CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ardian has raised the largest fund for buying stakes in ageing private equity funds and signalled it would be open to acquisitions as it increases its US business. The French alternative asset manager, which […]
Managers roll out record number of defence funds in Asia-Pacific #NewsMarket
CashNews.co Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools Asset managers in Asia Pacific rolled out a record number of funds investing in military industries last year in a bid to profit from a planned increase in defence spending amid rising geopolitical […]
UK councils say government ‘can’t have it both ways’ on pension reform #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Councils in England and Wales that manage £145bn of assets have hit back at government plans for a series of pension “megafunds”, warning that the pools could leave them on the hook for decisions […]
The cold reality of developing Greenland #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The hype around Greenland and its abundance of minerals has long been there. The vast Arctic island, hoping for independence from colonial ruler Denmark, has a simple pitch: it has big deposits of many […]
Listen to the barbarian at the UK investment trust gate #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When the Foreign & Colonial Government Trust was launched in London in 1868 to give individual British investors access to sovereign bonds from countries including Chile, Egypt, Turkey and the US, The Economist described […]
Goldman Sachs chief David Solomon questions start-ups’ need to list #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs chief David Solomon has warned private companies to take “great caution” before deciding to go public, adding that the depth of capital in private markets has removed the need for many to […]
Canada warns of ‘tit-for-tat’ tariffs on US if Donald Trump imposes levies #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 Ottawa has warned it will impose “tit-for-tat” tariffs on American products such as steel and orange juice if Donald Trump goes ahead with his threat to impose a levy on Canadian imports. […]
UK investment trusts are bad. What makes Boaz better? #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. Boaz Weinstein’s webcast on Tuesday was a lot. Railing against fund managers’ “ecosystem of greed”, the hedge fund founder described his attempted coup at seven UK investment trusts in similar terms to a mercy […]
Continental Europe avoiding London’s listings ‘exodus’, says Euronext chief #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The exodus of listings to the US is a “London problem” that does not exist in the rest of Europe, the continent’s biggest stock exchange operator Euronext has said. Stéphane Boujnah, chief executive of […]
Citigroup hints that Banamex IPO may not come until 2026 #NewsMarket
CashNews.co Wall Street banks JPMorgan Chase, Goldman Sachs and Citigroup notched up strong rises in profits at the end of last year, powered by a boom in trading and dealmaking. JPMorgan’s net earnings rose 50 per cent per cent to $14bn, while Goldman’s doubled to $4.1bn. Citi swung to a profit of $2.9bn from a […]