Sales & Marketing news

• Coatue is returning all outside capital in its $350 million quant fund after computer-driven trades broke down in extreme market volatility

  19-06-2020 20:12 via feedproxy.google.com
  
  Billionaire Philippe Laffont's Coatue Management is returning outside capital in the firm's quant fund to investors, sources tell Business Insider.
  The fund, started roughly a year ago, ran around $350 million, but pulled back its exposure from the markets significantly in March and April.
  A source close to the firm tells Business Insider it plans to continue trading the strategy with internal money, and hopes to eventually reopen it to outside investors again.
  For more stories like this, sign u
  
  Read more

• 'We grow money a million times faster than Warren Buffett': The SEC brought fraud charges against a pair of over-70s running a $30 million scheme that promised ridiculous returns to investors

  19-06-2020 15:39 via feedproxy.google.com
  Two men in their 70s told investors their sports-betting system could deliver far better returns than Warren Buffett, when in fact they were running a $30 million fraud, the SEC alleged last August.
  "The King – Warren Buffett – takes more than six years to triple an investor's funds," Thomas Becker told one investor. "We triple money in less than 6 months."
  "We grow money a million times faster than Warren Buffett ... actually we grow it a quadrillion times faster," John Thomas told
  
  Read more

• These 5 charts signal that a US economic recovery is underway in key industries decimated by the coronavirus pandemic

  19-06-2020 15:37 via feedproxy.google.com
  
  Sweeping lockdowns to curb the spread of coronavirus shocked the US in mid-March and quickly pushed the economy into a recession. 
  But states started to slowly reopen parts of their economies in April, and by the end of May, all 50 US states had relaxed at least some of their lockdown restrictions. 
  Now, real-time data, or "high-frequency" indicators, are showing signs of life again as the US economy reopens and begins to recover. 
  Visit Business Insider's homepage for more storie
  
  Read more

• Legendary investor Jeremy Grantham says the stock market right now is in the 4th 'real McCoy' bubble of his career

  19-06-2020 15:33 via feedproxy.google.com
  The renowned investor Jeremy Grantham told CNBC on Wednesday that the US stock market seemed to be forming a "real McCoy" bubble that might end up hurting investors.
  Grantham said the strong rebound in US stocks from lows in March was "crazy" and might be the fourth major market bubble in his long career.
  The investing legend is notable for calling three previous market bubbles: Japan's in 1989, the tech bubble in 2000, and the US housing crash in 2008.
  Visit Business Insider's homepage for more
  
  Read more

• Advertisement

• The stock market could be on the verge of a 'lost decade,' Ray Dalio's Bridgewater warns

  19-06-2020 15:31 via feedproxy.google.com
  Ray Dalio's Bridgewater Associates said in a note on Tuesday that the stock market could be on the verge of a "lost decade" for investors, Bloomberg reported on Thursday.
  A "lost decade" for stocks would reverse a years-long trend of strong growth for corporate earnings as globalization has already peaked, Bridgewater said.
  The firm said the COVID-19 pandemic would harm companies. "Left with lower levels of profits and cash shortfalls, companies are likely to come out on the other side of the co
  
  Read more

• Jefferies created a 6-step process for finding companies that will keep paying strong dividends — and landed on these 20 global stocks as 'rock-solid' picks

  19-06-2020 15:15 via feedproxy.google.com
  
  Jefferies strategist Desh Peramunetilleke says investors don't appreciate how many more companies are going to cut their dividends in the near future.
  Peramunetilleke and his team created a six-step process to find the companies least likely to make those cuts and narrowed them down to 20 companies spread around the world.
  The steps were intended to find companies with good starting dividends, strong financials, and decent earnings.
  Click here to sign up for our weekly newsletter Investing Insid
  
  Read more

• Here are the 10 biggest stock exchanges in the world, ranked by market cap

  19-06-2020 14:17 via feedproxy.google.com
  Traders increasingly turn to exchanges worldwide for round-the-clock price action.
  While the London and New York stock exchanges are the world's oldest, new firms sprang up throughout Asia and Europe in the 1990s and early 2000s.
  Here are the world's biggest stock exchanges in ascending order of market cap.
  Visit the Business Insider homepage for more stories.
  With market volatility stabilizing at heightened levels and investors monitoring price action throughout the day, stock exchanges around
  
  Read more

• 'This is so hard!': Inside a 2-day virtual gathering of value investors struggling to make sense of upside-down markets

  19-06-2020 14:00 via feedproxy.google.com
  
  Value investors, who seemed poised to take control during the initial market crash from the pandemic, have been steamrolled by rising markets. 
  That followed years of underperformance, as the long-running bull market following the financial crisis yielded double-digit growth across the board. 
  At a two-day virtual conference the New York chapter of the CFA Institute hosted this week — named after Ben Graham, the father of value investors — speakers touched on their picks in
  
  Read more

• Advertisement

• Billionaire Chamath Palihapitiya says the Fed and Treasury's actions at the start of coronavirus were a 6-week-long 'drunken binge'

  19-06-2020 12:22 via feedproxy.google.com
  Billionaire Chamath Palihapitiya said actions of the Treasury and the Fed in pumping trillions of dollars of stimulus into the economy were just a "drunken binge".
  "It will play out in ways that will have a lot of unintended consequences," he said on Bloomberg's "Odd Lots" podcast this week.
  The founder and chief executive of Social Capital said he would have preferred a "bottom up" approach, such as giving firms incentives to carry out research and development.
  Visit Business Insider's homepage
  
  Read more

• Carnival is selling 6 cruise ships after a $4.4 billion loss, a sign of the industry's bleak future in the coronavirus pandemic

  19-06-2020 10:49 via feedproxy.google.com
  
  Carnival Cruises, which includes brands such as P&O, Princess Cruises and Cunard, is to sell 6 ships amid a downturn caused by the coronavirus crisis.
  The industry has been hammered by COVID-19 after multiple outbreaks occurred at sea, and ports around the world closed to cruise ships. 
  Carnival said it lost $4.4 billion in the past three months, and doesn't know when it can resume normal operations.
  Visit Business Insider's homepage for more stories.Carnival is planning to sell 6 of it
  
  Read more

• Spotify inks podcast deals with DC Entertainment and Kim Kardashian West

  19-06-2020 01:06
  
  Spotify, the music and audio streaming service, has taken two further significant steps to challenge Apple’s dominance of the podcast market by signing exclusive deals with DC Entertainment and celebrity Kim Kardashian West.
  
  Read more

• JD.com’s 618 event provides a welcome boost for Chinese retail

  19-06-2020 01:06
  
  Shopping malls in China have remained quiet despite the easing of restrictions that were imposed to combat COVID-19, but encouragingly the country has been making up some of the shortfall with booming trade on e-commerce platforms.
  
  Read more

• Hospitality sector gears up for Q4 rebound and ‘Generation Clean’

  19-06-2020 01:06
  
  Despite being one of the hardest hit industries, the hospitality sector remains positive in its outlook, anticipating recovery to begin as early as Q4 of this year.
  
  Read more

• Gen Z acquires a TV habit

  19-06-2020 01:06
  
  Gen Z is typically less engaged with traditional media, but COVID-19 is drawing a younger audience to TV and is likely to change their media consumption habits permanently.
  
  Read more

• Deliveroo Singapore acts on social listening

  19-06-2020 01:06
  
  Social listening is of heightened importance for brands at a time of profound disruption to consumer habits during the COVID-19 pandemic, as the example of #savefnbsg shows.
  
  Read more

• Bucking gender stereotypes in ads pays off

  19-06-2020 01:06
  
  Brands that flip outmoded stereotypes and depict women in roles that have traditionally been associated with men could witness several beneficial effects, according to a study published in the Journal of Advertising Research (JAR).
  
  Read more

Follow @sales_mrktinguk on Twitter!