Thursday links: the destruction of local news
Tadas Viskanta
Abnormal Returns
5 hours ago
2 MIN READ
Markets
- The media has picked up on the degen theme. (trendlabs.com)
- Once something has been packaged into an ETF, a theme is probably played out. (monevator.com)
- What does ChatGPT know about recent market moves? (morningstar.com)
IPOs
- Nasdaq ($NDAQ) is greasing the skids for the early entry of mega IPOs into the Nasdaq 100. (ft.com)
- A look at how prior mega IPOs have performed. (tomtunguz.com)
Asset management
- Why McKinsey & Co. offloaded its RIA to Neuberger Berman. (riabiz.com)
- There’s now a bidding war for Janus Henderson ($JHG). (axios.com)
Private assets
- The fund-of-funds business is in secular decline. (pitchbook.com)
- Blue Owl ($OWL) has not put its best foot forward. (ft.com)
Media
- Local TV broadcasting is consolidating rapidly among right-leaning owners. (newyorker.com)
- The Washington Post is launching creator-led newsletters on Beehiiv. (axios.com)
- WaPo’s loss is The Athletic’s gain. (axios.com)
Earlier on Abnormal Returns
- Longform links: a low-trust economy. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: big, boring decisions. (abnormalreturns.com)
- Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
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