Latest News on private equities market

Nov 23, 2023 Wealthsimple has recently launched a private equity fund with investment opportunities for retail investors. Wealthsimple's new private equity fund is managed by LGT Capital Partners, part of the Liechtenstein royal family’s wealth management group, and represents its third private asset product. This move aligns with a growing trend among fund managers to

Open Finance Report | Nov 23, 2023 'Open Finance' is at the forefront of financial innovation, promising to redefine how we interact with financial data. The recent OECD report on "Open Finance Policy Considerations" offers a comprehensive analysis of this paradigm shift, highlighting its potential benefits, inherent risks, and the critical considerations for successful implementation.

AI | Nov 23, 2023 Sam Altman Returns to OpenAI and New Strategic Board.  A Remarkable Turnaround in AI Leadership Altman's abrupt dismissal, which led to a near-unanimous threat of resignation from OpenAI's 750-strong workforce, was quickly followed by an "agreement in principle" for his return. This decision underscores the critical role Altman plays in

Nearly 250,000 Honda vehicles were recalled mid-November for possible engine damage. Recall repairs are usually covered; rental cars are not.

Nov 23, 2023 Transformative Approach to Regulation Focusing on Innovation and Economic Growth In November 2023, the UK government received a key document, the "Pro-innovation Regulation of Technologies Review – Cross-cutting and Growth Duty," authored by Professor Dame Angela McLean outlining a transformative approach to regulatory practices, emphasizing innovation and economic growth. Overview of the

The U.S. economy has so far defied predictions of a coming recession, but many large companies are laying off workers. What to know about jobless benefits.

Millennials have more conservative portfolios than older investors, according to a Charles Schwab poll. That's out of whack with their time horizon.

Crypto | Nov 23, 2023 Changpeng Zhao, Binance CEO steps down following $4.3 billion settlement with U.S. regulatory agencies. Changpeng Zhao (CZ), the CEO of Binance, has stepped down and pleaded guilty (federal court in Seattle) to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement resolving a years-long probe into the

These dos and don'ts can help you make sure you're not suffering from a holiday debt hangover in the new year.

As mutual fund investors brace for year-end distributions, experts have tips to lessen the tax burden in future years. Here's what investors need to know.

Single mothers face high rates of financial insecurity. Experts have financial tips to help them thrive.

Open Banking | Nov 23, 2023 In this weeks Fall Economic Statement the federal government announced plans to introduce open banking laws in 2024, and to expand Payments Canada membership eligibility. See:  Bill C-365: Paving the Way for Open Banking in Canada? Open Banking Legislation Coming 2024 The Canadian government has announced plans to introduce

Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving.

If you received business payments via apps such as PayPal and Venmo, you will not be subject to a lower threshold for 1099-K tax reporting for 2023.

As a new law limiting Medicare's out of pocket prescription drug costs gets phased in, retirees will see rising premiums next year.