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The Philippines' New Sovereign Fund Gets A Cool Reception | Global Finance Magazine

Concerns about corruption and mismanagement hamper the Philippines\' sovereign wealth fund launch. ....

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France To Appoint Envoy For Sovereign Funds | Global Finance Magazine

Although the precise remit has not been defined, the envoy will focus on the major funds in the Persian Gulf. ....

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Gulf States Grapple With Russia Fallout | Global Finance Magazine

Rising oil prices and falling wheat supplies play key roles in shaping the region’s strategic response. ....

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Reddit-CEO stolz auf WallStreetBets: "Community, die ins Establishment einbricht"

Reddit-CEO stolz auf WallStreetBets: "Community, die ins Establishment einbricht"
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A 10-year-old got 10 GameStop shares - a year later they were worth US$3200

The GameStop stock surge has benefited small-scale investors, many of them surprised at their unlikely windfalls.
Is this really happening right now? Jaydyn s mother, Nina Carr, remembers asking herself. I couldn t believe it was true.
Carr, 31, was working in her home office on Wednesday when a slew of news alerts about GameStop s Reddit-spurred surge started appearing on her phone. Her jaw dropped.
Once she absorbed the news, she sprinted to her son s bedroom.
I was so excited for him, she said. In simple terms, she described to Jaydyn what happened to his GameStop shares and why they suddenly skyrocketed.
She was saying that stocks hardly ever go up this way, so if I wanted to sell it, we should sell it now, Jaydyn said. ....

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