Your 60/40 Portfolio Will Gain 3.5% Thanks to Bond Market Returns, Says Quant Giant
  • January 16, 2025

Your 60/40 Portfolio Will Gain 3.5% Thanks to Bond Market Returns, Says Quant Giant

(Bloomberg) -- Quant giant AQR Capital Management has upgraded its expectations for the performance of a 60/40 portfolio in the years ahead, saying the classic investing approach is set to benefit from rising returns in the bond market.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesChicago Agency Pitches $1.5 Billion Plan to Fix Transit WoesWill Americans Ever Lose Their Taste for Telework?Churches

Amazon opens Cape Town walk-in centre as strives for market-share
  • January 16, 2025

Amazon opens Cape Town walk-in centre as strives for market-share

U.S. e-commerce giant Amazon.com opened on Thursday a walk-in centre in South Africa that it says will help its independent sellers attract more customers and expand their businesses, while it also seeks to gain market share. For Amazon - which is striving to catch up with market-leader Takealot, owned by Naspers - the centre can increase its product range, increasing potential revenue. More than 60% of sales in Amazon's stores globally are from independent sellers – most of which are small- and medium-sized businesses.