Reckoner Capital Management has introduced the Reckoner BBB-B CLO Reinvesting ETF (RCLR), offering retail investors access to mezzanine tranches of collateralized loan obligations (CLOs) rated BBB and BB. Unlike traditional CLO ETFs that pay monthly dividends, RCLR focuses on reinvesting earnings to maximize long-term growth through compounding, appealing especially to high-net-worth investors seeking tax efficiency. The ETF provides exposure to floating-rate corporate loans, which can hedge against inflation and interest rate volatility, making it a timely diversification tool in uncertain fixed-income markets. This actively managed fund combines institutional-level CLO exposure with the liquidity and transparency benefits of an ETF.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
DMG Blockchain Solutions announced two strategic investments: one in MeetAmi Innovations, a Canadian fintech offering digital asset wealth management platforms, and another in Atomic47 Labs, an AI company focused on secure, sovereign AI infrastructur...
