VENTURE CAPITAL POST

NAFA's bid to delay the implementation deadline of the fiduciary rule has been defeated after the federal court rejected the group's request. The new regulation has been opposed by many industry members, but the Department of Labor has also been active in defending the matter in several courts.

General Motors announced its plans to invest $328 million to to its Tonawanda and Lockport plants. The news came as a relief to the workers who felt reassured of their future as the company will retain hundreds of jobs on both plants.

Miller/Howard High Income Equity Fund (HIE) Announces Changes to Investment Policies.

Sapiens International Corporation has increased its presence and investment in the Nordic region with the establishment of a new head office in Copenhagen, Denmark. Helle Hølmer has been appointed by Sapiens to be the Nordic regional director.

The landscape for the investment industry remains uncertain as the financial advisors and broker-dealers are yet to know the intention of the incoming administration regarding the fiduciary rule. The rule was passed earlier this year and is scheduled to take effect on April 10, 2017.

Perry L. Pe, the president of the Management Association of the Philippines, said that businesses would thrive better if the government shifts to federalism. He said that the call of President Rodrigo Duterte to transition into a federalist form of government would promote regional competition and support the growth of investments.

Unconfirmed reports surfaced about Apple meeting with the telecommunications giant SoftBank for a $1 billion investment in the latter's tech fund. The fund is set to be launched next year to support emerging technologies.

Virtual reality firm Survios has raised a total of $50 million in its round of funding, including an investment by Hollywood studio Metro-Goldwyn-Mayer.

Honda has invested an undisclosed sum to Uber's Asian rival, Grab, in a partnership that looks to boost services amid increased competition.

ESG investing continues to be a trend in the market as it provides unique opportunities and exposure to investors who are seeking to combine their principal values with their investment selections.

Best Investment Strategy: Buy Stocks Blind.

The latest Motilal Oswal study stated that focused investing will fetch higher returns than spreading investments over a larger number of stocks. The study also reported on the key factors in getting higher returns, as well as the mistakes investors must avoid.

The accumulated regulations over the decades have been blamed for the slow economic growth in the U.S. A recent study revealed that the buildup of regulations have caused higher costs and more complicated decision-making for the firms operating in the economy.

Northern Ireland's Department for Communities stated that the government has committed $44 million to address the issue of homelessness. The funding will be used to provide support services for the homeless sector which Minister Paul Givan has communicated with in order to know their views.

DST Global Leads $80 Million Private Investment in Nubank.