Third Point Management, an investment management firm, published its third-quarter 2021 investor letter – a copy of which can be downloaded here. A portfolio return of +12.5% was delivered by the flagship Offshore Fund, bringing year-to-date returns to +29.5%. You can take a look at the fund’s top 5 holdings to have an idea about […]
MET vs. PUK: Which Stock Is the Better Value Option?
Britain's Prudential Plc said on Saturday it plans to raise HK$22.5 billion ($2.9 billion) through a concurrent public offer and international share placing on the Hong Kong Stock Exchange. Prudential said in a statement that it plans to offer 130.8 million new shares, or 5% of its issued share capital, at HK$172 per share, adding that an additional 32.7 million new shares could also be issued. Life insurer Prudential said it expects to determine the public offer price and the placing price on or around Sept. 25, with trading expected to begin on Oct. 4.