Decision Made: Why to Outsource Your Asset Management April 12, 2021
Financial advisors can turn to ETF strategies in an effort to capture the high returns that are so coveted by their clients. Yet financial advisors in the 21st century must balance asset management with a wide range of other responsibilities.
In the upcoming webcast,
Decision Made: Why to Outsource Your Asset Management, Gracie Hynes, Vice President, Goldman Sachs Asset Management; Christopher Lvoff, Managing Director and Senior Portfolio Manager, Goldman Sachs Asset Management; and Michael Darling, Vice President and Sales Manager, Goldman Sachs Asset Management, will highlight the potential benefits of outsourcing components of asset management through model portfolios.
SPAC Wrap: RICE stock takes off, TWCT is muted on Deal Announcements. IPOs Take a Rest Day
RICE surged over 50% on its Renewable Gas M&A deal, while True Wind Capital s deal with Cellebrite was greeted with a much more muted reaction from the market
Author:
Apr 8, 2021
While M&A pops had returned a bit, it s been awhile since we ve seen a massive rally on a SPAC name after announcing an M&A deal, which is exactly what happened today with
Rice Acquisition Corp (RICE) up 52%. Rice is
combining Aria Energy and Archaea Energy and taking them public in a $1.15 billion merger. That will make the combined company into a leading renewable natural gas platform.
Archaea Energy to Become the Leading RNG Platform in the U S Through Combination with Aria Energy streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Judging by recently reported indicators of global economic activity, this outlook is now being borne out. The March 2021 data are consistent with an outright boom, especially in manufacturing. The recovery may be stronger than even I had anticipated, and by the end of March, the S&P 500 had risen above 4,000 for the first time.
The question, of course, is what will happen next. Will the boom last? To answer that, we should start with the most recent evidence. Among the more eye-catching figures reported for March is the Institute for Supply Management’s Purchasing Managers’ Index (PMI), which rose by 3.9 points from February to reach 64.7. The survey was published on April 1 – assuming it wasn’t a prank, that is the highest level since 1983.
SPAC Market Continues Recovery & Biggest SPAC Discounts for Thursday
The SPAC market has come back to an equilibrium where pre-deal SPACs trade close to NAV, good deals get rewarded, post-announcement execution can drive big returns, and strong IPOs could see high demand and a little pop too.
Author:
Apr 8, 2021
SPAC investors should be pleased with how the SPAC market went from peak SPAC just a few months ago to operating efficiently. There is still more to get cleared out and any combination of bad deals, silly IPOs, or bad news could change the mood, but for now investors will have confidence in the way it is operating.