CashNews.co The Pension Protection Fund’s annual Purple Book is almost universally regarded as the authoritative “state of the nation” guide to the UK’s private sector defined benefit schemes — their assets, liabilities, sizes, number and asset allocations. And given that this class of fund commands close to one and a half trillion pounds of assets, […]
Consumer Staples ETF Turns Positive After Hershey Takeover Report #NewsETFs
Financial Insights That Matter Consumer Staples ETF Turns Positive After Hershey Takeover Report Boost Your Financial Knowledge and Achieve Stability Discover a growing online community dedicated to delivering financial news, tips, and strategies designed to help you manage money effectively, save smarter, and grow your investments with confidence. Top Financial Tips for Saving and Investing […]
Japan’s Orix taps energy chief as first new president in 14 years #JapanFinance
Financial Insights That Matter TOKYO — Japanese financial services group Orix said Monday it has appointed Hidetake Takahashi, a senior managing executive officer, as president in the first switch in the post in 14 years. Takahashi, 53, assumes the dual role of president and chief operating officer effective Jan. 1. Makoto Inoue, Orix’s current president and CEO, […]
Vanguard to accelerate wealth management drive in restructuring #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vanguard is carving out its $900bn wealth and advice business into a separate unit to speed investment and meet rising demand as its new chief executive sets his stamp on the world’s second-largest money […]
U.S. can become crypto superpower with sensible regulation: Eric Trump #CriptoNews
Financial Insights That Matter A set of “sensible” regulatory guidelines can help make the U.S. a cryptocurrency superpower, according to Eric Trump, executive vice president of the Trump organization and son of president-elect Donald Trump. Speaking to CNBC’s Dan Murphy in Abu Dhabi, United Arab Emirates, Eric Trump said Monday that he’d been a “big […]
Amundi, Allianz and the vagaries of M&A #NewsMarket
CashNews.co Welcome to FT Asset Management, our weekly newsletter on the movers and shakers behind a multitrillion-dollar global industry. This article is an on-site version of the newsletter. Subscribers can sign up here to get it delivered every Monday. Explore all of our newsletters here. Does the format, content and tone work for you? Let […]
Virtu, StanChart Join New UK Crypto Derivatives Trading Platform #CriptoNews
Financial Insights That Matter (Bloomberg) — Standard Chartered Plc and Virtu Financial Inc. are among large financial companies poised to join a new London-based crypto derivatives venue, as a market rally boosts the appeal of digital currencies. Most Read from Bloomberg Trading platform Global Futures and Options Ltd., known as GFO-X, said on Monday that […]
When good stocks turn bad #NewsMarket
CashNews.co This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Friday’s jobs report was middling-to-solid: 227,500 jobs were added in November, and the October number was revised […]
El Salvador to scale back bitcoin dreams to seal $1.3bn IMF deal #NewsMarket
CashNews.co Stay informed with free updates Simply sign up to the Cryptocurrencies myFT Digest — delivered directly to your inbox. El Salvador expects to reach agreement with the IMF in the next two to three weeks on a $1.3bn loan programme in return for changes to its pioneering use of bitcoin as legal tender and […]
BP moves offshore wind business into joint venture with Japan’s Jera #NewsMarket
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP will move all of its offshore wind business into a 50/50 joint venture with Jera, Japan’s largest power generation company, as it switches back from investing heavily in renewable energy to refocus on […]