Explore the exciting world of MercadoLibre (NASDAQ: MELI) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices
Explore the exciting world of MercadoLibre (NASDAQ: MELI) with our contributing expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!*Stock prices used were the prices
Yoga-wear maker Lululemon on Wednesday said its board had approved Nike veteran Heidi O’Neill as its new CEO. But analysts said it was too early to tell if that was the right call, and said questions about Nike’s current struggles could spill over into her new job.
Yoga-wear maker Lululemon on Wednesday said its board had approved Nike veteran Heidi O’Neill as its new CEO. But analysts said it was too early to tell if that was the right call, and said questions about Nike’s current struggles could spill over into her new job.
(RTTNews) - The Japan stock market has finished higher in three consecutive trading days, advancing almost 1,100 points or 1.8 percent to a fresh record closing high. The Nikkei finished just beneath the 59,590-point plateau and it's expected to open to the upside again on Thursd
(RTTNews) - The Japan stock market has finished higher in three consecutive trading days, advancing almost 1,100 points or 1.8 percent to a fresh record closing high. The Nikkei finished just beneath the 59,590-point plateau and it's expected to open to the upside again on Thursd
fatido/iStock Unreleased via Getty Images Thesis We first wrote about the JPMorgan Core Plus Bond ETF ( JCPB ) three years ago when we did not like the fund's analytics and preferred a long position in another JPM fund, namely the JPMorgan Income ETF ( JPIE ). A lot has changed since, with JCPB finding its stride and posting attractive results, prompting us to revisit the name and re-rate it. What...
fatido/iStock Unreleased via Getty Images Thesis We first wrote about the JPMorgan Core Plus Bond ETF ( JCPB ) three years ago when we did not like the fund's analytics and preferred a long position in another JPM fund, namely the JPMorgan Income ETF ( JPIE ). A lot has changed since, with JCPB finding its stride and posting attractive results, prompting us to revisit the name and re-rate it. What Does the Fund Do? The ETF is a multi-asset one that: Expands opportunities for returns and income by combining a broad foundation of high-quality core bonds with dynamic sector allocation and a macro overlay. Draws on the best ideas of the entirety of J.P. Morgan’s fixed Income platform across a wide investable universe. Integrates bottom-up security selection with top-down analysis improves potential for attractive risk-adjusted returns and increased income. Active funds have the ability to pivot from overpriced segments of the market into underpriced ones and generally position a fixed income portfolio to align it with the current macro conditions. The fund is currently overweight in treasuries and corporate bonds. Holdings (Fund Fact Sheet) Treasuries represent 37% of the portfolio, followed by corporate bonds at 24% and Agency MBS securities at 22%. The current build is substantially overweight in investment-grade assets, which make up most of the portfolio: Ratings (Fund fact sheet) The fund only contains 12.4% in below investment grade assets, mainly in the double-BB bucket. The rest of the holdings are investment grade, with a 10% not-rated bucket. This build ensures rates are the main risk factor, followed by credit spreads. The ETF is very granular, containing over 2,000 names, and comes with a 6.1-year duration. Additional analytics are as follows: AUM: $11 billion Expense ratio: 0.38% SEC yield: 4.7% Portfolio YTM: 5.22% The ETF has a very sizable AUM of $11 billion and comes with a 4.7% SEC yield. Do remember that when looking at an active fixed income ETF, one...
Manhattan Associates (NASDAQ: MANH) had no problem getting over the hump on Hump Day. Investors piled into the stock of the supply chain management software specialist following its latest earnings release, and drove the shares to a daily gain of almost 6%. Manhattan's first-quarter results, published just after market close on Tuesday, showed that the company's revenue for the period was just ove...
Manhattan Associates (NASDAQ: MANH) had no problem getting over the hump on Hump Day. Investors piled into the stock of the supply chain management software specialist following its latest earnings release, and drove the shares to a daily gain of almost 6%. Manhattan's first-quarter results, published just after market close on Tuesday, showed that the company's revenue for the period was just over $282 million. That was 7% higher year over year. The growth was driven mainly by a robust (24%) increase in cloud subscription revenue to $117 million. Image source: Getty Images. Continue reading
Chinese President Xi Jinping’s phone call with Saudi Arabian Crown Prince Mohammed bin Salman, in which he called for the reopening of the Strait of Hormuz, was his second conversation in a week with Middle Eastern leaders calling for a de-escalation of the regional conflict. What set this call apart, however, was that it was initiated by the Saudi leader. This is both highly symbolic and signific...
Chinese President Xi Jinping’s phone call with Saudi Arabian Crown Prince Mohammed bin Salman, in which he called for the reopening of the Strait of Hormuz, was his second conversation in a week with Middle Eastern leaders calling for a de-escalation of the regional conflict. What set this call apart, however, was that it was initiated by the Saudi leader. This is both highly symbolic and significant. Riyadh has long been Washington’s anchor ally in the Middle East. Turning to China in the midst...
China's "National Team" Dumped ETFs In Q1 To Cool Overheating Market For years, and especially after the local stock bubble burst in spectacular fashion a little over a decade ago, China's "National Team" - a polite euphemism for the country's Plunge Protection Team - could be relied upon to step in and provide a lending hand - or rather buying hand - to stabilize stocks in the nick of time. Well,...
China's "National Team" Dumped ETFs In Q1 To Cool Overheating Market For years, and especially after the local stock bubble burst in spectacular fashion a little over a decade ago, China's "National Team" - a polite euphemism for the country's Plunge Protection Team - could be relied upon to step in and provide a lending hand - or rather buying hand - to stabilize stocks in the nick of time. Well, it may be time to rename it to the Surge Protection Team According to Bloomberg , China’s “national team” has stepped back from its dominant role in the country’s biggest stock ETFs, pointing to efforts to rein in an overheated rally earlier this year. Central Huijin Investment Ltd - a core unit of China’s sovereign wealth fund that traditionally led a group of state-backed investors used to stabilize markets - cut its ownership in several key exchange‑traded funds to below the 20% disclosure threshold, according to first‑quarter filings. Its current stake is unclear and won't be reported until sometime in the summer. The disclosures, according to Bloomberg, offer the clearest confirmation yet that the national team cut a substantial portion of its ETF holdings in January , as turnover hit a record and the rally turned increasingly speculative, particularly in parts of the technology sector. They also indicate Beijing is no longer just propping up the market, but is willing to drain speculative excess — a break from past rescue playbooks. Central Huijin and its asset management arm may have reduced their holdings by at least half in flagship products such as the 200 billion yuan ($29.3 billion) Huatai-PineBridge CSI 300 ETF. The two entities held 42.6% and 40% respectively as of the end of last year. Even smaller funds such as the HuaAn SSE 180 ETF, previously 92% owned by the national team, reported no single shareholder above the 20% threshold, indicating the stakes were cut across the board. Quarterly ETF filings only require disclosure of investors with holdings of 20%...