Author: Charlotte

A coalition of over 200 researchers and economists, including prominent figures like Jack Clark, Jeff Dean, and Yoshua Bengio, has issued a statement urging governments and institutions to prepare for the economic impacts of artificial intelligence. This call to action highlights concerns about potential economic disruptions caused by rapid AI advancements. The statement, released on July 13, 2026, is part of a broader dialogue on managing technological change, aligning with previous industry commitments such as Anthropic’s $200 million pledge to research AI’s economic implications. The convergence of AI leaders and economists underscores an accelerating economic transition that current policy frameworks…

Money Metals – Buy Gold, Silver & Precious Metals for Investment Gold is only down around 7 percent on the year and has remained one of the best-performing assets over the last 12 months. However, gold has fallen around 30 percent from its mid-January highs, and the bears seem to be in control for the short term. Analysts at Metals Focus expect gold to remain range-bound in the near term but still see upside over a longer time horizon. Gold’s Bearish Near-Term Interest rate expectations continue to be the primary headwind for gold. Since the oil shock at the beginning…

Macro hedge fund Deem Global has secured approximately $1bn from the Abu Dhabi Investment Council, highlighting continued institutional demand for discretionary macro strategies and Abu Dhabi’s growing importance as a source of hedge fund capital, according to Bloomberg. The investment was made before the London-based manager closed to new investors earlier this year, Bloomberg reported, citing people familiar with the matter. ADIC, an independently managed arm of Mubadala Investment Company, has not disclosed the financial terms. Founded by former Brevan Howard portfolio manager Asfandyar Nadeem, Deem Global has grown assets under management from around $300m at its 2022 launch to…

Liquidity often separates a market bottom from a prolonged bear phase.The logic is simple: During a risk-off market, capital can either move to the sidelines or leave the crypto ecosystem altogether. Understanding the difference between these two behaviors is key to identifying whether the market is approaching a bottom or entering a deeper bear phase. Notably, this is where the latest stablecoin flows come into focus. As the chart below shows, the stablecoin market cap has fallen by nearly $10 billion since May, with $7.7 billion leaving in June alone, marking the largest monthly contraction since the Terra-Luna collapse in…

The arrival of the monsoon has finally brought much-needed relief from one of northern India’s hottest summers in recent years. But even as cooler winds sweep across much of the country, they cannot erase what the heat has already left behind. Before the rains arrived, schools had shortened hours, construction activity had slowed, and India’s peak electricity demand had climbed to a record 270.73 GW as millions struggled to stay cool. Elsewhere, even before the monsoon had fully set in, torrential rains washed away roads, damaged crops and disrupted supply chains. None of these appeared to be an economic crisis…

PHILADELPHIA, July 13, 2026 /PRNewswire/ — The reorganization of abrdn National Municipal Income Fund (“VFL”) into Aberdeen Municipal Income Fund (NYSE; MFM) (the “Fund”) was successfully completed prior to the opening of the New York Stock Exchange on July 13, 2026. In the reorganization, VFL’s common shareholders received an amount of MFM common shares with a net asset value equal to the aggregate net asset value of their holdings of VFL’s common shares, as determined at the close of regular business on July 10, 2026. VFL common shareholders received 1.87521869 of a newly issued MFM common share for every 1 share of…

US asset manager Churchill Asset Management and Temasek’s main asset management platform Seviora Holdings have closed a collateralised fund obligation (CFO) at approximately $400m (£298.4m) that will invest across US and Asian private capital strategies. The CFO provides institutional investors with diversified exposure across sponsors, investment strategies and geographies by investing across Churchill’s US junior capital and private equity secondaries strategies and Seviora’s Asian private credit and global fund-of-funds strategies. Read more: Churchill raises $13.6bn in record 2025 With 50 per cent exposure to each of the two platforms, the CFO aims to meet investor objectives, including credit exposure, yield…

Hamilton Lane announced it has closed on $3.8 billion in total commitments for its Direct Equity strategy in and alongside the final closing of Hamilton Lane Equity Opportunities Fund VI. The fundraising reflects strong investor interest in Hamilton Lane’s investment performance track record and differentiated investment approach. The prior vintage, Hamilton Lane Equity Opportunities Fund V, closed at $2.1 billion. EO VI seeks to provide investors with diversified exposure to middle-market buyout opportunities through Hamilton Lane’s global Direct Equity platform. The fundraising included participation from a wide range of global investors, including public pensions, sovereign wealth funds, Taft-Hartley pension plans,…

13h05 ▪ 5 min read ▪ by Evans S. Summarize this article with:ChatGPTPerplexityGrok Bitcoin sees its dominance challenged by Ethereum on a closely watched indicator: the ETH/BTC ratio. Rising to 0.02858 BTC, Ethereum breaks a resistance of several weeks. For Tom Lee, this movement may signal a return of altcoins. But the signal remains fragile, as bitcoin still holds the psychological advantage in the market. In Brief Ethereum gains ground against bitcoin with an ETH/BTC ratio at 0.02858. Tom Lee sees this move as a possible signal of altcoins returning. Bitcoin still retains its central role in guiding the market.…

The easing of geopolitical uncertainty following the signing of the agreement between the US and Iran and its immediate impact on energy prices has rebalanced the short-term risk map, just as we are entering the time of year when financial variables are most sensitive to any disturbance. The energy channel’s response to the nascent reopening of Hormuz has been more intense than expected. Indeed, oil prices have almost returned to their starting point (around 70 dollars), and futures are anticipating average prices through to the end of 2027 well below the assumptions used in most baseline forecast scenarios. It is…