Allianz, the German insurance and financial services company, will put $120 million into an African frontier market infrastructure program. Allianz thus becomes the largest contributor to the Emerging Africa Infrastructure Fund (EAIF). The EAIF is a decade-long private sector investment mobilization initiative to modernize African infrastructure, energy systems and business outreach. London-based Investec Asset Management is the […]
After a recent onslaught of U.S.-imposed sanctions, Americans should think carefully before investing in Russian assets. That is the advice of economic experts on the matter. Russian markets and assets had entered into a recovery phase after a severe economic downturn following the 2015 oil price collapse. The Russian economy is largely dependent on oil […]
In an ironic twist, just as the market is experiencing tumult for the first time a decade, large companies are not only boosting the amount of the dividends payable to stockholders but are increasing the payout as well. February is the busiest time of the year for dividend announcements as companies disclose their annual results […]
While, there’s no denying that the U.S. economy is currently strong, experts warn that there may be trouble ahead. In order to understand these risks, one has to take an in-depth look at the chief economic indicators and truly understand what they convey about America’s financial future. For example, while it is notable is that […]
Jeff Bezos, the world’s richest man and founder of Amazon, continues to innovate and try to outsmart the competition. In a note to investors he announced that 100 million people are paying members of Amazon Prime, the Internet retailer’s subscription membership. That numbered grabbed headlines. What people missed is how Bezo plans to tackle his […]
Investors with ethical concerns can now put their money where their mouth is — and still enjoy lucrative returns. Ethical investment approaches — sometimes called socially responsible investing (SRI), environmental, social and governance (ESG) or simply sustainable investing — have seen an increase in interest from both retail and institutional investors. The world’s largest investment […]
For purposes of collecting Social Security benefits, the conventional wisdom says that you should not retire until you have reached your full retirement age (FRA). However, there may be circumstances where it would be advantageous to retire when you reach 62. A 2015 study by the by Center for Retirement Research shows that 48% of […]
President Trump now supports legislation to protect the growing cannabis industry in states that have legalized the drug. This positive federal move lifts a threat to the marijuana industry made by the anti-pot U.S. Attorney General Jeff Sessions just a few months ago. Colorado Sen. Cory Gardner (R) said that he has received a clear […]
Microsoft founder and billionaire Bill Gates (net worth $91 billion!) thinks it’s guaranteed that the world there will face another major financial crisis, maybe even one worse than 2008. He just can’t say when. The tech titan, philanthropist and Warren Buffett confidant offered this alarming assessment during a Reddit “Ask Me Anything” session last week […]
Bank of America investment strategists are now calling the rise and fall of Bitcoin in late 2017 and early 2018 “one of the greatest asset price bubbles in history.” After nearing $20,000 in mid-December, the virtual currency fell to $6,598 in mid-April. It trades this morning at around $8,050. Merrill chief investment strategist Michael Hartnett […]
