Sprott Focus Trust Stock News

The pay disparity between Apple, Inc. (NASDAQ: AAPL ) CEO Tim Cook and an average worker at the company has raised many eyebrows, and the latest to oppose the executive compensation plan is the world''s largest sovereign wealth fund. What Happened: Norway''s Government Pension Fund Global, aka Oil Fund, which has over $1.3 trillion in assets, said on Sunday it would vote against Apple''s executive compensation plan. The fund stated that a substantial proportion of the annual remuneration of the CEO should be provided in shares that are locked in, for five … Full story available on Benzinga.com

JB Capital LLC purchased a new stake in MarineMax, Inc. during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange…

ECB''s Lagarde Urges Immediate Crypto Regulation To Stop Putin Evading Sanctions Update: Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions. In response to a question on Russia potentially using crypto to evade some of these measures, the ECB president urged action on an existing proposal for a regulatory framework on digital assets. “Whenever there is a ban or prohibition or a mechanism in place to boycott or prohibit, there are, always criminal ways that will try to circumvent the prohibition or the ban” said Lagarde. “It’s so critically important that MiCA is pushed through as quickly as possible so we have a regulatory framework within which crypto assets can actually be caught.” Notably, the European Parliament has delayed a vote on the Markets in Crypto Assets Directive (MiCA) due to fears that it would be "misinterpreted as a de facto Bitcoin ban" over questions surrounding the industry’s energy demands. * * * As Daniel Roberts and Jeff John Roberts detailed for Decrypt earlier, the largest European military conflict since World War II is raging in Ukraine, and Bitcoin could shape the outcome.

OSLO (Reuters) – Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, will vote against ratification of tech giant Apple Inc’s management remuneration plan, the fund’s manager said on Sunday.

Weak lenders like Central Bank of India and Punjab & Sind Bank will get majority share of Rs 15,000 crore earmarked for fund infusion in banks

Janus Henderson Group PLC raised its stake in Innospec Inc. by 9.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund…

The crypto-native fund will invest in early-stage crypto startups as well as participate directly in crypto networks More than just a fund, Hack VC will provide startups with access to its own community of blockchain developers as well as its in-house Crypto Lab The fund is already investing in innovative crypto, blockchain, and web3 startups, including Yat, Goldfinch, Mysten Labs, Element.fi and SynCity Hack VC , the crypto-native investment firm with one of the largest blockchain developer communities in the world, announced today its $200M Crypto Seed Fund to invest in crypto, web3, and blockchain startups. The fund is backed by Sequoia Capital, Fidelity, a16z''s Marc Andreessen and Chris Dixon, Accolade Partners, Digital Currency Group, and numerous institutional investors and endowments. About the Managing Partners The fund is co-led by Managing Partners Alex Pack and Ed Roman. Alex Pack was previously a co-founder and Managing Partner of Dragonfly Capital, a multi-billion dollar cryptofund, as well as a co-founder of Imperii Partners, a leading crypto-specialist investment bank.

SEC Proposes New Disclosure Rules For Short Sellers Targeting Stocks Little more than a week after the first reports of a raid at the offices of one prominent short-seller, the SEC on Friday has suddenly announced two new regulations that firms managing money in the US will now be duty-bound to follow, or risk the threat of criminal reprisal. The new rules will broaden the data that short-sellers will be required to report to the SEC. Bloomberg said the new rules are the latest concoction dreamed up by SEC Chairman Gary Gensler to boost transparency and accountability across the financial markets. The new rules will collect more data from both large hedge funds and the megabank brokers who service them. According to Reuters, the SEC hopes these new rules will boost "transparency" by allowing the agency to gather more data on short-selling, some of which it will publish. Perhaps the most important new rule is that short-sellers will now be required to report their positions monthly as if they were long positions.

Amy Domini is founder and chair of Domini Impact Investments. She has authored several books, most recently Thoughts on People, Planet & Profit. Kiplinger: You are a pioneer in what is often called socially responsible investing (SRI). How and why did you first come to marry your sense of moral responsibility and fairness to investing? SEE MORE Kiplinger ESG 20: Our Favorite Picks for ESG Investors Domini: My first real job was as a stockbroker. I started asking clients, “Are there industries that you’d rather not invest in?” I was astonished that most people said yes. They might want to avoid tobacco companies, for instance, because their brother died of lung cancer. Over time, I saw the power in the relationship between investors and society. Do you believe that investors should be involved in this conversation? If the answer is yes, then you’re my people. Investors today hear a lot about ESG, or environmental-, social- and governance-based investing. Is that different from socially responsible investing or values-based investing?

Thematic green ETFs and mutual funds allow you to zero in on a specific area of the fight against climate change, from electric-vehicle batteries to solar power. These funds deliver the benefit of diversification and can hold shares in burgeoning companies that you might feel uncomfortable buying on your own because they have no profits and short histories as publicly traded stocks. SEE MORE Kiplinger ESG 20: Our Favorite Picks for ESG Investors What’s more, a lot of leading sustainable companies are based overseas – so you may not be able to buy shares in them, but these funds can. KraneShares Electric Vehicle and Future Mobility ETF Take KraneShares Electric Vehicle and Future Mobility ETF ( KARS ). The green exchange-traded fund tracks a global index that includes companies throughout the EV ecosystem – from auto and battery makers to autonomous driving technology (sensors), charging stations and raw materials. KARS owns shares in several EV battery makers, including Contemporary Ameperex Technology Co., better known as CATL, the world’s largest lithium battery maker; its shares trade only in China.

WASHINGTON, D.C.: International Monetary Fund (IMF) managing director Kristalina Georgieva on Thursday (Friday in Manila) warned the conflict in Ukraine will have repercussions for the global economic recovery. Following Russia''s invasion of its neighbor, Georgieva said she was "deeply concerned," and cautioned that the fighting "adds significant economic risk for the region and the world." The IMF continues to assess the economic impact, but will "stand ready to support our members as needed," she said on Twitter. The Washington-based crisis lender is in the process of deploying $2.2 billion in assistance to Ukraine under a loan program set to end in June, but Georgieva has said the fund could provide additional aid if needed. The building conflict already has sent oil prices soaring to their highest level since 2014, adding to worrying global inflation pressures. The United States and European powers later Thursday are expected to ratchet up economic sanctions against Russia, which economists warn also could bite the global economy as it reels from the impact of the Omicron variant of Covid-19.

(Bloomberg) -- A fund managed by Brookfield Asset Management Inc. has offered 47.50 euros a share to buy Befimmo SA, Belgium’s largest real estate investment trust.

Defense Wins Crucial Pause In Trial Of Former Goldman Banker ''Scapegoated'' In 1MDB Scandal Federal prosecutors'' attempt to scapegoat former Goldman banker Roger Ng for the Goldman''s massive role in the 1MDB scandal isn''t going well as they had hoped. As any voir dire attorney would tell you, jurors tend to discriminate against big banks. But in this case, this prejudice is exaberated by the fact that Goldman has already pleaded guilty itself and forked over nearly $4 billion to the Malaysian government at the DoJ''s behest. What''s more, the bank''s chief banker on the deal, the German-born Tim Leissner, has agreed to plead guilty in exchange for a deal to testify. But the testimony has been nothing less than scathing, with the defense doing a great job of discrediting Leissner and defending Ng as a scapegoat, with no immunity deal to protect him. Leissner Recently, Ng Defense Attorney Marc Agnifilo successfully called for a pause before the defense will question Leissner, due to claims, acknowledged by the prosecution, that some 15K+ documents had been withheld from the defense during discovery.

Samara Capital, an India-focused private equity firm and a local partner of Amazon.com Inc., is planning to raise as much as $500 million for a new fund targeting companies in Asia’s third-biggest economy.

Cohen & Steers (CNS) announced the IPO of the Cohen & Steers Real Estate Opportunities and Income Fund wherein it raised $305M in proceeds through the issuance of 15.25M shares…