abu dhabi

Finance

Abu Dhabi’s Mubadala Capital Takes Big Step Into US Credit Market

Photo by Web Summit via CC BY 2.0

Mubadala Capital, which manages $27 billion in assets, will take a 42% stake in Silver Rock Financial, which manages $10 billion in assets.

2 min read

Photo via Connor Lin / The Daily Upside

Advisor Upside

CI Financial to be Taken Private in Deal with Mubadala Capital

The deal expands Mubadala Capital’s reach in the US while giving CI Financial additional backing after years of snapping up RIAs.

1 min read

Photo by Mike Mozart via CC BY 2.0

Consumer

Black Friday Awash With Green As Markets Finish Their Best Month of 2024

Despite fears of skittishness, US consumers poured a record amount of cash into online retail on Black Friday.

2 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by Gzorgz and iLexx via iStock

Industry News

AI Won’t Replace Advisors. But It Will Transform the Industry.

AI won’t treat us to a round of golf to discuss investment strategies. But the technology is already a game changer for financial advisors

5 min read
Photo by Dell via Unsplash

Technology

PC Market’s Recovery Dreams Interrupted By HP, Dell Sales Nightmare

Byte-sized sales results from Hewlett Packard (HP) and Dell dented hopes of a rebound in the sluggish PC market.

1 min read

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