Jamie Ross, Fund Manager of Henderson EuroTrust, discusses the Trusts recent performance and how the Trust has fared in the recent market shift towards value driven, cyclical businesses. Jamie also discusses the recent significant activity within the Trusts portfolio, specifically focussed on businesses most positively and negatively impacted by the COVID-19 crisis; but how, despite this re-positioning, the Trust and the team remain firm on their objective of “finding good quality companies” despite the tough environment for growth strategies. about our latest insights. For promotional purposes. Not for onward distribution. Before investing in an investment trust referred to in this document, you should satisfy yourself as to its… Read More
Continue ReadingWeWork cofounder Adam Neumann just sold his San Francisco Bay Area compound for $22.4 million. Look inside the ‘Guitar House.’
Summary List Placement SEE ALSO: How WeWork cofounder Adam Neumann has spent his fortune, which once amounted to as much as $14 billion DON’T MISS: Meet Rebekah Neumann: Insiders describe the spiritual, strategic mastermind who was the driving force behind WeWork and her husband, Adam Neumann Adam Neumann just sold his compound in Corte Madera in Northern California for $22.4 million, the New York Post reports. The WeWork cofounder listed the home in August 2020 for $27.5 million. Compass, the brokerage that held the listing, did not immediately respond to Insider’s request for this story. Neumann has been selling off millions of dollars of his real-estate portfolio over the past couple years.… Read More
Continue ReadingU.S. to withdraw all troops from Afghanistan by Sept. 11
WASHINGTON (AP) — President Joe Biden will withdraw all U.S. troops from Afghanistan by Sept. 11, the 20th anniversary of the terrorist attacks on America that were coordinated from that country, several U.S. officials said. Biden will lay out his vision for the way forward in Afghanistan and the timeline for the withdrawal in remarks Wednesday afternoon, The White House said. Punctuating the nearly two decades U.S. troops have fought and died in Afghanistan, the president will then visit Section 60 of Arlington National Cemetery to honor the sacrifice of those who died in recent American conflicts. The decision to withdraw troops by fall defies a May 1 deadline for… Read More
Continue ReadingFauci defended pausing the Johnson & Johnson COVID-19 vaccine rollout, but said those who already got the shot shouldn’t worry
Summary List Placement Dr. Anthony Fauci defended the pause in the US rollout of the Johnson & Johnson coronavirus vaccine, but said that people who already got the shot should not worry. In a video released by the White House on Tuesday, Fauci — the top infectious-diseases expert in the US — said that people who got the one-shot vaccine “should not be worried.” The US paused the rollout of the vaccine on Tuesday, citing rare blood clots in six of the 6.8 million people who received it. The Centers for Disease Control and Prevention and the Food and Drug Administration said the pause was recommended “out of an abundance… Read More
Continue ReadingBitcoin hit the $1 trillion market cap milestone twice as fast as Amazon and three times faster than Apple, data shows
Summary List Placement Bitcoin took only 12 years to reach $1 trillion in market value, while Big Tech took much longer. Data shows bitcoin’s march towards its record peak was twice as fast as Amazon’s. Microsoft took about 44 years to hit the same mark, and Apple took 42 years. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Bitcoin surged to a new all-time high above $64,000 on Wednesday ahead of Coinbase’s market debut, in a rally that continues to be partly fueled by institutional buyers. The digital token’s ongoing daily price movements has propelled its market capitalization above $1.2 trillion, data from Coinmarketcap.com shows.… Read More
Continue ReadingFirst North American bitcoin ETF soars past $1 billion under management as interest in crypto booms
Summary List Placement North America’s first bitcoin ETF has soared past the $1 billion assets under management mark. The Purpose bitcoin ETF, ticker BTCC, is reaping rewards from being the first to launch in Canada. US regulators are yet to approve an ETF, but major firms are vying to be the first to launch. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The first bitcoin ETF in North America has soared past $1 billion in assets under management after just two months in operation, as the crypto boom sends potential buyers piling into the innovative product. Canada’s Purpose bitcoin exchange-traded fund, with the ticker BTCC,… Read More
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