather than export. While cherry tomato...
Stock Market Today: Dow Falls As Oil Prices Rise, Trump Extends Ceasefire; These Gold Miners Fall (Live Coverage)
The Dow Jones slipped 0.6%—about 300 points—while oil rose near $89 a barrel after President Trump extended the Iran cease‑fire. Northern Trust surged 8% on a beat‑and‑raise Q1 earnings report, contrasting sharply with gold miners that fell 6‑9% as the metal...
Broker’s Call: Mastek (Buy)
Mastek posted an in‑line Q4 FY26, with cloud‑centric revenue of $103.5 million, up 0.3% quarter‑on‑quarter, and a 13.6% year‑on‑year rise in its $12 million order backlog. The firm added more than 27 AI‑focused programmes, lifting AI‑related work from 3% to 9% of...
This Biotech Firm Has Room to Run Despite Surging Nearly 500% in Past Year, Morgan Stanley Says
Arrowhead Pharmaceuticals’ stock has rocketed 473% over the past year, prompting Morgan Stanley to upgrade the shares to overweight and lift its price target to $100 from $78, indicating roughly a 44% upside. The firm is set to release Phase‑3...
U.S. Home Prices Inched Up 0.1% in March
U.S. home prices edged up 0.1% month‑over‑month in March, marking the third consecutive month of modest gains. On a year‑over‑year basis, prices rose 1.7%, the slowest growth recorded since Redfin began tracking in 2012. Mortgage rates rose to about 6.4%...
Agronometrics in Charts: Extreme Weather Sparks Stunning 32 Percent Surge in US Strawberry Prices
U.S. strawberry grower prices surged 32% in January 2026 as extreme weather disrupted supply chains. Production topped 2.6 billion pounds, with California providing roughly 90% of domestic output. Late‑2025 heavy rains and early‑2026 Florida freezes cut shipments, while imports hit a...
There and Back Again
Geopolitical tension from the Iran war continues to shape market dynamics, even as US equities have recovered to sit about 3% above pre‑conflict levels. Energy risk premiums remain elevated, with WTI crude roughly 30% higher than before the war after...
Energy Producing States Face Volatile Oil Prices
Oil prices surged above $114 per barrel in early March, the highest level since 2022, after the Iran‑Israel conflict ignited market volatility. The spike lifted revenue streams for oil‑producing states, especially Texas and New Mexico, whose 10‑year growth rates exceed the...
Ross Stores: The Retail King of a Pinched Economy
Ross Stores (NASDAQ: ROST) is thriving amid inflation‑driven consumer frugality, posting a 12.2% revenue jump to $6.64 billion and a 63% stock gain over the past year. The retailer’s low‑cost, opportunistic buying model lets it acquire brand‑name merchandise 20‑60% below wholesale,...
Nifty Notches Third Straight Win, FMCG and Realty Lead the Charge
India’s benchmark indices extended their rally for a third day on April 21, with the Nifty 50 closing at 24,576.60 (+0.87%) and the Sensex at 79,273.33 (+0.96%). Gains were led by the FMCG and Realty sectors, each climbing over 2%, while Private...
Anna Breman: Global Shockwaves to Kiwi Shores - the Impact of the Iran Conflict on New Zealand
Reserve Bank Governor Anna Breman warned that the ongoing Iran‑Israel conflict could spill over into New Zealand’s economy, raising near‑term headline inflation and dampening growth momentum. She noted that the OCR is held at 2.25 percent after recent cuts, with core inflation...
India’s GDP Growth to Slow to 6.4% in FY27 Amid Geopolitical Headwinds: UN Report
The UN Economic and Social Commission for Asia and the Pacific projects India’s GDP growth will decelerate to 6.4% in FY27, down from 7.4% in FY26, before modestly rising to 6.6% in FY28. Inflation is expected to climb to 4.4%...
Fabio Panetta: Statement - Meeting of the Development Committee
Amid rising geopolitical tensions that are driving up food and energy prices, the World Bank Group faces heightened pressure to support vulnerable economies. In a statement to the Development Committee, Fabio Panetta urged the Bank to sharpen its focus on...
EU Mulls Fuel-Sharing as Airlines Juggle Costs and Capacity
EU transport ministers are debating a bloc‑wide jet‑fuel‑sharing scheme as Middle East tensions threaten both fuel prices and availability. Airlines such as Lufthansa CityLine have already suspended routes, while KLM plans to cut about 80 European return flights to protect...
Sino Land-Led Consortium Clinches Kam Sheung Road Phase Two with US$1.7 Billion Investment
A consortium led by Sino Land and Great Eagle Holdings, together with China Overseas Land & Investment and China Merchants Land, secured the Kam Sheung Road Station Phase Two tender. The group will invest over HK$13 billion (about US$1.7 billion) to build...
Hong Kong Property Investment Soars on Lower Funding Costs, Rising Demand
Hong Kong’s commercial property market attracted about $1.6 billion in Q1 2024, a 41% year‑over‑year rise, driven by stronger liquidity and lower funding costs. The number of deals jumped 26% to 29, with 14 distressed assets luring private investors. Institutional interest...
A Healthy Rebound Could Lie Ahead for UNH Shareholders
UnitedHealth Group (UNH) posted a stronger‑than‑expected Q1 2026, driving the stock up 7% to $346.26. The company resumed $2 billion of share buybacks and lifted its earnings outlook to $18.25 per share, reinforcing confidence in cash flow and capital‑return capacity. Analysts now...
Geopolitics Reshapes Asia-Pacific Property Flows in 2026
Asia‑Pacific commercial real estate investment is holding steady into 2026, but the recent Middle East conflict has injected caution into capital flows. Domestic liquidity in core markets such as South Korea, Australia and Hong Kong keeps transaction volumes above long‑term...
DFI Retail Group Q1 Underlying Profit From Continuing Businesses up 49%
DFI Retail Group reported a 49% year‑on‑year jump in underlying profit from continuing operations in Q1 2026, driven by lower financing costs and disciplined cost control. Operating profit from the same segment rose 12% as the retailer trimmed expenses and...
The Current Oil Shock Most Resembles the First Gulf War, Says UBS. What that Means for Prices.
UBS analysts say the present oil supply shock, triggered by the U.S. and Israel’s strikes on Iran, most closely mirrors the 1990‑91 Gulf War disruption. In the first two to three months, crude prices have surged nearly 100%, outpacing the...
Mubadala Capital, Mark Walter, and the Great Multi-Family Office Consolidation
Abu Dhabi‑based Mubadala Capital, with billionaire backers Mark Walter and Thomas Tull, has financed Corient’s aggressive purchase of several multi‑family offices within a year. The roll‑up pushes Corient toward managing roughly $500 billion in wealth advisory assets, positioning it as one...
Stock Movers: GE, RTX, UNH (Podcast)
General Electric’s aerospace unit posted a first‑quarter profit that topped Wall Street forecasts, buoyed by a resurgence in passenger travel. Raytheon Technologies (RTX) lifted its full‑year profit and sales outlook as defense sales climbed 10% and Pratt & Whitney engine revenue rose...
Saudi Arabia’s Capital Market Opens to All Foreign Investors: Key Reforms and Action Points
On 1 February 2026 the Saudi Capital Market Authority amended its foreign‑investment rules, allowing any foreign investor to purchase Saudi equities directly on Tadawul. The reforms dissolve the Qualified Foreign Investor classification, strip away the swap‑agreement framework, and create a single, unified...
Gold and Silver Prices Today: Prices Drop Tuesday, April 21
Gold June futures opened at $4,842.40 per ounce, marginally above Monday’s close, before slipping to $4,801.80 in early trade. Silver May futures opened at $79.85, then fell to $78.96. Both metals are holding near key psychological levels as geopolitical tension...
China Confronts Middle East Supply Shock, as State Council Mulls Energy Strategy
China’s State Council, led by Premier Li Qiang, convened a high‑level session to address energy security amid the Strait of Hormuz shipping crisis. The meeting emphasized bolstering oil reserves, accelerating renewable deployment, and modernising coal‑fired plants to shield the economy,...
Vicor Corporation Reports Results for the First Quarter Ended March 31, 2026
Vicor Corporation posted first‑quarter 2026 results showing product and royalty revenue of $113 million, a 20.2% year‑over‑year increase and a 5.3% sequential rise. Gross margin expanded to 55.2% of revenue, up from 47.2% a year earlier, while net income surged to...
Questor Announces Fourth Quarter and Fiscal Year 2025 Results
Questor Technology Inc. reported FY 2025 revenue of $6.8 million CAD (≈ $5.0 million USD), down from $4.5 million CAD in 2024, with a full‑year loss of $1.6 million CAD (≈ $1.2 million USD). Adjusted EBITDA turned negative, showing a $0.3 million CAD (≈ $0.24 million USD) loss for the year, while Q4 revenue...
Taking Bank of Korea Helm, Crisis-Era Veteran Pursues Ambitious Won Overhaul
Shin Hyun Song, a veteran economist who warned of the 2008 crisis, has taken over as governor of the Bank of Korea. He unveiled an ambitious plan to internationalize the won, including round‑the‑clock FX trading and an offshore settlement system,...
Workspace Group Warns of ‘Substantial Step Down’ in Profit
Workspace Group warned that full‑year 2026‑27 trading profit will see a substantial step down, driven by lower starting rents, higher debt costs, asset disposals and rising operating expenses. Rent per square foot slipped 1.3% to £41.96 ($53) while total rent...
Reevaluating ASEAN’s Economic Outlook Amid the Iran Conflict
Templeton Research analyst Marcus Tantau warns that the ongoing Hormuz oil crisis and the Israel‑U.S. war’s spill‑over are dragging down ASEAN growth prospects. The World Bank has trimmed regional GDP forecasts by roughly one percentage point, and a prolonged Strait...
OPmobility Reports Small Revenue Drop as Auto Industry Weakens
OPmobility posted a modest 0.4% drop in first‑quarter revenue to €2.83 billion ($3.34 billion), narrowly outpacing the 3.4% global auto‑production decline. The weakness was concentrated in Europe, where sales fell faster than regional vehicle output, while North America and Asia showed relative...
EM Lens: Identifying Alpha Opportunities in EM Fixed Income
Creditors are re‑entering emerging‑market (EM) fixed income as technical supply‑demand dynamics, positive rating momentum, and wide real‑yield differentials create a supportive backdrop. Ninety‑One portfolio manager Thys Louw and Bloomberg Intelligence strategist Damian Sassower discuss how these factors generate alpha in...
Goodfood Reports Second Quarter of 2026 Results and Advances Strategic Reset Focused on Cash Generation and Core Economics
Goodfood Market Corp. reported a challenging Q2 2026, with net sales of C$23 million (≈$17 million USD) and a net loss of C$7 million (≈$5.2 million USD). A temporary CFIA license suspension and weaker demand drove a 12‑point drop in gross margin to 30.6%...
Peter Kažimír: Transformation, Integration and the New Frontier of Monetary Policy
Peter Kažimír outlined Slovakia’s three‑decade journey from a post‑communist economy to a stable euro‑zone member. He emphasized that macro‑economic stability, openness, and a credible central bank were prerequisites for growth, and that banking reforms were critical to transmit policy. The...
Higher Fertiliser Costs Risk Lower-Protein Wheat
Higher fertilizer prices, spurred by volatile crude oil after the US‑Israel‑Iran conflict, are adding roughly $13 per tonne to UK wheat and $25 per tonne to rapeseed costs. Brent crude is about $20 above pre‑war levels, pushing fertilizer and energy...
Iran’s Parliament Speaker Rejects Talks Amid US Threats
Iranian parliament speaker Mohammad Bagher Ghalibaf dismissed prospects for a second US‑Iran round of talks in Islamabad, insisting Tehran will not negotiate under threat. The two‑week cease‑fire, brokered on 7 April, expires on 22 April without a deal after a 21‑hour first...
8 Ways To Increase Commercial Property Revenue Without Raising Rents
Commercial property owners can lift net operating income without raising rents by tapping untapped revenue streams and tightening expense recovery. The article outlines eight tactics, from auditing common‑area‑maintenance (CAM) reconciliations to leasing rooftop antenna space, optimizing parking pricing, adding lobby...