Author: Charlotte

Micron Technology was among the stocks that made Goldman Sachs’ coveted “Hedge Fund VIP” basket last quarter, as professional traders poured love into the maker or data and storage chips. The Wall Street investment bank used regulatory filings to analyze the holdings of 1,059 fundamentally-driven hedge funds, responsible for running $4.6 trillion of gross equity positions at the start of the second quarter. Goldman then compiled a basket of the most popular long positions, comprised of the 50 stocks that most frequently appear among hedge funds’ 10 largest holdings. This VIP basket has risen 10% year to date, outperforming the…

FYNXT CEO Samuel Aeby: Why Brokers Need Operating Systems, Not Just CRMs FYNXT CEO Samuel Aeby: Why Brokers Need Operating Systems, Not Just CRMs FYNXT CEO Samuel Aeby: Why Brokers Need Operating Systems, Not Just CRMs FYNXT CEO Samuel Aeby: Why Brokers Need Operating Systems, Not Just CRMs FYNXT CEO Samuel Aeby: Why Brokers Need Operating Systems, Not Just CRMs FYNXT CEO Samuel Aeby: Why Brokers Need Operating Systems, Not Just CRMs Should brokers build their own technology, or buy existing solutions? And with AI changing how firms manage clients, retention, and risk, are traditional CRM systems still enough? At…

SAVANNAH, Ga. (WTOC) – The gas pump and the grocery store are not the only places where every purchase is being affected by the current economy. Inflation, fuel prices rising construction costs can also impact the real estate market.Patrick Hanlon and Malory Batchelor, from Home Buyers of Savannah visited Morning Break to share tips on how to make your money go as far as it can when buying a home and how to deal with a slowdown in the local market if selling a home. Source link

For boutique and mid-sized UK wealth managers, the question is therefore whether independence can realistically be maintained over the long term or whether consolidation is increasingly becoming the default route // Image: William Barton, Shutterstock The UK wealth management sector has seen a fresh wave of deal activity in recent months as US wealth managers and private equity-backed groups continue to expand into the market.  In September 2025, Miami-based Corient agreed to acquire Stonehage Fleming (which oversees $175 billion in assets) and Stanhope Capital Group ($40 billion AuM) in a deal that will take the enlarged group to around $430…

London law firm Rosling King has been acquired by private equity-backed Horwich Farrelly after the firm filed a notice to appoint administrators earlier this month under mounting financial pressure.HF said it had taken on around 40 lawyers and staff from the firm, with the team joining on Tuesday (26 May).Rosling King filed a notice to appoint administrators on 8 May, saying it faced “significant creditor pressure” linked to large unpaid fees owed to the firm.HF said the Rosling King team would strengthen its commercial offering in areas including dispute resolution, insolvency and real estate.Rosling King senior partner Georgina Squire said:…

Key Takeaways An “axe” is a trader’s expressed interest in buying or selling a security they hold.Axes are traditionally used in bond markets, but now apply to all types of securities.Keeping axe information private helps prevent market exploitation by other traders.Understanding a trader’s axe can provide insights into their strategic trading decisions.The term “axe” should not be confused with “ax,” which is a market maker role. Get personalized, AI-powered answers built on 27+ years of trusted expertise. What Is an Axe? An axe (or “axe to grind”) is a trader’s strong interest in buying or selling a security that is…

SoFi Technologies’ bank-issued, U.S. dollar-backed stablecoin SoFiUSD is now available for SoFi members to buy, sell, hold and convert directly within the SoFi app. “Members can access SoFiUSD starting today, with full availability expected by early June as users update to the latest version of the SoFi app,” the company said in a Wednesday (May 27) press release. The stablecoin is available on Ethereum and Solana, and it will be added to other networks, according to the release. SoFiUSD is redeemable 1:1 for U.S. dollars from SoFi Bank, which maintains liquid assets to support all outstanding SoFiUSD. Regular attestations are…

FOR IMMEDIATE RELEASELocke + Co.’s Big Blaze Bourbon WinsGold at 2026 Ascot Awards & Double Gold at the 2026 Denver International Spirits CompetitionTen percent of all sales from Big Blaze Bourbon benefitsGrand County firefighters and fire prevention effortsDenver, Colo. (May 27, 2026) — The Denver distillery making whiskey from aspen trees burned in the historic East Troublesome Fire won big in their backyard at the 2026 Denver International Spirits Competition. The second release of Locke + Co.’s limited-edition Big Blaze Bourbon received unanimous double gold-level scores from a blind-judging panel of industry professionals at the prestigious competition. In addition, they…

PROVIDENCE, R.I. [Brown University] — During its annual spring meeting in May, the Corporation of Brown University elected eight new members to its Board of Trustees. Each was invited to serve on Brown’s highest governing body based on their commitment to the University and its mission of education and research.The new trustees are Suzi Kwon Cohen; Oliver Haarmann; Adam M. Korn; Frayda B. Lindemann; Alina Moran; Anne Pedrero; Logan Tullai; and Kehli Harding Woodruff. Members of the Board of Trustees customarily serve six-year terms, with new alumni trustees serving for three years. Tullai will serve as a new alumni trustee.Members are formally engaged in October at the first…

Many mutual fund advisors believe that 2026 is going to be the year of hybrid funds. Because of the uncertainties regarding the global economy and ever rising Indian stock market, advisors have been advising investors to move cautiously. In such a scenario they believe that investing in hybrid mutual funds – schemes that invest in equity and debt – may serve investors, especially new and inexperienced investors, better.Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes…