Investors have put more money into stocks in the last 5 months than the previous 12 years combined. More money has gone into stock-based funds over the past five months than the previous 12 years combined, according to Bank of America. In raw numbers, $569 billion has flowed into global equity funds since November,…
Are We Witnessing the Start of a New Commodities Supercycle? “Governments and private companies are increasingly pledging carbon reduction measures, heightening demand for certain metals.” “A weakened U.S. dollar, zero interest rates and pent-up demand may be contributing to the second supercycle this century.” Commodity super cycles are decade-long periods in which commodities…
Dollar holds advantage on economic optimism, euro looks vulnerable The dollar traded near multi-month highs against most major currencies on Friday, supported by a wave of optimism due to improving US economic data, the rollout of coronavirus vaccines, and rising Treasury yields. The euro was in focus ahead of data on German business sentiment…
Sustainable investment boom sees huge surge in ESG funds With the rising popularity of ESG funds, investors have to be careful not to fall foul of greenwashing. Proposed EU regulations may help them to do just that 2020 was a watershed year for ESG funds. Investment strategies that take environmental, social and corporate governance…
Screened out by a computer? What job interviews are like without human beings Experts predict “asynchronous” one-way interviews will outlast the COVID-19 pandemic As the coronavirus pandemic continues, job-seekers expect to attend employment interviews online. But increasingly, the employers and recruiters looking to hire are sitting those same interviews out. Instead of asking candidates questions face-to-face, many…
Hedge fund manager Hohn pays himself $479m Pay-out marks one of the biggest ever in the UK after his firm’s profits surge “Christopher Hohn described himself as ‘an unbelievable moneymaker’ in 2014 court testimony during his divorce” Billionaire hedge fund manager Sir Christopher Hohn has paid himself a dividend of $479m, one of the…
Why you should resist the urge to multitask during Zoom meetings It’s so tempting, but it can wreak havoc on your productivity. Here’s how to find your focus instead. We’ve all heard that multitasking is bad and switching between activities makes it harder to complete them. But let’s be honest—many of us multitask…
First Woman, First African to Lead WTO: Who’s Ngozi Okonjo-Iweala? Dr Okonjo-Iweala has earlier broken glass ceilings as Nigeria’s first woman foreign minister and finance minister. Over 26 years since the establishment of the World Trade Organisation (WTO), a woman has never helmed the international body that deals with global trade rules, resolves trade…
Amsterdam ousts London as Europe’s top share trading hub UK’s departure from the EU prompts shift in dealing of stocks and derivatives Amsterdam surpassed London as Europe’s largest share trading centre last month as the Netherlands scooped up business lost by the UK since Brexit. An average €9.2bn shares a day were traded on…
Musk’s Tesla says it invested $1.5 billion in bitcoin, sending the cryptocurrency to record levels near $44,000 Tesla plans to accept bitcoin as payment for its products, filings with regulators on Monday show Elon Musk’s Tesla Inc. said that it has acquired $1.5 billion in bitcoins in January and that it could accept the…
