CashNews.co If the UK goes the way of the US, many adventurous investor types reading this column will, within a few years, be buying actively managed exchange traded funds (ETFs), sometimes instead of actively managed investment trusts. That great British institution — the listed closed-end fund — is under mortal threat from a new product […]
eat or be eaten in UK’s tough fund management industry #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pity the British fund manager. They lack scale, carry bloated cost bases and live with the existential angst of burgeoning alternatives and passive fund industries. UK-domiciled funds notched up net outflows of £31.5bn in […]
Brazil’s supreme court evacuated following nearby explosions #NewsMarket
CashNews.co Brazil’s supreme court evacuated following nearby explosions Read More #cashnews #newsfinace #finance #FollowsCashnews
Hong Kong still awaits payback from new Spacs regime #NewsMarket
CashNews.co Hong Kong’s blank-cheque companies are landing their first acquisition targets but corporate executives warn that tight rules are stifling the risk-taking they are meant to reward. Last month heralded the first Hong Kong special purpose acquisition vehicle to close a deal, merging with Synagistics, a Singaporean ecommerce company. The acquisition by the blank-cheque company, […]
Reeves to force UK council pensions to consolidate into eight ‘megafunds’ #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. UK chancellor Rachel Reeves is to legislate to develop eight pension “megafunds” as part of reforms to Britain’s fragmented local government retirement scheme that she claims could unlock £80bn of investment. But the chancellor […]
RWE’s lean away from green should satisfy the sceptics #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If the world is to reach climate goals, vast swaths of the industrial landscape will need to transform. Yet, for listed companies, metamorphoses are hard to pull off. Capital has to be poured into […]
How will a Trump presidency transform global trade and financial markets? #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President-elect Donald Trump won a resounding victory last week on a protectionist economic platform, vowing to impose a 60 per cent tariff on all imports from China and levies of up to […]
Bitcoin’s big bang moment is impossible to ignore #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Apparently it is time to let go of your old mindset (man). Forget about the past. Imagine a new and more glorious future. And buy bitcoin. This is a serious struggle for […]
RWE caves to investor pressure over green investments after Trump victory #NewsMarket
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world RWE has announced a share buyback programme as the German energy group caved to mounting investor pressure to rethink plans to invest €55bn in renewables in the wake of the re-election of […]
FCA backtracks on plan to ‘name and shame’ probed companies #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Britain’s financial regulator has said it will “fundamentally reshape” its plan to “name and shame” more of the companies it investigates after the proposals provoked a major backlash in the City of London. […]