Meme - That's (bubble) wrap!

Bubble and squeak

News, WEEKLY SPIN

Toronto may want to squeak rather than shout it from the rooftops, following news that it sits atop UBS’s Global Real Estate Bubble Index. Strong population growth and low mortgage rates have helped propel Toronto’s real estate market, ahead of Frankfurt and Zurich. UBS suggested that, along with Vancouver (which came in at number 6 on the index), the bubble risk for Canadian cities is now “highly elevated”. With mortgage rates rising, real estate investors can’t afford to live in a bubble if Toronto’s housing market starts to deflate. As is often the case, once any overheated market comes to end, it can create a witch’s brew of toil and trouble.

inspired by Yahoo Finance

Meme - Introducing the New Kids on the Block… chain

New kids on the Block

News, WEEKLY SPIN

Private equity shops are fast becoming the new kids on the block(chain) as they seek to widen out their investor base by tokenising their funds. Hamilton Lane, Partners Group and now KKR have all taken the move to launch funds on fintech platforms, signalling that this exclusive, hard to access asset class, is fast embracing democratisation. And could, if successful, provide a crucial link for retail investors keen to gain exposure to private markets. Much will depend on the technology’s ability to handle smaller, more frequent capital calls. But assuming blockchain rises to the challenge, private equity could soon find it has a number one hit on its hands #topoftheblocks

inspired by S&P Global Market Intelligence