An initial public offering, or IPO, is when a privately-owned company goes public by beginning to sell shares to the public and getting listed on a stock exchange.
Despite a global pandemic, there have been 461 IPOs in the U.S. market this year, as of December 17, 2020. This is approximately double the number of IPOs (231) during the same time in 2019.
JEC TORONTO — 2020 has been the year of the retail investor. Bloomberg Intelligence estimated that from the start of 2020 to June, retail investors (non-professional investors managing their own money) constituted 19.5% of total U.S. order flow, up from 10.1% in 2010 and 14.9% in 2019. In June, Bank of America reported that the value of U.S. stocks and ETFs traded by retail investors grew almost 80% from the previous June.
This increase in retail investing can be attributed to the coronavirus pandemic. With the onset of the pandemic, more people have been spending more time at home, and some have used their free time to try their hands at investing. …
Impact investing is just like regular investing, but in addition to generating a financial return, impact investors also aim to create tangible, positive social or environmental impact. Impact investing allows investors who have specific social values to address their values by providing capital to companies that have the ability to carry out change towards them.
“Impact investing” is a relatively new term, being coined in 2007 by The Rockefeller Foundation. However, its roots from socially responsible investing date as far back to Biblical times, when Jewish law mandated ethical investing.
Socially responsible investing began in the U.S. during the 18th century, when the Methodists avoided investments in gambling, liquor, tobacco, and the slave trade. Modern socially responsible investing in the U.S. picked up as the investment management industry grew during the latter half of the 20th century. Values related to social issues like the civil rights movement, the Vietnam War, and climate change were all reflected in the industry. …
Today, “hedge fund” is a very broad term that covers a myriad of different fund strategies. Long/short, macro, market neutral, and event-driven are a few of the many fund strategies that are now lumped into the hedge fund umbrella.
The first hedge fund is widely regarded to have been started by Alfred Winslow Jones in 1949. Jones purchased stocks that he expected to increase in value (going long) and sold borrowed shares of stocks expected to decrease in value (going short). This long/short strategy attempts to maximize upside on long positions while limiting downside through short positions. …