CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bridgewater, one of the world’s largest hedge funds, is joining forces with State Street’s asset management arm to tap retail investors in the latest effort by money managers to look for new customers beyond […]
The second coming (and going) of EF Hutton #NewsMarket
CashNews.co Everyone knows that the best way to stop a zombie is to destroy its brain. But EF Hutton, an undead US underwriter we wrote about two years ago, had two heads: chief executive Joseph Rallo and president David Boral. Rallo left the bank earlier this year, taking ZombiEF Hutton’s once venerable name and trademark with […]
Bridgewater + SSGA = ETF heaven #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bridgewater and State Street have just announced a “strategic relationship” to “widen access to core alternative investment strategies”. What does this actually mean? Well, it means a risk parity ETF! Look at what just […]
European stocks fall as Ukraine war escalation unsettles markets #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. European stocks fell and government bonds gained on Tuesday, as investors responded to the latest escalation of the war in Ukraine. The pan-continental Stoxx Europe 600 index was 0.7 per cent lower by early afternoon […]
Climate action to have ‘limited impact’ on financial system, EU finds #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European regulators found there would be only a “limited impact” on the financial system from the EU’s drive to cut carbon emissions by 55 per cent by 2030, even if it caused investors to […]
The global race to break China’s grip on graphite #NewsMarket
CashNews.co This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello from Houston, and welcome back to Energy Source. A story plug to start: in this Big Read, […]
Portfolio trading is reshaping credit markets #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Exchange traded funds myFT Digest — delivered directly to your inbox. This won’t be news to regular Alphaville readers, but portfolio trading in fixed income has morphed over the past few years from cool new trend to massive phenomenon. The impact is becoming starker […]
New Abrdn chief overhauls leadership amid lacklustre performance #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Abrdn’s new chief executive Jason Windsor has made sweeping leadership changes in a bid to improve the UK asset manager’s investment performance after a difficult period. The FTSE 250 group said on Tuesday that […]
JPMorgan’s Chase UK launches first credit card #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan’s UK digital-only bank is rolling out its first credit card to customers, expanding into lending after amassing more than £20bn in deposits in three years. JPMorgan, which is the largest bank in the […]
Asian arms makers lead defence stock rally in bet on global rearmament #NewsMarket
CashNews.co Asia’s arms makers and naval shipbuilders are leading a global surge in defence stocks this year as investors bet that the region’s companies are primed to lead a rearmament boom. Triple-digit share price increases for big arms companies listed in South Korea and Japan have pushed them into the top 20 gainers on the […]