Business
Lex Greensill and Cathie Wood: shooting stars of the financial galaxy? – The Australian Financial Review
Few captured the zeitgeist of disruption in the financial world as well as Cathie Wood and Lex Greensill. But the past fortnight has caused a sharp re-evaluation….
But ARKs flagship fund, the ARK Innovation ETF, tumbled 10.2 per cent last week as rising US bond yields prompted investors to question whether the hottest technology stocks are trading at excessively high values.
Meanwhile, Greensills financial empire, once one of the worlds biggest providers of supply chain finance, plunged into crisis last week when Credit Suisse froze $US10 billion ($13 billion) in investment funds that Greensill relies upon to finance its deals.
The Swiss bank said on Friday…
-
Noosa News19 hours agoFlatmates of missing teen Pheobe Bishop, 17, identified
-
Noosa News21 hours agoTully Sugar Mill celebrates 100 years of cane harvesting amid floods and cyclones
-
Noosa News18 hours agoFranz Ferdinand: Australian Tour 2025
-
Business18 hours agoHow these 5 ASX 200 stocks are smashing the benchmark this week