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Finance & Markets

Living Poor to Die Rich

I recently joined a professional organization to discuss various topics in wealth management. On our first Zoom call there was a debate around the use of levered long/short strategies. For the uninitiated, a levered long/short strategy is a way of taking market risk (like buying an index fund) while generating tax losses to offset capital gains (now or in the future). The leverage is what's…

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UAE-based fintech Sav raises $3.5 million

Phoenix Venture Partners Limited (PVP), an Abu Dhabi-based venture capital fund manager, today announced that it has led a US$3.5 million Pre-Series A financing round in Sav, an autonomous consumer…

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