Financial and Media News Roundup for the week of July 10th, 2016

Markets & Economy:

• Reuters poll: Global stocks outlook dims as risk aversion on the rise again (Reuters)
  

Asset Management:

• Wall Street’s culture shift in fixed income (Business Insider)
  
• Jamie Dimon: Why we’re giving our employees a raise (NYT)
  
• Goldman set to announce another round of layoffs in NYC (New York Post)
  
• Survey of Global Asset Management industry in 2016 (Boston Consulting Group)
  
• New Jersey dangles $200 million in incentives to develop “Wall Street West” (Bloomberg)
  
• Washington state retirement exec named new CalPERS CEO (Pensions & Investments) ​
  

​Long Reads:

• The fake factory that pumped out real money (Bloomberg BusinessWeek)
  

Alternatives:

• The fraud hunting short-seller taunting Bill Ackman (Bloomberg)
  
• The hedge fund shakeout isn’t really happening (FT)
  
• Private equity firms fear broker-dealer registration (Pensions & Investments)
  
• Global PE assets hit all-time high (Private Equity International)
  
• How private equity found power and profits in state capitals (NYT)
  
• CalPERS CEO sees opportunities in private equity (Bloomberg)
  

Fin-Tech

• Will artificial intelligence companies make any money? (Harvard Business Review)
  

Media Industry and Journalism:

• As online video surges, publishers turn to automation (NYT)
  
• Don’t argue with the Business news media who buys ink by the barrel (Talking Biz News)
  
• Bloomberg announces it will live stream several shows over Twitter (Bloomberg)
  
• Cable news has much to fear from live streaming (NYT)