Hedge Fund Bets Against Hong Kong’s Dollar Peg Have a Long History—and Little Success

[ad_1] Markets Most Wall Street traders and analysts expect Hong Kong’s de facto central bank to stand firm [ad_2] Source link

WSJ News Exclusive | Microsoft Invests in Silicon-Battery Material Upstart

[ad_1] Group14, now valued above $3 billion, also got a $100 million government grant to boost domestic battery production. [ad_2] Source link

Hedge-Fund Bets Give Boost to Huge Texas Teachers’ Pension

[ad_1] Gains from Man Group and Citadel contributed to the $184 billion fund’s performance. [ad_2] Source link

You Bought a Hot Fund. Now It’s on Ice.

[ad_1] Investors who piled into an unconventional Blackstone real-estate fund now can’t get more than a sliver of their money out. [ad_2] Source link

Fidelity International Wins China Mutual-Fund License

[ad_1] The asset manager follows BlackRock and Neuberger Berman in getting Chinese regulatory approval to manage money for individual investors. [ad_2] Source link

Carvana Shares Tumble as Company Taps Adviser

[ad_1] Used-car dealer Carvana Co. hired a financial adviser and the company’s creditors banded together to protect themselves, according to people familiar with the matter, while the company’s shares plunged…

WSJ News Exclusive | Fanatics Hits $31 Billion Valuation in Latest Funding Round

[ad_1] The sports-merchandising company raised about $700 million from a group of investors, including Clearlake Capital, Silver Lake and SoftBank. [ad_2] Source link