Author: Charlotte

State Street Global Advisors, the firm behind the SPDR family of ETFs, has filed for a new fund that would track the UC Investments 90/10 Endowment Strategy Index. The product would essentially bottle the University of California’s investment approach and sell it to retail investors. The concept is straightforward: roughly 90% equities, 10% bonds or cash. No exotic hedge fund allocations, no private equity sleeves, no venture capital carve-outs. Just a passive, index-based strategy modeled after one of the largest institutional investors in the country. The UC investment model, explained The University of California’s investment operation manages somewhere in the…

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Arguably no one in the investing world has bigger shoes to fill than Greg Abel, Warren Buffett’s hand-picked successor to run Berkshire Hathaway, the large conglomerate that Buffett turned into a household name, delivering incredible market-crushing returns over many decades. While no one expects Abel to be the next Buffett, as there truly is only one Warren Buffett, Abel is certainly operating under a microscope in his first year as CEO of the company. In his first quarter on the job, Berkshire made some big changes to its massive portfolio, valued at roughly $332 billion. Notably, Berkshire piled into a…

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Text version of the latest “Deconstruction.” This week, “Deconstruction” focuses on the paradox of Bitcoin’s decline, AI attacks on crypto developers, the Ethereum update crisis, and a recipe for saving DAOs. Bitcoin Emerges from Crisis The price of Bitcoin fell below $73,000 amid rising oil prices and the U.S. Treasury’s debt sales. However, analysis of data over 10 years showed no direct correlation between Bitcoin and oil prices. With the launch of spot ETFs, Bitcoin has changed its status and become structurally independent. The digital currency no longer has to automatically fall in line with traditional markets, so current fluctuations…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is part of the Financial Times free schools access programme. Details/registration to sign up here.Recommended FT articles aligned with the latest syllabus of the International Baccalaureate Diploma Program Economics course, picked by Constantine Ziogas and George Gatsios (IBEN educators).Teachers and students: click on the article links access once registered for FT access to read topics in the news that help illustrate and explain economic principles for study, class discussion and exam preparation. Source link

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What is gold and silver price prediction for Monday? Gold and silver markets ended the week with mixed signals as investors reacted to developments involving the United States and Iran. Gold prices rose after reports indicated that both countries may extend their ceasefire arrangement. A weaker US dollar and lower oil prices also provided support to precious metals. At the same time, inflation data from the United States showed price pressures remain present, leading traders to expect interest rates to stay unchanged for a longer period. These factors will likely influence gold and silver trading when markets reopen on Monday.Gold…

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Town of Barton, Wi – A sprawling commercial/industrial property at 3462 Town Hall Road in Barton has officially hit the market, offering entrepreneurs, investors, and expanding businesses a rare chance to secure more than 8 acres of high-functioning commercial space in the heart of Washington County, WI.   Listed by BOSS Realty, LLC, the property features approximately 27,382-square-feet spread across three separate buildings on 8.55 acres, creating a flexible setup for manufacturing, trucking, storage, logistics, service operations, or future redevelopment. Currently home to a thriving trucking company specializing in brokerage, sales, and service for semi-trucks and trailers, the site is…

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I.  IntroductionA vast literature in psychology and economics documents the prevalence of wrong beliefs.1 In this paper, I seek to define, distinguish, and characterize two oft-conflated senses in which beliefs can be wrong: overconfidence and optimism. An agent is overconfident if she overestimates her ability to influence (the distribution of) a payoff-relevant outcome, which I shall call “output.” By contrast, she is optimistic if her expectation of the distribution of output is unrealistically high, in the sense of first-order stochastic dominance. In simple parametric models, these two concepts typically admit natural definitions in terms of the parameters.2 In this paper,…

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2,348 private funds, with 928.7 billion yuan in combined registered assets, were registered in AprilPublished Sat, May 30, 2026 · 04:30 PMCHINA’S private fund industry grew to a record 23.5 trillion yuan (S$4.4 trillion) at the end of April, as quantitative managers gained market share and the ranks of large firms expanded rapidly, industry data showed.The figures point to improving fundraising momentum in China’s private securities-investment fund market, the country’s closest equivalent to hedge funds. Investor interest in artificial intelligence (AI)-linked strategies is accelerating a shift toward quantitative products, even as some discretionary equity managers continue to lose assets.The Asset…

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