Can PIMCO's New Preferred Share Active ETF Counter Inflation Concerns?
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
Why should investors care? Aside from the size of its IPO, Alibaba is a juggernaut in the online marketplace space. The company boasted online sales of $248 billion last year, which is more than eBay.com (EBAY) and Amazon.com (AMZN) combined. In 2013, it is stated that the company generated $8.5 billion in revenues.
All in all, the IPO is valued at approximately $167 billion, which would make it among the largest in history.
Fund industry bellwethers including Fidelity, BlackRock, and T. Rowe Price have already asked for some large allocations, and are expected to be among the company’s biggest new shareholders. Smaller firms like Wellington Management Co. and Putnam Investments LLC have also requested shares in the China-based online marketplace behemoth.
Although exact amounts have not been officially disclosed yet, some sources suggest that each of the firms has requested more than $1 billion worth of shares; this showcases the strong interest among institutional investors surrounding this highly-anticipated IPO.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
News
Markets have continued their rally over the past two weeks, as falling inflation...
Justin Kuepper
|
In this article, we'll look at Element Funds' new Element EV, Solar &...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...
Why should investors care? Aside from the size of its IPO, Alibaba is a juggernaut in the online marketplace space. The company boasted online sales of $248 billion last year, which is more than eBay.com (EBAY) and Amazon.com (AMZN) combined. In 2013, it is stated that the company generated $8.5 billion in revenues.
All in all, the IPO is valued at approximately $167 billion, which would make it among the largest in history.
Fund industry bellwethers including Fidelity, BlackRock, and T. Rowe Price have already asked for some large allocations, and are expected to be among the company’s biggest new shareholders. Smaller firms like Wellington Management Co. and Putnam Investments LLC have also requested shares in the China-based online marketplace behemoth.
Although exact amounts have not been officially disclosed yet, some sources suggest that each of the firms has requested more than $1 billion worth of shares; this showcases the strong interest among institutional investors surrounding this highly-anticipated IPO.
Receive email updates about best performers, news, CE accredited webcasts and more.
Justin Kuepper
|
Let's examine why preferred stocks could be attractive in today's environment and why...
News
Markets have continued their rally over the past two weeks, as falling inflation...
Justin Kuepper
|
In this article, we'll look at Element Funds' new Element EV, Solar &...
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
Mutual Fund Education
Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...