Upcoming Investments

NASSAU, BAHAMAS — Executives of the Grand Bahama Port Authority are heralding a ‘renaissance’ in the island’s economy, with a pipeline of projects worth $2 billion. During the opening of their Nassau satellite office, they showcased several ‘investor-ready’ commercial and residential properties. Derek Newbold, Chief Investment Officer for the GBPA, highlighted the progress made since Hurricane Dorian, stating: “Since hurricane Dorian we have made significant progress. What’s happening in Freeport is somewhat of a renaissance. Many of the projects we have been working on for years are now coming to...

(Bloomberg) -- US mutual funds wouldn’t be able to invest in some products that track Chinese stock indexes under a new bill in Congress. The measure, which still faces major hurdles to becoming law, is among the most aggressive salvos yet by American lawmakers targeting investments in China. It’s one of several introduced on Wednesday by Victoria Spartz, an Indiana Republican, and Brad Sherman, a California Democrat, that go after companies from countries the pair says undermine US interests. The legislation would prevent Americans from “being misled regarding the value...