Nasdaq correction: Is tech sell-off an opportunity?
Nasdaq correction: Is tech sell-off an opportunity?
Source: investorideas.com
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Terry Smith paid record £36m despite turbulent year for Fundsmith
Star stockpicker Terry Smith received a record £36m payout last year despite a turbulent year.
Source: investmentweek.co.uk
Sweeping tech sell-off sees LPs shift PE strategies to stem damage | AltAssets Private Equity News
Private equity has been posting stellar results in recent years, with the booming growth in the tech sector a key plank in that performance for many firms. But tech’s woeful start to 2022, which has seen the Nasdaq index plunge 28% into a bear market, LPs are starting to review their portfolios and look for a more balanced risk-growth adjustment.
Source: altassets.net
Tiger Global Suffers $17 Billion Loss in 2022 As Big Tech Bets Go Sour
In four months, hedge fund Tiger Global has wiped out around two-thirds of its cumulative gains since 2001.
Source: businessinsider.com
Stock Market Outlook: Tech Stocks Face 'Bumpy Ride' Amid E-Commerce Woes
"[We're] in the middle of a long deleveraging cycle that's going to continue to be painful," said investor Mike Ghaffary during Thursday's stock rout.
Source: businessinsider.com