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This Day In Market History: The First Emerging Market Equity Fund Launches
Friday, February 26, 2021 - 12:36pm | 399Read More...Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day in 1987, Franklin Templeton launched the first-ever emerging markets equity fund for retail investors. Where The Market Was The S&P 500 was trading at 282.9 and the Dow...
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Sunlight Financial Strikes Deal With Apollo SPAC, Chamath Palihapitiya PIPE
Monday, January 25, 2021 - 12:53pm | 529Read More...A solar based company lands a SPAC deal on Monday from an impressive list of financial backers. The SPAC Deal: Sunlight Financial is going public with Spartan Acquisition Corp II (NYSE: SPRQ). This is the second Spartan Acquisition SPAC from Apollo Global Management (NYSE: APO). The first SPAC from...
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North American Electric Bus Leader Proterra SPAC Deal: What Investors Should Know
Tuesday, January 12, 2021 - 11:50am | 617Read More...A leading electric bus maker is going public via SPAC in a deal announced Tuesday morning. The SPAC Deal: Electric bus leader Proterra is being taken public by ArcLight Clean Transition Corp (NASDAQ: ACTC). The deal values Proterra with an enterprise value of $1.6 billion. Current ArcLight...
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Fintech Focus For December 29, 2020
Monday, December 28, 2020 - 6:26pm | 1852Read More...Quote To Start The Day: “[T]his has actually been a phenomenal year for fixed income, and yields have plummeted, which is not all that phenomenal. But it has led to phenomenal returns for investors. But with yields now really at these very, very low levels across the curves and across the...
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Fintech Focus For October 23, 2020
Thursday, October 22, 2020 - 7:11pm | 2440Read More...Quote Of The Day: Do not be mistaken. The relative calm we feel right now isn’t the end of the storm, it is just the eye. - Scott Minerd Fintech Movers: Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions...
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Fintech Focus For August 4, 2020
Tuesday, August 4, 2020 - 11:09am | 2800Read More...Daily Perspective: Don’t count the days, make the days count. - Muhammad Ali Fintech Movers: In Latin America, women are stepping up as fintech leaders, with five times as many female-founded fintechs as the global average. - Crunchbase Quantamental investment strategy shines. Virtu...
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Franklin Templeton's LibertyShares Launches Active Core Bond ETF
Saturday, September 21, 2019 - 4:34pm | 466Read More...LibertyShares, Franklin Templeton's brand of exchange traded funds, added to its lineup of fixed-income funds this week with the debut of the Franklin Liberty U.S. Core Bond ETF (NYSE: FLCB). What Happened The new Franklin Liberty U.S. Core Bond ETF can be used as an alternative to...
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Franklin Templeton Adds 3 Smart Beta ETFs
Monday, May 1, 2017 - 9:49am | 394Read More...The universe of smart beta exchange-traded funds is getting bigger thanks to the addition of three new ETFs from Franklin Templeton. Franklin Templeton introduced four smart or strategic beta ETFs last year and the issuer also offers four actively managed ETFs, giving it an ETF lineup of 11. FLQL...
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Fund Manager Franklin Templeton Bets On Higher Oil Prices
Wednesday, June 22, 2016 - 11:06am | 327Read More...Franklin Templeton Investments, which has $740 billion in assets under management, has been making some big bets that the oil rally is far from over. WTI prices, which dipped near $26/bbl in February, have recovered to around $50/bbl in recent weeks. However, Franklin Templeton believes that prices...
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Falling Yen is Biggest Risk to South Korea ETF
Monday, April 29, 2013 - 12:43pm | 656Read More...The bad news, part of the bad news anyway, is that the iShares MSCI South Korea Capped Index Fund (NYSE: EWY) is down 12.5 percent year-to-date. That makes EWY, one of the largest country-specific emerging markets ETFs by assets with over $3.26 billion, a laggard among funds tracking emerging Asian...
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South Africa: Profits And Peril
Friday, October 12, 2012 - 8:32am | 760Read More...South Africa's investment thesis is bifurcated. On one hand, this is Africa's largest economy and by far the most advanced. The country is the world's largest platinum producer and a major producer of gold and palladium. South Africa's ascent up the global economic ladder has prompted some...
