CalPERS reported a preliminary 8.6 percent net return on investments for the 12-month period that ended June 30, 2018. CalPERS assets at the end of the fiscal year stood at more than $351 billion.
Euronext welcomed Raize Serviços de Gestão (Raize) on its listing in Euronext Access in Lisbon.
BlackRock Real Assets has completed the first close of its latest energy and power infrastructure fund, Global Energy & Power Infrastructure Fund III (“GEPIF III”). GEPIF III focuses on equity investments in the mid-market energy and power infrastructure value chain primarily in developed countries.
ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported net inflows of US$2.89 billion into ETFs and ETPs listed in Europe during May 2018, marking the 44th consecutive month of net inflows into European-listed ETFs/ETPs.
10 year US Treasury yields crossed the psychologically important 3% threshold in the 2nd quarter, the highest level in four years - buying opportunity or a falling knife? Given these critical levels and an uptick in US inflation, investors are justifiably worried about spiralling rates.