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Markets wrap: U.S. stocks bounce from lowest levels of the day

Markets wrap: U.S. stocks bounce from lowest levels of the day
nationthailand.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationthailand.com Daily Mail and Mail on Sunday newspapers.

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Global stocks rout deepens to worst in almost a year: Markets wrap

Global stocks rout deepens to worst in almost a year: Markets wrap
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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Easterly Investment Partners takes stake in Snow Capital

Easterly Investment Partners takes stake in Snow Capital
Easterly Investment Partners takes stake in Snow Capital
Easterly Investment Partners has made an equity investment in money manager Snow Capital Management.
The amount of the stake and terms of the deal were not disclosed in a news release Monday.
The eight-person investment team at value manager Snow Capital Management will join Easterly Investment Partners effective July 1 as a result of the deal, according to the news release.
The combined value equity manager will have about $5 billion in assets under management. The team joining Easterly includes founder
Richard Snow, Senior Portfolio Manager ....

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SPAC investing: Experts share 'simple but not easy' arbitrage strategy

For some
SPAC
investors, it s a welcome change.
Julian Klymochko, who runs the active SPAC-focused Accelerate Arbitrage Fund (ARB), said he was very happy to see the correction.
The Canadian investor employs what he calls a simple but not easy SPAC arbitrage strategy, which distills down to buying a SPAC at or below its net asset value (or trust value) and capitalizing on the option of redeeming shares in two years or less.
The strategy fared well amid the SPAC boom last year and was up about 30%, Klymochko told Insider.
This year, despite a record 228 SPACs having raised $73.2 billion as of March 8, Klymochko was left starving for opportunities. ....

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