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☆ Want to dodge the market volatility and capture the upside? This JPMorgan ETF's manager reveals how he's doing it
▼ + stars: | 2024-11-07 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

The JPMorgan Asset Management's U.S. fund, already the largest active ETF in the world, returned 21.5% in 2021, including 8.15% as income. In 2022, when the S & P 500 index nearly fell into a bear market, the fund lost just 3.5% in value. Over the past couple of years, the fund has returned 7% to 9% in income on top of capital appreciation. Spence stressed that JPMorgan did not intentionally time its entry into Europe on one of the most volatile weeks of the year for global markets. One such fund is Global X's covered call ETF XYLD , which marginally outperformed JPMorgan's JEPI over the past two years.

Persons: Donald Trump's, JEPI, Hamilton Reiner, Travis Spence, Spence, Reiner Organizations: JPMorgan, JPMorgan Asset Management's, CNBC, London Stock Exchange, Deutsche Borse, Six Swiss, Asset Management, U.S, Presidential, Global Locations: Europe, Germany, U.S, London, Netherlands, Italy, Switzerland

☆ This crypto business just acquired a Swiss asset manager to take their business to the next level
▼ + stars: | 2024-10-28 | by ( ) www.businessinsider.com time to read: +4 min

The acquisition of Crypto Finance Asset Management by Matrixport is taking the crypto financial services hub into new markets. The new acquisition is an entry point to the European crypto asset management marketKeen to maximize what it offers its investors, Matrixport has gone one step further through the 100% equity acquisition of Crypto Finance (Asset Management) AG (CFAM), a licensed Swiss crypto asset manager. Previously part of the Deutsche Börse Group-owned Crypto Finance Group, following the all-cash acquisition, CFAM will be renamed to Matrixport Asset Management (MAM). Through the acquisition, Matrixport gains entry into the European crypto asset management market. With such an array of services available, the acquisition enables clients access to innovative crypto asset management products.

Persons: Matrixport, Keen, CFAM Organizations: Crypto Finance, Management, Asset Management, Deutsche Börse, Matrixport Asset, Swiss Financial Market Supervisory Authority, MAM, US Securities, Exchange, underwriters, APEX Group, Insider Studios Locations: Swiss, Europe, Hong Kong, Matrixport

GLD 5Y mountain GLD The SPDR Gold Shares ETF is the world's largest, with BlackRock's iShares Gold Trust and iShares Physical Gold ETC the second and third, respectively. Other top physical gold ETFs include the Borse Commodities GmbH Xetra-Gold and the SPDR Gold MiniShares Trust . Gold mining ETFs Buying gold mining ETFs — which own shares of multiple gold mining companies — is another way to get exposure to gold, and Meyer described those backed by large banks as "relatively safe," in an email to CNBC. "Even though gold equities respond to changes in gold price, the degree of that response has deteriorated over time," he said, adding that the risks and costs of gold extraction can weigh on miners. A selection of gold bars and one-ounce gold coins at Gold Investments Ltd. bullion dealers in London, UK, on Tuesday, May 21, 2024.

Persons: Tom Price, Price, Berenberg, Robin Bhar, Amy Arnott, John Meyer, Colin Hamilton, BlackRock's, Meyer, Barrick Gold Panmure Liberum, George Milling, Stanley, they're, Morningstar's Arnott, Bhar, Chris Ratcliffe Organizations: CNBC, Panmure, Bank of America, Citi, UBS, Gold, Morningstar, SP, CNBC Pro, Royal Mint, BMO Capital Markets, Borse Commodities, MiniShares, Gold Miners ETF, Miners, Barrick, Resolute Mining, Hochschild, Caledonia Mining, Barrick Gold Panmure, Endeavour Mining, Endeavour, Pan, Resources, State Street Global Advisors, Gold Investments, Bloomberg, Getty Locations: Panmure Liberum, U.S . New York, United States, U.S, Hochschild Mining, Zimbabwe, London, West Africa, Berenberg

☆ This JPMorgan ETF has beaten the S&P 500 five years in a row. Here’s how
▼ + stars: | 2024-07-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

However, one exchange-traded fund (ETF) has done just that, beating the S & P 500 index for five consecutive years. The JPMorgan US Research Enhanced Index Equity ETF has beaten the benchmark every year since 2019 and is also outperforming in 2024. However, it wasn't until 2018 that JPMorgan decided to marry this time-tested strategy with the increasingly popular ETF structure. For instance, JPMorgan's ETF is overweight Microsoft shares by 45 basis points compared to the weighting for the stock in the iShares Core S & P 500 ETF. This extensive coverage forms the backbone of the REI strategy, according to Grassi.

Persons: Piera Elisa Grassi, Raffaele Zingone, Grassi, REI, Berkshire, we've Organizations: JPMorgan US, Equity, London Stock Exchange, Borsa Italiana, Deutsche Borse, Six Swiss Exchange, JPMorgan Asset Management, JPMorgan, JPMorgan Global, Vanguard, Berkshire Hathaway, GE Aerospace, Asset Management, CNBC Locations: United States, U.S, Grassi, iShares

☆ Is meme trading back? These 4 stocks could benefit from a retail investor boom
▼ + stars: | 2024-05-15 | by ( Ganesh Rao | ) www.cnbc.com time to read: +5 min

Whether retail investors profit from their bets on GameStop and AMC Entertainment or not, one group of companies looks set to cash in from the frenzied trading: stock exchanges. So-called meme stocks, which gained popularity through social media platforms like Reddit and Twitter (or X), have attracted retail investors looking to make a quick profit. Through this new innovative offer, we will offer retail investors a true one-stop-shop experience for equity trading," he said in May 2023. "The rise of retail options trading is another secular trend we're excited to build on with more platforms coming online for index options trading later this year, giving retail investors expanded access to our products," Howson said on an earnings call to analysts this month. ICE, which owns the New York Stock Exchange and several other exchanges, offers trading in stocks, bonds, commodities, currencies and derivatives.

Persons: Eric Leupold, Deutsche Boerse, Benjamin Goy, Stéphane Boujna, FactSet, David Howson, Howson, Oppenheimer, Hannah Gooch, Peters, Marco Iachini , Organizations: GameStop, AMC Entertainment, Twitter, Deutsche Borse AG Deutsche Börse, Frankfurt Stock Exchange, Corona, Deutsche Börse, DB1, Deutsche Bank, Global Equity, Cboe, Wall Street, Intercontinental Exchange, Sanlam Investments, ICE, New York Stock Exchange, Vanda Locations: Germany, U.S, Switzerland, Italy, Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, Paris, France, Portugal, Europe

☆ The stock market is shrinking and Jamie Dimon is worried
▼ + stars: | 2024-04-09 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Jamie Dimon, one of the world’s most influential business leaders, is worried. The PE boom: The shrinking public market has private equity to blame — funds that pool money from investors to acquire or invest in companies. When a PE fund buys a public company, it takes that company private. The number of private companies in the US backed by PE firms has grown from 1,900 to 11,200 over the last two decades, according to JPMorgan data. Dimon’s company, of course, makes a huge amount of money from taking companies public, so he’s not exactly an impartial observer.

Persons: Jamie Dimon, ”, Matthew Kennedy, Dimon, “, it’s, Russell, Lewis, Glass Lewis, Wells, aren’t, Matt Egan, Donald Trump’s, That’s, Reddit, —, Read, Biden, Joe Biden’s, Sam Fossum, Anna Cooban, ” Biden Organizations: CNN Business, Bell, New York CNN, JPMorgan Chase, JPMorgan, Renaissance, PE, ” Companies, Companies, Harvard Law, Corporate, Institutional, Services, Deutsche Börse, Peloton Capital, CNN, ISS, Social, Trump Media & Technology Group, Trump, Trump Media, Twitter, White, Taiwan Semiconductor Manufacturing Company Locations: New York, United States, America, German, Arizona, ”

☆ Paris company listings raise 92% less in 2023, research says, but London holds up
▼ + stars: | 2023-07-26 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

LONDON — Funds raised by companies debuting on the Paris stock exchange fell by 92% in the first half of the year compared to the same period last year, according to new research, underperforming other exchanges in the region. The report shows that funds raised on the Euronext Paris declined to 32.8 million euros from 402.6 million euros over the first six months of the year. Companies listed on the London Stock Exchange raised £586.2 million ($751.7 million) through initial public offerings over the first six months of the year, flat on the same period in 2022. However, there were still signs of a more subdued investment environment, with funds raised through "further issues" — additional share offerings to raise more cash — down 36% to £3.65 billion. The number of companies listing across the main and smaller alternative investment (AIM) markets in London fell to 17 from 29.

Persons: Rob Crowley Organizations: Research, KPMG UK, CNBC, Euronext, London Stock Exchange, Nasdaq Nordic, German Deutsche, IONOS, LSE, UK Capital, KPMG Locations: Paris, Europe, Euronext Paris, London, Euronext Amsterdam, Milan, German

☆ European stocks cautious, with earnings and central banks in focus
▼ + stars: | 2023-07-25 | by ( Elliot Smith | ) www.cnbc.com time to read: +1 min

LONDON — European markets were muted as investors assessed economic data and corporate earnings, while gearing up for a big week of central bank meetings . The pan-European Stoxx 600 index hovered just below the flatline in early trade, with mining stocks jumping 2.7% while health care stocks fell 1%. Global investors are navigating a busy week of corporate earnings and central bank meetings. The European Central Bank meets on Thursday, when policymakers are expected to announce a 25 basis point rate hike and offer guidance for the final stages of their efforts to fight inflation. It's another bumper day for earnings stateside, with Microsoft , Google parent Alphabet , Spotify and General Motors all due to report.

Persons: Hong Organizations: Global, European Central Bank, Unilever, Deutsche, Dow Jones, Microsoft, Google, General Motors, U.S . Federal Locations: France, Germany, Europe, Italgas ., Asia, Pacific

☆ Samuel Fosso, known for his iconic self-portraits of famous figures, wins prestigious photography prize
▼ + stars: | 2023-06-07 | by ( Maheshpreet Kaur Narula | ) edition.cnn.com time to read: +4 min

These faces aren’t from history books – they are self-portraits of renowned photographer Samuel Fosso, and they have earned him this year’s Deutsche Börse Photography Foundation Prize. A jury then awards one artist a £30,000 ($37,000) prize for their significant contributions to contemporary photography. Samuel Fosso strikes the iconic pose of Olympian Tommie Smith in this photograph from the 2008 series "African Spirits." Samuel Fosso/Courtesy JM Patras, Paris“It’s never evident, what Black people suffered for independence or during slavery,” said Fosso. And yet he was still surprised to receive a call announcing he’s won this year’s Deutsche Börse Photography Foundation Prize.

Persons: Samuel Fosso, Maison, ”, ” Fosso, Martin Luther King, Jr, Shoair Mavlian, “, He’s, Prince Nico Mbarga, Tati, –, Fosso, Kwame Nkrumah, Malcolm X, Muhammad Ali, Angela Davis, Tommie Smith, Paris “ It’s, Fondation Louis Vuitton, he’s, they’ve, ” Samuel Fosso’s Organizations: CNN, Börse, ’, Central African, Guggenheim, Fondation Louis, Tate Locations: London, Europe, Nigerian, Paris, Cameroon, Nigeria, Biafra, Central African Republic, Ghana’s, New York

☆ A portfolio manager at a $41 billion investment firm explains why US stocks aren't as attractive as their international counterparts — and shares 5 recession-resistant stocks to buy now
▼ + stars: | 2023-03-29 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +8 min

Portfolio manager Emily Leveille shared 7 international stocks investors should consider buying now. After lagging behind their American counterparts for years, international equities may finally give US stocks a run for their money in 2023. Leveille is a portfolio manager who oversees the international growth strategy at Thornburg Investment Management, a firm with $41 billion in assets under management. As growth becomes more scarce during an economic slowdown, she believes that companies with resilient growth characteristics are best positioned to outperform. Another luxury brand Leveille owns is LVMH (LVMHF), which is known for its signature Louis Vuitton handbags.

HONG KONG, March 9 (Reuters Breakingviews) - European financial centres are rolling out the red carpet for Chinese companies. Its free-float market capitalisation of $1.9 trillion is just a tenth of the New York Stock Exchange, January data from the World Federation of Exchanges show. Yet as tensions between Washington and Beijing rise and Chinese companies in New York face the threat of delisting, traditionally neutral Zurich has become an attractive alternative. That removes the risk that overseas regulators will demand access to mainland companies’ books - the source of a lengthy spat between the U.S. Public Company Accounting Oversight Board and Beijing. Deutsche Börse (DB1Gn.DE), which operates Frankfurt’s stock exchange, is technically ready to launch the China-Germany Stock Connect, board representative Niels Tomm said in November.

☆ Wall Street trading firms aren't giving up on crypto just yet
▼ + stars: | 2023-02-13 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

A bunch of high-profile Wall Street investors just piled into a startup that pledges to fix a major issue in the crypto industry. And while plenty of those bets blew up — the most spectacular of which was crypto exchange FTX — that hasn't stopped Wall Street. Click here to read more about a new crypto startup that's got backing from some of Wall Street's top trading firms. For a breakdown of all the key partnerships between Wall Street and cloud partners, check out our running list of more than 30 deals. Cheman Cheung left Wall Street after his father passed away to recover from a state of "mental chaos."

☆ U.S. Exchange Stocks Lag Behind German Rival
▼ + stars: | 2022-10-27 | by ( Ben Dummett | ) www.wsj.com time to read: 1 min

Surging interest rates are benefiting German exchange operator Deutsche Börse by boosting demand for derivatives tied to borrowing costs and making some of its post-trade services more lucrative. Deutsche Börse’s stock has beaten regional and U.S. competitors this year, generating a total return, including dividends, of almost 15%. The rise puts it among continental Europe’s best-performing large stocks. It compares with declines of more than 13% for Nasdaq Inc. and more than 30% for New York Stock Exchange owner Intercontinental Exchange Inc.

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